When you have your own business and it is successful it takes over your life. As the business grows it takes more and more time. When you are in business a commitment to work long hours is a given. As you struggle to continuously build and grow your business, be aware of feeling overwhelmed and consumed by the business. It’s critical to take time off even a personal day to rejuvenate yourself. It gives you time to think about things without the stress of the day to day business. New ideas will come to you when you are away and have an opportunity to look at other businesses similar to yours in other cities and countries. Consider taking courses or seminars to enhance your skills and expertise that can be implemented to make the business more manageable and efficient. Send employees to courses and seminars to enhance their skills which will empower them. It is a perk that will be well worth the investment.
A problem many business owners face is the fear that something will go wrong when they are away and that their employees will not manage the business as well. With so much to take care of, how can an entrepreneur ever relax?
According to a survey conducted by American Express, 40 percent of the smallest business owners—those with less than $200,000 in annual revenues—plan no vacation time whatsoever in any given year. And even those who do get away regularly check in with their office and worry about the business and all the things that can go wrong.
In many cases business trips end up being the vacation. It is never relaxing and when the entrepreneur comes back to the office the work is piled up and catching up takes days.
Despite these concerns, you can schedule a revitalizing getaway with some careful planning. For example, empower those in charge with your major concerns and allow them to make decisions. In addition, offer a list of professionals that can be contacted for advice, if necessary.
Learning to delegate responsibilities is vital if you want the business to run efficiently when owners are away. Another option may be to close for a few days and allow everyone time off. A few days or a week during a slow time may be the solution to an entrepreneur that does not feel their employees are capable of running the business effectively in case a critical decision needs to be made.
Other ways to avoid business owner burnout is to never be alone in decisions, always ask for help from other professionals including SCORE Counselors with the expertise that you need. You can also talk to competitors in other parts of the country or within the trade association that you are a member of to come up with new ideas and ways to deal with business issues. Always make sure that your family supports your hard work and understands the time it takes to run a business. The harder you work the luckier you get. Balancing life and work is essential for your mental health and wellness.
For more small business management ideas, contact SCORE “Counselors to America’s Small Business.” SCORE is a nonprofit organization of more than 10,500 volunteer business counselors who provide free, confidential business counseling and training workshops to small business owners. New Haven SCORE is located at Gateway Community College Call 203-865-7645 for an appointment or online at www.newhavenscore.org.