How can entrepreneurs overcome loneliness?
Amid news of unicorns, fundings, product launches, acquisitions, public forays, layoffs, and the occasional founders’ tiff and meltdowns, we often forget about the entrepreneurs who’ve doggedly worked on projects that few people thought were possible.
Startup founders often chart lonely journeys under the scrutiny of multiple stakeholders. When entrepreneur coach Christina Richardson surveyed founders regarding their mental health in 2019, she found out that hundreds of founders used ‘lonely’ to describe their mental state. And it seems to have only gotten worse since then, thanks to the pandemic.
Another recent study conducted by UC Berkeley found that 72 percent of entrepreneurs self-reported mental health concerns. Entrepreneurs were more likely to report a lifetime history of depression (30 percent), ADHA (29 percent), bipolar diagnosis (11 percent), and substance use conditions (12 percent).
“Being an entrepreneur is a gruelling job with a mountain of responsibilities. Often, developing new products, running a business, and growing a team can feel like an uphill battle. There is a greater risk of failure and new challenges every day, which can sometimes leave you jaded and make you feel quite lonely,” Supriya Paul, Co-founder and CEO of media platform, tells YourStory.
This week, Entrepreneurship 101 – a YourStory series on the ‘human’ aspects of entrepreneurship – focusses on how startup founders can deal with loneliness at work. Read more.
Editor’s Pick: Securonix
After raising $1 billion in a round of funding in February, led by specialist private equity firm Vista Equity, cybersecurity company Securonix is on an expansion spree globally, including in India.
Austin, Texas-based Read more.is a next-generation cloud-based SaaS (software-as-a-service) product for Security Information and Event Management (SIEM) company. Its employee headcount in India has increased from 300 in the middle of last year to 500 people now, across its offices in Pune and Bengaluru. The company plans to add more workers in the near future.
Incorporated in 2021, Sikkim-basedsells authentic food products sourced from Northeastern states across India. The ecommerce platform is the second major startup founded by serial entrepreneur Rewaj Chettri.
A 2018 Forbes Asia 30 under 30 fellow, Rewaj — at the age of 19 years — had founded NE Taxi — a tourist taxi aggregator in the region. Read more.
Bengaluru-based, launched by Abhishek and Santosh Dabke in 2019, aims to solve the problem of distribution.
The startup offers a plug-n-play integrated distribution platform for all FMCG brands. It is an AI (artificial intelligence) driven full-stack distribution startup that offers distribution-as-a-service (DaaS) to brands, and is building asset-light and tech-enabled distribution networks. Read more.
Before you go, stay inspired with…
“Leadership is about doing the right thing, even if it is going against a vast number of naysayers and mediocre people.”