Categorized | Business

Avoiding Burnout

Avoiding Burnout

By Tom Irmen

Is it actually possible to launch and build a successful small business and avoid owner burnout?  Probably not, especially if you’re new at entrepreneurship.  And avoiding burnout can become even more difficult if your small business takes off faster than you might have imagined.  You’ll often feel like the butcher, the baker, and the candlestick maker.

Small business burnout can negatively impact your health, your family life, and ultimately the very success of your company.  You may find yourself missing meals, eating fast food, putting your social life on hold, exercising less, you name it.  The impact to your well-being and the well-being of those around you can suffer to a level where the price you’re paying for your much hoped for success may be far too high.

Would-be entrepreneurs are wired differently. Because each of us are so very different, it’s not always easy, or even prudent, to offer advice to those that have chosen small business ownership as a career, but here I go anyway.

Small business ownership isn’t for everybody.  Seek the advice of successful entrepreneurs before you leap.  You’ll require passion, discipline, humility, tenacity, vision, self-confidence, and the ability to manage fear – skill sets that not everyone possesses.  Just like being financially undercapitalized, being personally undercapitalized might prove to be an even greater obstacle to success than the lack of money.

If you have the financial and personal resources, the next step is to surround yourself with “pillar” people.  These are key people in your life that understand and embrace your small business endeavor and who will guide and encourage you along the way.  And just for the record, this exclusive club is a “no whining” zone.

Finally, it’s acceptable to make sacrifices along the way on your journey to success, but it’s never acceptable to disregard your well-being or that of your family’s. You’ll discover that success, in the absence of balance, is a hollow success at best.

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