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Business Best Practices to Avoid the Burnout Trap

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Business Best Practices to Avoid the Burnout Trap

In this article, Bernie Heine shares sensible reminders on how to avoid burnout as a business owner.

As a business owner, you enjoy the significant benefit of governing your work independently, including setting your own schedule. However, the current trend of a constant connection to work may not be as good for you as you may think. In fact, it’s likely to cause severe anxiety and weariness. Meeting clients’ expectations while managing various daily tasks involved in running a thriving enterprise can lead to burnout — a growing concern among workers and entrepreneurs alike. Luckily, you can avoid burnout as a business owner, however impossible that may sound. Although the line between working hard and too hard is thin, after reading this article, you’ll know just how not to cross it.

The depletion of mental, physical, or emotional resources characterizes burnout. It’s commonly referred to as the affliction of overachievers, and, as such, it’s an alarming issue in the contemporary, rapid-paced world. The latest research reveals a growing prevalence of burnout among entrepreneurs, with more than 50% reporting experiencing some symptoms that range from utter exhaustion and lack of focus to anxiety and depression. It’s common for individuals to start exhibiting one or two signs before gradually showing others.

Burnout is a problem that needs to be cut at its roots. Here are a few strategies to consider adopting to prevent it from escalating.

#1 Learn How to Delegate

At all stages of growing a business, many leaders are challenged by relinquishing control and assigning responsibilities to others. This is something that proves especially difficult to solo entrepreneurs as, to them, a business is like a child whose care they have never before entrusted to someone else. But, just like it’s normal to have a babysitter or a grandparent cater to the little one’s needs from time to time, obtaining assistance from others business-wise is essential. One way to do so is by hiring new staff and outsourcing duties as soon as possible.

For example, an entrepreneur starting a new agency should prioritize acquiring new clients rather than handling accounting matters. In this situation, delegating tasks to a bookkeeper or accountant can significantly reduce their workload. Over time, as that same agency grows, this business owner won’t be able to handle the clients on their own. They’ll require assistance in client management, meaning they’ll need to hire and train even more staff. And while hiring that first employee can be intimidating, seeking help for your business is vital before it’s too late.

 

Key points include:

  • Delegating tasks
  • Consistent schedules
  • Preparing to take recharge time

Read the full article, How to Avoid Burnout as a Business Owner, on ProfessionalBusinessCoaches.com