Delegate, Focus, and GROW Your Business

Avoid Small Business Burnout

burnout

Small businesses are started for any number of reasons, but most entrepreneurs agree that they wanted to be their own boss and found a way to make a living doing something they already enjoyed doing. Starting your own enterprise, or finally being handed the reigns to a family business can require courage and sacrifice. This is expected, but over time, having to stress about every detail in your business can wear thin. If you find yourself in that situation, you might want to read this. As time passes, it may get tougher to cheer yourself up or create work/life balance. This could lead to long-term small business burnout, a condition describing the desire to not run your business anymore. Some owners close down their small business in order to work for somebody else so they can work fewer hours.

Before the damage is done…

There are ways to avoid burnout without leaving your business behind: As time passes, it may get tougher to cheer yourself up or create work/life balance. This could lead to long-term small business burnout, a condition describing the desire to not run your business anymore. Some owners close down their small business in order to work for somebody else so they can work fewer hours. There are ways to avoid burning out without leaving your business behind:

  • Surround yourself with great people – Many business owners feel like they should know how to do every aspect of their business well. Not only is this untrue, but it’s also dangerous for a company to limit their business only utilizing skills held by the owner. Don’t assume great people out there will need more pay or perks than you can hire them for. Allow them to help you build in the company and then reward as your business grows.
  • Delegate – Once you have a diverse group of skilled people around you, stop micromanaging every detail and let them do what they are good at and what you either don’t have the skills for or don’t want to do. Hiring a virtual assistant is an excellent way to do this economically.
  • Don’t fear mistakes – Many business experts feel that they learned the most from making mistakes. Allow yourself and your employees to embrace responsibility for mistakes by using them to learn and grow. Not fearing mistakes or failure can unleash incredible creativity and innovation and allow others to gladly bear some of your burdens. 
  • Time Management – Be realistic about how much you can accomplish in a day, and don’t set goals beyond it. Once your goals are set, try to pre-arrange a schedule that makes sense. Often times, by simply ordering your agenda differently, you can not only save time but utilize your sharpest times of day for more analytical tasks.
Posted on October 25th, 2019 by Client Advocate Team

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