Summary
Small business owners are grappling with significant emotional and financial challenges amid ongoing economic uncertainties, including tariffs, limited access to capital, and policy instability. While many remain optimistic about long-term opportunities, a Goldman Sachs survey reveals significant short-term anxiety and leadership stress. The main issue extends beyond financial concerns to a potential breakdown in leadership structures, exacerbated by chronic stress and decision fatigue. The article emphasizes the importance of emotional resilience for effective leadership and recommends a framework based on awareness, authority, and agility. It encourages leaders to openly acknowledge stress, connect with peers, pause before reacting, and practice self-care techniques such as mindfulness and journaling. Additionally, emphasis is placed on emotional intelligence, storytelling, and maintaining perspective to inspire teams and reinforce direction during times of disruption.
Kiplinger
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