Whether you’re a fan or not, Simone Biles turned the sporting world on its head at this year’s Tokyo Olympics. Read about the personal and business benefits of following in her footsteps.

When Simone Biles stepped out at this year’s Olympics, she was already world-renowned – with 24 Olympic and World Championship Gold medals under her belt. So, like most of us, you probably expected she’d be adding to this gold medal tally. But, what Simone did, went way beyond Gold. She stepped back from competition and openly and frankly highlighted her mental health struggles.

The response from the worldwide audience was immense – both positively and negatively. Simone chose to focus on the positive reactions and had a profound realization, tweeting: ‘The outpouring of love and support I’ve received has made me realize I’m more than my accomplishments in gymnastics’.

Simone Biles has paved the way for other elite athletes around the world to reflect on and focus on their mental wellbeing. But why stop there? What can Simone Biles’s extraordinary performance and courage at this year’s Olympics teach the biotech entrepreneur?

Being a biotech entrepreneur is stressful

There’s no doubt that being an entrepreneur has its challenges (you don’t need us to tell you that!). In fact, a study performed by King’s College London has looked into the impact of the COVID-19 pandemic on entrepreneurs worldwide. They surveyed over 5,000 people in 26 countries. They found that the pandemic had not just put a strain on entrepreneur’s businesses, but it has also led to a diminished sense of psychological wellbeing.

It’s not all doom and gloom

Fortunately, the same study also found that entrepreneurs are a resilient bunch, who are starting to recognize more and more the personal and business benefits of protecting and promoting mental wellbeing. Here are some steps you can take to support your psychological health:

1. Recognize your stress

We’re not saying you need to do this as publicly as Simone Biles did. But, take a moment to reflect and have an honest conversation with yourself. The entrepreneur lifestyle – as well as being very rewarding – can be much more stressful than that of an employee. And it can easily go unnoticed. Fortunately, recognizing stress is one of the first steps to conquering it.

2. Set aside some stress-free time

Everyone could do with this – and entrepreneurs are notoriously bad at taking time for themselves. It’s all too easy to take on ‘just one more hour work’, then ‘just one more’ until it feels like you have no time at all for yourself. It might seem like a good idea at the time, but research shows that entrepreneurs who value their psychological health are more innovative, have higher energy levels, and are even better at identifying business ideas.

Spend this time doing something that sparks joy for you – go for a short walk during the day, turn off email notifications in the evening and read that fiction novel gathering dust on the shelf, or just spend time with loved ones.

3. Don’t be afraid to lean on others

No man (or woman!) is an island. Reaching out to your support network of family, friends, and colleagues and having a chat about mental health is so valuable. Gone are the days when talking about psychological wellbeing is a sign of weakness. Simone Biles was able to recognize that her worth was separate from her extraordinary gymnastic achievements. And, likewise, you’re worth more than your business accomplishments alone.  

How can we help?

If all this seems like too much – if you’re thinking ‘there’s no way I can go for a short walk at lunchtime!’ – remember, you don’t have to do every little thing by yourself. There is help out there.

Here at Radyus, we pride ourselves on being an engaging, collaborative research organization. So, get in touch and see how we can help take the stress out of your day-to-day. We are passionate about business and personal health (like we said – you can’t have one without the other!). So let us free up your time so that you can spend valuable moments on your own wellbeing. Remember, you won’t just be investing in your business; you’ll be investing in the most precious commodity of all – yourself.

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