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Hazards of Being an Entrepreneur while Managing Elderly Parent Care

Hazards of Being an Entrepreneur while Managing Elderly Parent Care

May 22, 2023
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Posted by Marcelo Bermudez

My wife and I care for my parents in our home.

Dad passed away in early 2022.

Mom turned 87 last month, broke her second hip, and has #dementia.

Besides dealing with the non-sensical conversations, the unearned insults, and the hands-on hygiene care that comes with being bedridden,

If you’re not careful, elderly parent care can rattle your confidence and make you feel like a mediocre businessperson.

Here’s how I avoid going into a mental spiral: How I think determines how I feel and behave.

Over the last few weeks and because of my elder care responsibilities, I have:

  • rescheduled appointments more than once with a hot prospect,
  • missed phone calls from existing clients and prospects, and
  • failed to hit my business development metrics to ensure a stable business pipeline.

These are the “shit happens.”

Because I am a high achiever, I measure my worth by results – an irrational thought.

I have thoughts about those ‘failures’ and experience emotions based on those thoughts.

I respond to those thoughts and feelings with behaviors – getting angry with myself or barking back to my spouse or kids – another big mistake.

I choose to lap swim or go hiking.

I use three rational questions to get out of my irrational loop:

  • Is my thought based on fact?
  • Does my thought help me achieve my goals?
  • Does my thought help me feel the way I want to feel?

Two out of three “no’s” means you are irrational.

There is nothing wrong with using this cognitive behavioral therapy (#CBT) technique multiple times daily.

How do you keep yourself in check when shit happens? Drop it in the comments!

Want to watch a funny story? Here’s more about an experience with dementia I had with my parents:

https://www.youtube.com/watch?v=PFkUcXI4nQk

If you enjoyed it, like and subscribe to my channel.

 

Marcelo Bermudez

Capital and Strategy
Marcelo Bermudez is the CEO of Shōkunin, a commercial real estate and business capital and strategy advisory firm.

As a strategist, keynote speaker, and mediator, he helps owners and investors unlock value and achieve their business and financial goals.

With hands-on experience managing businesses and navigating complex commercial real estate transactions, Marcelo understands the challenges of growth, restructuring, and successful exits.

He works closely with his clients to deliver practical solutions and drive results.

   
   
Hazards of Being an Entrepreneur while Managing Elderly Parent Care