The monotony of work has a way of driving us into exhaustion. Wake up, work, eat, sleep, repeat. Eight hours a day for five days a week for fifty or so weeks out of the year. Even people with new, exciting jobs or varied tasks throughout the day will get burnt out on this schedule. Those that get lucky by finding their dream job seem better off, but they’ll eventually grow weary just the same.
Unfortunately, entrepreneurs experience this burnout more quickly and more often than most everyone else. Startups are extremely front-loaded in that they require a lot of money, time, and effort in order to grow their legs. A large amount of work must be done before profits, staff and efficiency can increase.
How can you tell if you’re getting burnt out running your small business? Of course there will be stressful work, but when is it too much and how can you reduce it? Jump to the infographic below to learn how to avoid burnout in your small business.
Some people have the mentality that the best way to do things correctly, or at least their way, is to do everything themselves. From an entrepreneur’s standpoint, taking on all the responsibility leads to feelings of burnout that can negatively affect your business. Loss of confidence and purpose mixed with increased cynicism curtails earnings and productivity. In other words, your small business will likely fail if you, the owner, aren’t wary of the signs of burnout and their effects.
It’s also important to watch for these telltale signs in your employees. If you’re motivated and your employees aren’t, your bottom line will still suffer. When you suspect people are beginning to feel burnt out, offer fun activities or incentives. Casual Fridays, work from home days, extra vacation time, physical activities and happy hours are some ways to promote creativity and excitement among your employees.
According to Fundera, there are six key challenges of running a startup that cause feelings of burnout. These are not mutually exclusive, that is, they can all be experienced at once unfortunately.
You’re funding your business using personal funds and little to no investors.
You’re marketing your business which is a full time job in itself.
You’re building a team and struggling to find the right hires.
You’re overwhelmed with work disrupting a healthy work-life balance.
You don’t feel a sense of direction so your morale drops.
You’re exhausted making everything ten times harder.
Many people feel one or two of these challenges on a daily basis. However, only small business owners are familiar with juggling all six at a time. Whether you’re dealing with one or managing multiple, your life is a lot harder than it needs to be. Remember, the point of work is so that you can live your home life as you please.
Work-life balance is something that is becoming more and more important in today’s fast-paced world. Workers who are exhausted want to come back to the things that are most important to them—friends, family, hobbies, and their health. When burnout is present, work-life balance is unattainable. That’s why it’s so important to avoid burnout. Remember to treat yourself like you would another employee, and give yourself space from your work to fully enjoy life.
If you’re struggling with feelings of burnout, there are ways to mitigate the emotional and physical burdens. This infographic from Fundera offers tips to lessen the strain of each complication and escape burnout.