This archive report was first published on 18 September 2019.
Did you know that, on average, one in three entrepreneurs experiences depression? This harsh reality is often overlooked in the fairy tale of entrepreneurship, where only successful businesses are showcased.
My friend's story is a stark reminder of the challenges entrepreneurs face. Three years ago, he started a poultry farm, a dream he had nurtured for years. I mentored him where I could, and we even visited a mega poultry farm along Mombasa Road to learn from the founder's experiences.
The founder's words of wisdom still resonate with me: 'It wasn't easy getting my business to where it is.' He emphasized that every entrepreneur should know the rules of architecture that build a strong business, just like a house has a foundation that determines its strength.
As I reflect on my friend's journey, I realize that the foundation of a business is crucial. It's the research, product evaluation, and understanding the audience's needs. Don't put all your eggs in one basket; spread your resources wisely and be prepared to adapt.
My friend's diagnosis was stress, a common affliction among entrepreneurs. He'd borrowed money, and his business didn't pick up as expected. His story serves as a reminder to take it easy and move at your own pace.
As an entrepreneur, it's essential to acknowledge the stress threshold and take proactive steps to manage it. A business conference I attended in the United States highlighted the importance of mental health support for entrepreneurs. Even big businesses shut down, and it's crucial to be prepared for failure and bounce back.
Remember, you can't change the past, but the future is a blank canvas waiting to be painted. Take it easy, and move at your own pace. The writer is an award-winning artiste and entrepreneur.
