Have you ever felt overwhelmed by the pressures of running your startup? You are not alone. This is a common experience among entrepreneurs, and it was the focus of the first Cohort 7 #SCWomenInTech Masterclass: Mental Health for Startup Founders.
Balancing the demands of running a startup with maintaining personal well-being is a challenge that many founders face. It is not just about managing a business; it is about managing yourself, too. According to Forbes Africa, at least 42% of African startup founders report experiencing mental health challenges, with stress, anxiety, and financial pressure being the primary culprits. These numbers highlight a growing concern in the entrepreneurial community, where the pressure to succeed often overshadows the need for self-care.
Our Women in Tech Masterclasses are designed to support female entrepreneurs by providing them with practical tools and a strong, supportive community. The first session focused on the critical role that mental health plays in the entrepreneurial journey. It was a powerful reminder that success is not just measured by business metrics but also by how well we take care of ourselves along the way.
Margaret Oyugi, Founder of Procare Medical Center, shared her journey with mental health, offering valuable insights to the attendees. “As someone who has overcome mental health challenges, I have learnt that mental fitness is crucial in building a business. Restarting is three times harder than starting, so a strong support system and early coping mechanisms are essential—seek help before a crisis hits.” Her words struck a chord with many in the room, emphasizing the importance of mental resilience in the face of entrepreneurial challenges.
Moderated by Nancy Kihara M, Founder of Myafya Africa, the panel included Joshua Oyengo, Head of Health and Safety at Standard Chartered; Dr. Venus Kyengo, Founder of The MyndSpa; and Margaret Oyugi. Each brought unique perspectives to the table, creating a well-rounded discussion on the importance of mental well-being in the startup ecosystem. Joshua underscored how maintaining mental health is not just beneficial but crucial to the overall success of a business. Dr. Kyengo highlighted self-awareness and the need for community support, while Margaret spoke about the power of resilience and the value of a strong support network.
Here are some key takeaways from the session:
- Set Boundaries: It is essential to balance work and personal life to avoid burnout. Setting clear boundaries can help prevent the lines from blurring too much.
- Seek Support: Do not hesitate to reach out to mental health professionals or join support groups. Surrounding yourself with people who understand what you’re going through can make a big difference.
- Practice Self-Care: Incorporating activities that recharge you—whether it is exercise, hobbies, or simply taking time to rest—should be a non-negotiable part of your routine.
- Stay Connected: Building a network of fellow entrepreneurs and mentors can provide not only business advice but also emotional support during tough times.
- Be Realistic: Set achievable goals and take the time to celebrate your progress, no matter how small. This can help maintain a positive mindset and reduce stress.
As entrepreneurs, it is easy to become consumed by the hustle, but it is vital to remember that mental health is a key component of sustainable success. A big thank you to our speakers, panelists, and everyone who participated in this insightful discussion. Let’s continue supporting each other and prioritize our well-being as we navigate the entrepreneurial journey together.
By @iBizAfrica Incubation Centre, Strathmore University.