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Kathy Marshack News

Money Tips for Couples Starting Their Own Business

Wednesday, April 26, 2017


Couple sitting at desk looking at billsYou’ve got a new business idea? Great! Your romantic partner is on board to work with you? Even better! As you begin to plan the logistics of how this new enterprise with your partner will grow and thrive, it goes without saying that planning financial matters will be on the top of your list of things to do.

These plans do not refer solely to financial matters directly related to the business, such as start-up costs, fees, and overhead. When you’re working together as a couple, money issues are also part of your personal lives. One partner may keep their full-time job while the other devotes their time to the new business. Maybe you will both quit working and jump in with both feet. How will this entrepreneurial venture affect your children?

As a couple, you need to determine ahead of time, how you will manage your money, or lack thereof, during this transition.

Over the years, I have had the opportunity to work with many entrepreneurial couples, and there is a pattern among those who have long-term, happy relationships interwoven with a prosperous business life. Here are some money tips for couples starting their own business I have seen work time and again:

  • Make a plan for personal expenses. Know what you have, and what you can afford. Growth usually requires a certain amount of risk, but don’t go into your new situation blind. Create a solid plan for how you will continue to pay for your personal expenses as the business grows.


  • Prepare to live on a single income. It may not come to this. Your business could be profitable immediately. Or you may both continue working full-time until the business reaches a point where you feel comfortable with one or both of you quitting your full-time job. But be prepared for the idea that you may very likely have to survive on less for a time. Make sure that no matter where your money is coming from, you both feel like equal partners. Regular communication is vital to maintaining that feeling of partnership.

  • Designate responsibilities. Don’t get lost in the chaos that comes with launching a new business. Keep in touch with each other and make sure everyone feels valued. For efficiency’s sake, you may divide up duties along the lines of who is most capable or available. At the end of the day, though, you are just as responsible as your partner for the success of your goal. If one spouse is less involved in the business, show gratitude for the work they do and sacrifices they make in other ways.


  • Give 100%. Each partner should consider themselves 100% responsible for the quality of their individual life as well as their joint venture (i.e. parenting, household duties, managing & promoting a business). You should put your whole self, talents, intuitions, and muscle into the marriage and business partnership. When both partners do this, it makes them each equally responsible for the outcome.


  • Communicate. There is no substitute for regular, meaningful communication. What does this have to do with money? Your business will suffer if you are not working together as partners in life and business. Take time out from the stress of entrepreneurship to reconnect and keep love as your top priority. This means talking about things unrelated to your business. Talk about the things that feed your soul, that concern you, that bring you joy.


  • Maintain a healthy work-life balance. Starting and running a successful business requires an inordinate amount of time and energy. It could result in you losing touch with those most important to you. It is also crucial to care for your personal health and well-being. Your business can’t run without you, and your partner doesn’t want to do it without you. Set aside time to be active in a way that energizes and invigorates you, and schedule time with your family and friends. That time spent recharging your batteries can be just what you need to persevere and achieve even greater things.


Talking about money is a top stressor for many couples. When you add in the stress of starting a new business don’t be surprised if things get a bit rocky in your relationship. I’ve helped many couples make a success of their marriage and their business. If you live in the Portland, OR/Vancouver, WA area, please contact my office to set up an appointment. If you live elsewhere, take a look at remote education services specifically for entrepreneurial couples.

How to Be a Fearless Woman Business Owner

Tuesday, April 25, 2017


Woman standing in business suitAre you a woman business owner? You’re not alone. According to the National Association of Women Business Owners, in 2015, “More than 9.4 million firms are owned by women, employing nearly 7.9 million people, and generating $1.5 trillion in sales as of 2015.” That’s pretty impressive! Yet I find that so many successful businesswomen still feel inadequate at times.

Of course we all have different life experiences, and come from varied backgrounds and circumstances but there are certain fears that women frequently face as they run their business. What are they? And how can you conquer these fears so you think and act like a truly fearless leader?

Let’s examine three common fears and how to get past them:

1. Fear of not being viewed as “nice”. Women tend to avoid saying or doing things that could be viewed as aggressive or selfish. So they put their needs and desires in the background, not talking about them or even acknowledging them. Have you ever caught yourself doing this?

The problem is, when you don’t feel heard or recognized, resentment usually follows. Resentment grows quickly, and it doesn’t go unnoticed by those around you. When they feel the tension, but you’re not communicating what the problem is, it causes more tension and everyone just ends up feeling like they’re walking on eggshells around you – definitely not a pleasant, productive work environment.

The best gift you can give people you work with is to be clear with them about your goals and desires. Even if they don't agree with you they know where you stand. Nothing is hidden.

2. Fear of confrontation. This is closely tied in with the fear of being perceived as “not nice”. Women often will try to bury conflicts instead of actively resolving them. Perhaps you’ve done this before. You walk around as if everything is fine, when you are really upset. Maybe someone isn’t fulfilling their job duties, or you have an employee who is ten minutes late every day. It is an issue that needs addressing, but you just can’t bring yourself to do it.

Avoiding conflict can lead to serious problems. Issues can fester, and progress isn’t made. What began as a minor issue or annoyance will grow into a huge problem if it isn’t addressed quickly.

To move forward, you must firmly, but respectfully, confront the issue at hand. Acknowledge that there may be differing opinions, but insist that things get talked out. Keep talking until you reach a resolution. It may be that your difference of opinion is just what the system needs to be more profitable and productive.

3. Fear of failure. The idea of failure gives everyone some level of anxiety. As a woman, you feel failure differently. You fear failure in your business venture, but also worry about failing at your marriage or as a mother. Women place a high value on work-life balance, and a perceived loss of that balance can cause a woman to feel like a failure.

This particular fear can be paralyzing. It can prevent you from taking chances or growing your business. It keeps you from reaching out or taking on more responsibility. It holds you back from growing personally and professionally.

The next time the “what-if’s?” start taking over, take a minute for yourself. Be still, quiet, and let yourself feel the fear and anxiety. Then, once the emotions have settled, move forward and take action. Without risk and investment, there is no return. Without putting in a good deal of time and money, you wouldn’t have your company. Without your hard work at your company, your children would not have the future you want for them. Without putting your heart on the line, you wouldn’t have close relationships with your loved ones. Remind yourself of the good results of your past decisions. Have confidence that you can move forward to experience more positive results.

There are many other challenges that you as a woman business owner face, and other fears as well. If you know you could use someone to hold you accountable and help you push beyond your self-imposed boundaries I would love to work with you. If you live in the Portland, OR/Vancouver, WA area, please contact my office to set up an appointment.

How to Use Mindfulness to De-Stress at Your Desk

Monday, April 03, 2017


Here are some practical ways to use mindfulness to de-stress at your desk so you can mindfully choose mental and emotional states that most benefit you.Is work getting you down? Do you carry the job stresses home to your family, inflicting them with your bad mood? That just creates more stress, doesn’t it? If you’re ready to try something new that stops this cycle, I’ve got a recommendation for you…try mindfulness.

What is mindfulness? Basically it means you’ve developed a focused mental state based on your awareness of the present moment, while calmly acknowledging and accepting your feelings, thoughts, and bodily sensations.

If you have a daily practice of mindfulness at your desk, you can release the tension as it begins rather than letting it build like a pressure cooker ready to explode. Try these simple mindfulness ideas and see if they don’t work for you…

  • Focus on one thing at a time. Mindfulness helps you hone in on the one thing you need to accomplish at this moment in time. This helps you avoid the temptation to multitask.
  • Be aware of what your body needs. You know how sitting for hours staring at a computer screen makes you feel. It’s not pleasant. Don’t just sit there and take it. Move your body until it’s relieved. Stand up, stretch and move at least once an hour to relieve any tightening and to remind yourself to keep good posture.
  • Keep yourself centered. You know how stress can make you feel off kilter and out of sorts. Take time to collect yourself. Find a quiet place and relax through meditation or going for a walk.
  • Clear out the clutter to stay in the moment. When all those nagging, little tasks pile up, it’s amazing how much stress they exert on you. If they can be done in 5 minutes or less, clear them out of the way.
  • Breathe. When you get up to stretch, do a few breathing exercises too. Draw air deeply into your lungs and feel yourself relax. Too often people breathe shallowly, which adds to your feelings of anxiety.
  • Remember your purpose. The job isn’t everything. Work is a means to make a living so you and your family are happy and healthy. This puts things in perspective and helps you create boundaries so work stays at work, so you’re no longer taking it home with you.

Sometimes stress builds up and becomes a chronic problem that detrimentally affects all areas of your life. If this has happened to you, please seek the help of a mental health professional. If you live near Portland, OR/Vancouver, WA please feel free to contact my office and schedule an appointment so we can get it resolved and you can move on.


Read more on my website: Managing Stress and Releasing Unresolved Stress.

The Art of Negotiation When You Live With Your Business Partner

Monday, March 20, 2017


Man and woman negotiatingAs an entrepreneur you are probably pretty accustomed to negotiating to get what you want. You negotiate prices, interest rates, contracts and more. And when you enter into a business partnership, you negotiate the details of the arrangement and the way you will do business.
 
What you may not be so used to is “negotiating” with your romantic partner. The term used most often in this setting is “compromise.” Two people communicate and discuss an issue, and eventually reach a compromise. The idea of compromising, though, carries the connotation that at least one person loses out in some way. They have to give up something important or valuable to them to reach an agreement.
 
Now, what happens when your romantic partner is also your business partner? How can you negotiate successfully with someone you are very likely used to compromising with? As with any relationship, life partners who are also business partners should work toward finding a win-win solution. The art of negotiating a win-win, or no-compromise, solution with another person requires a lot of effort. But the pay-off is a relationship filled with respect and cooperation.
 
The art of negotiation for entrepreneurial couples consists of the following:
 

Listen. It is very important to hone your listening skills. Listening can be a difficult skill to master, especially if you have a lot to say. But a good listener gains understanding of the other person’s reality, which is necessary before you can proceed with negotiations.


Listen to what your partner is trying to tell you, not just the actual words they are using. It will take some perception and understanding on your part to read between the lines. Pay attention to their body language. Also, be truly interested in what they have to say. You have chosen to spend your life with this person, so show that same interest and kindness when you deal with them in regards to your business.

 

Display empathy. Your partner has likely spent a good portion of their day being beat up by the outside world. So when negotiating with them, deal with them in a different way. You are a source of peace, a place of sanctuary. If you are genuine and make the effort to feel what your partner is feeling, they will feel appreciated. This will make them more comfortable speaking in clear terms that will require less analyzing and translating on your part.


Watch your tone. Maybe a direct, assertive, no-nonsense tone has gotten you what you want from others in the past. It probably doesn’t work so well with your partner. Your voice helps sets the tone for negotiations, so start light. Keep your tone positive, even playful. If things get more serious and stressful, use a low and slow voice. This type of voice inflection signals that you are in control, but does not show aggression or put your partner on the defensive.


Look at things a different way. There are many “right” solutions to a problem. We tend to think our solution is the right one because it fits our reality the best. Be open to ideas that work just as well, or even better, than our original one. Don’t deny yourself the opportunity to benefit from the creativity of other free thinking individuals.


Take your time. Don’t move too quickly, or too slow. Don’t drag on a negotiation longer than need be. But devote the time necessary to have a productive conversation, or series of conversations. It may be that a solution cannot be reached in one day, and you have to go to bed and start again tomorrow. That’s ok! Don’t give up just because you aren’t getting your way. You may be tempted to resort to intimidation for the sake of expediency, but you will risk your healthy relationship with your partner.


Focus. Keep your business discussions focused on business. Try to avoid letting personal issues or outside forces into the conversation. And when the discussion is over, don’t let it carry over into your personal relationship. Living with your business partner doesn’t mean that everything revolves around the business. Nurture your personal relationship, too.


These positive negotiation skills should help you resolve most issues. However, the tendency to compromise, intimidate, or acquiesce can be difficult to get past. Sometimes it is necessary to get some outside help get personal and business discussions back on track and productive. If you live near Portland, OR/Vancouver, WA, please contact my office to schedule an appointment. If you live elsewhere, I offer remote education for entrepreneurial couples via video conference.

6 Things Resilient Business Owners Never Do – Even on Very Bad Days

Wednesday, March 15, 2017


Man at desk with computer "Everyone experiences tough times; it is a measure of your determination and dedication how you deal with them and how you can come through them." -Lakshmi Mittal
 
As a business owner you have good days and you have bad days, perhaps even very bad days. Being in control of your own business isn’t for the feint of heart. Probably more than anything else, to succeed in business you’re going to need to be resilient. Resilience is a broad term that refers to mental toughness. It indicates that a person is flexible, tough, thinks ahead, and works thoroughly and efficiently.
 
But sometimes there are some negative thinking patterns that can begin to erode your resiliency. How can you eliminate negative thinking that might be holding you back?
 
Let’s consider 6 things that resilient business owners don’t do:
 
  1. Feel sorry for themselves. Problems small to large are inevitable, but feeling sorry for yourself is a choice. Self-pity wastes valuable time and mental energy. It also keeps your focus on the problem instead of creative solutions. A good way to stop feeling sorry for yourself is to cultivate a grateful attitude, perhaps by writing down things in your life that are positive.
  2. Succumb to fear of change. Change is a part of life. Nothing stays the same. For some people, adjusting to change comes easily. For others, change causes an inordinate amount of stress. Whatever natural reaction you have to the idea of change, a resilient business leader will not shy away from change or let fear hold them back. Your success, both in life and business, depends on your ability, and willingness, to adapt.
  3. Dwell on the past. Learning from past mistakes with a goal to not repeating them is a good thing. Dwelling on them is harmful. You can get stuck in a cycle of second-guessing your choices or wishing that the present was just like the past. Neither of these things are productive. To grow and progress you have to make peace with the past and work through any negative emotions that could be holding you back.
  4. Worry about things they can’t control. Complaining and worrying about things you have little or no control over will not help you. It will only serve to distract you and take energy away from working on the things you can control. Other people’s choices, business decisions, and opinions are outside of your control, so don’t waste precious time worrying about them. Accept the situation, and move forward.
  5. Resent the success of other people. Have you ever felt a little twinge of jealousy when you see someone with something you don’t have? Maybe another business owner received an award or recognition for their work. A resilient leader doesn’t get distracted by jealousy. Resentment takes away your focus from your own work and impedes your efforts to reach your goals. Instead, recognize that the success of another person in no way takes away from your success. Be happy for them, and keep working toward your own definition of success.
  6. Give up. There are some people who can’t handle failure in any form. Their self-esteem is completely wrapped up in their “success”, aka “lack of failure.” But real success comes, not from doing everything perfectly the first time, but from trying, failing, getting back up, and trying again. If you feel like you have failed, try again. Focus on improving your skills, and mastering your craft.

Of course, ridding yourself of negative thought is easier said than done. If you’re struggling with one of these areas, consider getting help from a mental health expert. Rather than being a sign of weakness, this shows that you are ready to step up and be the best possible version of yourself and succeed not only in your business, but your life. If you live near Portland, OR/Vancouver, WA, please contact my office to schedule an appointment.

High Emotional Intelligence – A Must for Successful Entrepreneurs

Monday, February 27, 2017


High emotional intelligence helps entrepreneurs succeedHow well do you manage your emotions? How about other people’s emotions? Can you read what they’re feeling and use this awareness to improve your relationships? If so, then you likely have a high EQ or Emotional Quotient.

Is this important for entrepreneurs? Absolutely! Studies have shown that over 90% of top performing business people have a high EQ.

Emotional intelligence is made up of two parts, personal competence and social competence. Emotionally intelligent people have the capability to recognize their emotions and the emotions of others. They can then use this information to guide their thinking and manage their emotions so they can adapt to their environment and achieve their goals. An emotionally intelligent person can also find a balance between the rational and emotional parts of their brain.

The good news is, unlike other measurements of intelligence, your EQ fluctuates throughout your life and you can drastically improve it through increased awareness. Below are qualities that emotionally intelligent people posses and how these qualities provide an advantage in business and life.

As you read through this list, I encourage you to rate how well you do in each area.

They are difficult to offend.
People with a high EQ have thick skin – they are confident, open-minded and not overly self-conscious. They are comfortable joking about their own faults and not offended when others do so. This trait makes them invaluable in social situations.

They’re a good judge of character.
This trait has to do with the social competence aspect of emotional intelligence. The ability to read others’ emotions, by observing body language and facial expressions, enables them to avoid stepping on toes. Emotionally intelligent people are also able to see beyond the facade and understand a person’s real motivations and intentions. This ability is paramount for savvy entrepreneurs.

They have a large emotional vocabulary.
Everyone experiences emotions but few have to ability to describe and categorize them. Having a large repertoire of emotional words allows you expand your consciousness about your feelings so you can connect them to the rational part of your brain. Instead of using the word “happy,” an emotionally intelligent person might use “satisfied”, “content”, or “cheerful”. When you use this specific word choice it allows you to connect with the source of your emotions and empowers you to decide what to do with them.

They can neutralize the effect of toxic people.
Dealing with a difficult person can be taxing on anybody. These types of people create complications, hurt feelings and in general create stress for others. People with a high EQ, have the advantage of dealing with difficult people effectively. They stay aware of their emotions and can remain calm and objective. They establish boundaries and decide when they have to put up with that person and when they don’t. Lastly, they keep an emotional distance from the person while still keeping aware of the other person's emotions.

They don’t hold grudges.
Emotionally intelligent people understand that holding a grudge is pointless and exhausting. Holding onto a grudge means holding onto stress, and emotionally intelligent people avoid unnecessary stress at all costs. Chronic stress increases the risk of long-term heart problems and a variety of other health issues.

What do you think? You probably saw areas where you are doing well and other areas that could use some work. Improving your emotional intelligence can be difficult, it requires conscious effort, but the benefits, far outweigh the cost. Having an awareness of your emotional state and that of others’, whether they are employees, customers or family members, will result in much stronger relationships. And relationships are the foundation of every successful business.

Heightened emotional intelligence can give you and your business the competitive edge you seek. If you would like to dramatically improve your EQ and you live near Portland, OR/Vancouver, WA, please contact my office to schedule an appointment.

Stressed Employees? Six Ways to Reduce Stress in a Family Business

Monday, February 20, 2017


Stressed woman sitting at deskAs an entrepreneur, you are used to handling high stress levels. It comes with the job. But what about your employees? They deal with stress, too. High levels of stress can cause or compound a variety of physical and emotional health issues. As a result, stressed-out employees tend to take more time off and be less productive when they are in the office. Their stress can also rub off on you, customers and coworkers.
 
You may think it’s not your job, but savvy business owners recognize that helping employees reduce stress is a top priority. If you work with your family, it is more important than ever to create a positive work environment. The good news is there are many positive changes you can make to create a work environment that reduces the stress you and your employees feel.
 
How can you help reduce the stress felt by your employees? Consider these six ideas:
 
  1. Set a good example. Just as children imitate the example of their parents, so too do employees imitate the example of their boss. Demonstrate what work-life balance looks like. Take time for your family and your wellbeing. Avoid negative attitudes. If you establish a culture of balance and reasonableness at the office, your employees will follow suit and stress levels will go down.
  2. Help them find balance. Even if your employees see you taking time for yourself and trying to maintain a healthy work-life balance, they could struggle to achieve the same thing in their own life. So empower them with information about the benefits of staying healthy through exercise and good eating habits, and the importance of taking breaks. You may even want to create company policies that encourage health and wellbeing.
  3. Communicate openly. Be clear and open with everyone involved in the family business. Create an environment where people feel comfortable asking questions and making suggestions. Let each person know what is expected of them and how they can gauge their success. Stress is reduced when people feel heard and informed.
  4. Don’t be afraid of confrontation. In family firms, conflicts often get buried instead of being resolved. However, avoiding conflict can lead to serious problems. Issues can fester, and progress isn’t made. In order to get to the bottom of conflicts and move forward, you must respectfully and firmly confront the issue. Acknowledge that you may or may not be right, but insist that the family talk things out. Keep talking until you find a mutually agreeable solution.
  5. Create a pleasant work environment. Your employees will do their best work when their environment is free of clutter and full of life. Get to work organizing, filing, and putting things away. Encourage laughter, teamwork, and bonding. Bring in some art and plants. Plants purify the air, reduce blood pressure, and promote positive energy.
  6. Express appreciation. It is a good practice to daily look for opportunities to tell each person how much you appreciate them. Employees need to hear commendation. And if they hear you offering commendation, they will be more likely to express appreciation for the help their colleagues give them as well.
 
A positive work environment is vital when it comes to reducing job stress, forging strong family bonds, and increasing productivity. Sometimes it is easier said than done, especially when it comes to working with family. I am here to help you manage the unique challenges of working with your loved ones. If you live near Portland, OR/Vancouver, WA, please contact my office to schedule an appointment.

Entrepreneurs – How to Conquer Your Own Worst Enemy

Wednesday, February 15, 2017


Shoe squishing the word impossibleWhat do you consider to be your worst enemy as an entrepreneur? The ever-changing market? Fickle customers? Your competition?
 
What about your own negative attitude?
 
You may have heard that attitude is everything, and indeed it is. The mind and body connection is very real and very powerful. Our emotions affect our bodies and dwelling on negative ones can cause many physical health problems.
 
But did you realize that optimism could also greatly impact the health and wellbeing of your business? Optimists tend to be solution-oriented. When they encounter a setback, instead of throwing their hands up, they continue to search for a way around the problem because they are convinced there is a solution. They are also willing to try new things because they recognize that what looks like failure is really a learning experience.
 
While optimism can positively impact your life and business in a very large way, negativity can quickly tear down what you have worked for. Negativity adds to the normal stress felt by entrepreneurs everywhere. It also has a debilitating effect, sometimes preventing people from moving forward and getting past a situation or starting something new.
 
Do you tend to have a pessimistic attitude about life or your business? Or perhaps all the negativity in the media of late is having an impact on your state of mind?
 
Let’s consider three steps that can help you turn your negative thoughts around:
 
Accept your thoughts and feelings. It is important not to dismiss your negative thoughts and worries. Worrying about worrying is not going to help you! Accept your thoughts and feelings and take time to examine them. When you accept the existence of the negative thought and take ownership of it, you take back power and control. The problem no longer feels so large.
 
I often suggest to my clients that they make the effort to practice mindfulness, a simple form of meditation that helps you get control of your thoughts and behaviors. It is the act of focusing all of your attention on the present. Focus on what you are doing or feeling without thinking about why you’re doing it or feeling that way, what you should do next, or what you think you should be doing. Mindfulness requires that you consider your thoughts and feelings without judgment.
 
Challenge your negative thoughts. Once you accept your negative thoughts, you are in the position to challenge them. Ask yourself: Is there real evidence for your frightening thoughts and predictions? Are they founded in unhelpful beliefs? What are the pros and cons of worrying or avoiding the thing I fear?
 
Replace negative thoughts with realistic thoughts. Once you’ve identified the irrational or negative distortions in your anxious thoughts, replace them with new thoughts that are more realistic and positive. It can be helpful to view your negative thoughts and worries as incentives to search for solutions. Especially in business, solutions do not come from worry or fear. They come from putting our attention on what is good and beneficial.
 
Often, negative thoughts are part of a lifelong pattern of thinking. It takes time and practice to break these habits. To help you adjust your thinking to a more positive perspective, I suggest starting each day with a positive thought. That may sound small, but it will help you set the tone for how you will choose to think for the day. It is also beneficial to practice gratitude every day. People who look for reasons to be grateful experience better mental health, emotional wellbeing and resiliency in the face of difficulties.
 
If you still feel overwhelmed by negative thoughts and you live near Portland OR/Vancouver, WA, please contact my office to schedule an appointment. I can help you put your negative thoughts into perspective and cultivate a positive attitude that will help you succeed in life and business.

7 Reasons Why Every Entrepreneur Should Keep a Journal

Monday, January 30, 2017


why entrepreneurs should keep a journalWhat do many highly successful entrepreneurs have in common? Many of them keep a journal. Now you may be thinking, I’m extremely busy juggling a million other things, how can I possibly find time to journal?

Once you see the benefits of journaling you just might be motivated to make the time. It’s a tool that will empower your life in unexpected ways and fuel your professional and personal success.

Here are seven reasons why even the busiest entrepreneur should consider making time to journal:

1. It is well known that visualization is a key to a successful business, or any success for that matter. How does journaling help you visualize? When you write something on paper you clarify and prioritize what you want. This process makes your ideas and visions more concrete, which helps you to achieve them.


2. By putting “pen to paper” so to speak, you engage your creative process. Creativity is a must for entrepreneurs if they want to stay one step ahead of the competition. Journaling can help you create new ideas, especially if you write down any thought that crosses your mind, without editing yourself along the way.

3. Journaling engages your whole brain. When writing, your brain is using the left side for the analytical aspects of writing, which frees up the right side of your brain for creative thinking. Journaling is a process that engages your whole brain, and many times new ideas are the result.

4. Journaling can help you with your self-confidence. When you write about a positive experience your brain re-lives the experience. We often tend to ruminate more on negative experiences. So write about a huge win in your business! Whenever you reread your entry you will be releasing endorphins and dopamine back into your brain giving your self-esteem a boost, maybe when you will need it most.

5. Journaling helps you to track your progress. Entrepreneurs are the lifeblood of their business. You’re constantly learning, adjusting and fine-tuning as you go along. You may not realize how far you’ve come! Being able to write down what you have learned and are learning can be a big motivator as you go through rough spots in your business.

6. Journaling can strengthen your self-discipline. It can be a struggle to sit down every day and write in your journal, and doing so requires self-discipline. But just like a muscle, the more you exercise it, the more you use it, the stronger it becomes. Forming good habits in one area of your life have a tendency to spread to other areas. You will find that your daily practice of writing will domino into the creation of other healthy habits.

7. Writing is a well-known stress reliever. Journaling can help you not only to express your feelings, but also to interpret and learn to work through them. Anyone who has tried to start a business knows that it can be stressful, but journaling could be your secret weapon to managing stress and improving your health.

So keeping a journal has many benefits, some obvious and some not so obvious. Just remember that patience is the key to being successful when keeping a journal, but if you make the effort you are sure to be rewarded. If you would like to learn other strategies that will help you achieve success in your personal and professional life contact my Portland OR/ Vancouver WA office for an appointment.

5 Ways to Ensure That a Mid-Life Change Doesn’t Turn Into a Crisis

Tuesday, January 17, 2017


Businessman jumping from one rock to anotherWe’ve all heard about the stereotypical “mid-life crisis,” a time when people act out their frustrations with life in seemingly crazy ways. Maybe you know someone who dropped a lot of money on a pricey convertible, had an affair, or walked away from a perfectly good job. Or maybe an entrepreneur who took an uncalculated risk or decided to start three new businesses at once. Perhaps this risky behavior secretly sounds somewhat alluring to you?

What is it about the period of mid-life that causes some people to react so “crazy”?

It ultimately boils down to a feeling of panic when you’re lacking a sense of purpose. It usually takes a while to reach this point. Most people start to suffer from lack of energy and creativity. They think about dreams left behind and start to long for something different. They get anxious and unsettled. Feelings of being unfulfilled and unhappy with their home and business life start to creep in.

The crisis or transformation that is occurring during this stage of life involves reevaluating one’s life and mission. Those pursuits or accomplishments that seemed so important in earlier years are no longer challenging or appealing. At this time, people are looking for new ways to make or find meaning in their lives because they want to make the most of the second half of their life.

A mid-life crisis happens when the different aspects of a person’s life interacts to produce conflict, confusion, change, reorganization, and, ultimately, growth. Their own life, family developments, and entrepreneurial pursuits converge and results in change. To deal with these exterior changes, the entrepreneur in their mid-life must change and grow too.

How can you ensure that this life change doesn’t become a dramatic crisis? Here are 5 ways to make this transition gracefully:

1. It is critical to reclaim your sense of purpose. People with a strong sense of purpose live longer, happier, more fulfilling lives than their peers who feel aimless. Find what brings you joy and gives you a reason to live. Take time to learn new things and start new interests to keep your brain active and interested.

2. Stay connected with your partner, family and friends. If business pursuits have kept you away, or life in general has kept you apart, make the effort to reconnect. These are the people who truly love and support you.

3. Cultivate a grateful attitude. Gratitude has a greater effect on your emotions than you realize. Having a grateful attitude is linked to less stress and anxiety, better physical health, and greater satisfaction in life and relationships. Take note of what you are grateful for and express gratitude when you can.

4. Give back to your community. This can be by donating to charity, getting involved in your church, or volunteering with a non-profit. It helps you regain your sense of purpose when you are part of something bigger than yourself.

5. Take time to exercise and stay healthy. Part of staying healthy is having fun. Don’t take yourself, life, even your business, too seriously. View life with some levity, and it will help you avoid that panicked, crisis feeling.

The mid-life is an exciting time, personally and professionally. It is definitely a transition, but remember that transitions can be good. You just have to be aware of the transition, what to expect, and how to cope. If you need some help with this new stage of your life and business, and you live in the Portland, OR/Vancouver, WA area, please contact my office to set up an appointment.



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