5 Ways the Small Business Owner Can Avoid Burnout
Business burnout! You may not know you are suffering from it – until it’s too late. Burnout slowly appears even if you are passionately pursuing your entrepreneurial dream. Don’t let it smolder – take one (or more!) of these 5 steps ASAP.
- Keep yourself healthy. If you’re run down, you’ll burn out faster. Make sure you get enough sleep, eat right, exercise and de-stress on a regular basis. It sounds simple but small business owner’s limited time leads to limited time to take care of yourself! Even if you think you have no time for exercise, look at exercise as a return on investment. Studies have shown that entrepreneurs who practice cardio exercise have higher sales than those who don’t. You don’t need to invest in costly equipment or a gym membership either. A simple powerwalk around the block at lunch or after dinner is effective and gives you a mood boost.
- Take weekends off. Fatigue costs more than $136 billion per year in health-related lost productivity; 84% of those costs due to reduced performance at work. Is working on your day off really worth it? Unplug from technology and truly enjoy time off – no matter how short that time off is. We all need to take time to relax, refresh and replenish. Don’t keep pushing yourself – your employees and your family will thank you.
- Delegate. Entrepreneurs are notorious for “doing it all” but that can lead to burnout quicker than anything else. Hand over tasks to skilled employees, freelancers or vendors that support your business objectives. Before you begin to delegate, start tracking all of the information, knowledge and processes that make your business run well. But having comprehensive and clear documentation is essential in order to delegate effectively and feel good about handing over those tasks.
- Stop multitasking. We all do it – Texting while walking, sending emails during meetings, talking on the phone and doing paperwork. Researchers are now finding that multitasking isn’t the answer to getting everything accomplished. It’s actually slowing you down. It can take you longer to finish multiple projects when you’re jumping back and forth than it would to finish each one separately.
- Establish goals to help set your small business priorities. Rather than focus on a to-do list, prioritize your day based on the actions needed to achieve your business goals. Being goal-oriented, not time-oriented, eliminates unnecessary actions and helps you achieve much more.