Burnout is a growing issue, but what happens when you own your business and feel like you can’t take a break?
The World Health Organisation announced that, as of January 2022, “burnout” will be recognised as a medical condition. Their description defines burnout as “a syndrome conceptualised as resulting from chronic workplace stress that has not been successfully managed.” For business owners, entrepreneurs and even freelancers this stress is often concentrated. Taking time off to rest is recommended to help avoid burnout, but this is easier said than done when you own a business.
According to research from insurance firm Simply Business, almost one in 10 UK owners of small and medium-sized businesses (SMEs) have not been on holiday for five years. The survey revealed that for around 62% of business owners, it’s financial worries that stop them from booking a break. 61% said they have to deal with emails even when on holiday, and one in 10 say they worry their employees wouldn’t carry out their work effectively while they’re away.
As these results show, worries about money and work not being done by employees are key contributors to business owners not wanting to take time off.
Outsource
If you can afford to outsource, this is a great way to lighten your load. If you can’t hire other team members yet, consider virtual assistants.
Plan ahead
Automate where possible. If you know taking time away from your business has a knock-on effect on your income, planning ahead is essential.
Feeling overwhelmed with stress is a sign that something needs to give. It may be that you just need a break, or it could be a sign for you to re-think your business model to relieve some pressure.