Preventing business owner burnout
It’s tough going for business owners.
With the labour market tight, businesses are already understaffed. Add high rates of absenteeism, and remaining workers and business owners are under incredible pressure.
When you love your job and always want to do the best for your clients, it’s easy to start overworking yourself and run the risk of burnout.
It’s vital that you take care of yourself.
So here are three ways to start preventing business owner burnout:
1. Start saying ‘No’
Small business owners are experts in saying ‘Yes!’ and then figuring out the details later.
It’s how you grow a small business and build your reputation for being able to solve problems for your clients. However, if you’re overworked and stressed out, it’s time to start saying ‘No’.
Begin by turning down work from difficult clients, or work that’s outside your core business, so you’re focused on where you add the most value.
2. Identify at least one area you can delegate or outsource
You can’t do everything yourself, particularly if you’re understaffed.
Look at your processes and try to identify an area that’s not part of your core business which you can delegate or outsource. If you look after your social media, it might be easier to delegate this to someone else. Share the responsibility for office cleaning across the team. Or even subscribe to a meal kit service to take the stress out of cooking.
Plus, your bookkeeping and payroll are two areas that can easily be outsourced and you can always talk to us about this.
Usually, the cost of these initiatives will quickly pay for themselves: once you feel less stressed, you’ll be more productive.
3. Hold onto your interests outside work
Running a business can be all-consuming, but hang onto your friends, sports and hobbies even when it gets busy.
Letting your relationships, health, and pastimes dwindle away will undermine your emotional, physical, and mental health.
We can help
Not sure if outsourcing tasks will pay for itself?
We can work with you to analyse the costs and benefits of any business investment. And we can take on your bookkeeping and payroll. Get in touch, we’d love to hear from you.