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What You Need To Do As An Entrepreneur When You Lose Your Loved One

What You Need To Do As An Entrepreneur When You Lose Your Loved One

Reported by Liku Zelleke

How do you, a small business owner whose life partner did most of the paperwork for you, cope after they pass away?

That was the question asked to business guide and consultant Gladys Edmunds. She says the key thing to remember here is to concentrate.

“Consider calling a temp agency to send in someone to handle the office work while you continue through the healing process. You can’t continue to push yourself past your limits. And if you are losing money you have pushed too far,” Edmunds writes in response to a query from a person who says they had lost around $5,000 in just six months following the death of his wife.

He said that most of the error occurred due to billing mistakes.

“Your situation is about getting back your ability to concentrate in order to continue running a profitable company,” Edmunds writes. “Think of focusing as walking on a balance beam – take things slow and steady while concentrating all of your energy on staying balanced while moving ahead.”

“We need laser-like concentration and attention when doing many tasks but especially when running a business. All of your energies must be concentrated on that one specific thing for you to do your best thinking, best creating, and your best decision-making,” she added.

As an example, Edmunds writes about how she learned about the importance of focusing and concentrating by telling a story of her childhood experience:

When I was about 6 or 7, I watched an older kid on our block hold a magnifying glass over a pile of newspapers and start a fire. Of course, my play pals were fascinated by this stunt. I had to try it! I worked endlessly trying to duplicate this feat and yet nothing happened.

One day my grandfather noticed my frustration and walked over and knelt down beside me on the sidewalk. He explained that the fire wasn’t igniting because I wasn’t focusing the lens of the magnifying glass steadily over the newspaper in line with the sunlight.

Grandpa placed his hand over mine, and we held the magnifying glass near the edge of the papers. He taught me not only to aim the lens correctly but to focus mentally on getting the desired result. Thanks to his help, I was finally able to set the newspaper on fire. And thanks to Grandpa my popularity with my friends soared and I learned a lesson about concentration that would stay with me for the rest of my life.

“Do yourself a favor and turn the job of billing and price quoting over to someone else until you are able to give it the attention that is needed,” Edmunds advises.

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