Without a doubt, mindfulness continues to rise as a billion-dollar industry. No wonder many CEOs, senior executives, and entrepreneurs are getting into the groove of office meditation as a way of practicing mindfulness while doing business. But apart from this, why do many successful entrepreneurs embrace mindfulness as part of their daily regimen?

Practicing mindfulness, or the state of being deeply aware or focused on the present moment and wholly accepting it without judgment, regret, or prejudice, is known to be the secret ingredient to success in many business successes. A key element in happiness and compassion, mindfulness benefits come three-fold: physical, mental, and emotional. It helps to relieve stress, improve sleep, and alleviate various health, mental and emotional issues.

Cultivated through meditation by way of repeating a “mantra”, the body and mind are systematically being placed at the center of your being to focus on matters at hand. Some make use of instructional videos and books while others listen to MP3 or recordings. There are also those who enroll in support groups and bring such practice into their daily grind to stay motivated and in control of the moment.

As an entrepreneur, you will be constantly bombarded with highly stressful situations in both your personal and professional dealings. Stress management will be an integral part of your day—and mindfulness meditation can deliver the following benefits to ensure success in your chosen endeavor:

1. Mindfulness helps build resilience and boost performance even when under stressful situations. Entrepreneurs are often under duress due to the demands of their daily grind. Spending a few minutes of meditation will help keep their composure and find solutions to problems without growing panicky.

2. Mindfulness enhances emotional intelligence, a salient element in today’s highly competitive market. Through mindfulness meditation, entrepreneurs strengthen their ability to control emotions particularly frustrations and anger. By boosting one’s EQ, entrepreneurs make more lucid decisions and build a much deeper relationship with their employees.

3. The creative mindset is further enhanced with mindfulness. Some of the greatest insights as well as innovative breakthroughs come when the mind is in a relaxed or more meditative state. Eureka moments often appear when the mind is more focused.

4. Practicing mindfulness meditation daily will easily put the mind into clear focus. With all the distractions entrepreneurs have to contend with day in and day out, the mind easily wanders into oblivion leaving a gaping hole in their psyche. Meditative mindfulness allows one to strengthen the ability to focus and boost memory and creativity in the process.

5. Relationship-building is another important aspect of mindfulness. This practice helps to enhance your sense of compassion and connection to others. This, in turn, develops a sense of mutual trust and respect essential to running a successful business venture.

Self-care, though often taken for granted, is essential in nurturing business success goals. Mindfulness is one way of taking good care of your well-being. Through constant practice, you can create that much-needed balance to become more productive and effective in both personal and entrepreneurial endeavors.