Small Business Focus, Evergreen Content

How to avoid business owner burnout (or how to overcome it if it’s too late)

Most people burn out at some point in their lives.

For business owners, burnout is an ever-present danger, if they aren’t careful.

The first - and often most difficult - step to escaping and overcoming burnout is identifying it.

The Money Show’s Bruce Whitfield interviewed Aurik Business Accelerator founder Pavlo Phitidis, who answered a number of questions:

  • What is “burnout”?

  • How does it happen?

  • What are the costs associated with burning out?

  • What are some strategies to avoid burnout?

For more detail; listen to the interview in the audio below (and/or scroll down for quotes from it).

Burnout… you start to see, forecast and attract negative things… You feel you can’t get out of bed.

Pavlo Phitidis, Aurik Business Accelerator

The idea that you can have a balanced life, and achieve on a global level, it doesn’t exist…

Pavlo Phitidis, Aurik Business Accelerator

When you start letting standards slip; that’s an indication [of burnout].

Pavlo Phitidis, Aurik Business Accelerator

I do martial arts… You have no choice; if you are driven… It’s not about drawing back; you’ve got to figure out a way to live with it…

Pavlo Phitidis, Aurik Business Accelerator

Burnout typically happens in the start-up phase… They chase every single deal… Try to get the business simplified… Focus is a great contributor to anti-burnout… If you don’t build systems… you will burn out…

Pavlo Phitidis, Aurik Business Accelerator

Enjoy The Money Show, but miss it sometimes?

Get the best bits emailed to you daily, right after it ends:

Subscribe to our mailing list

* indicates required

Get the 10 most-read articles of the week from Bruce Whitfield’s The Money Show, emailed to you every Friday morning:

Subscribe to our Business Wrap Newsletter


Recommended

by NEWSROOM AI
Read More
Terror grips US markets as CNN Money's Fear & Greed Index reaches extreme levels

Terror grips US markets as CNN Money's Fear & Greed Index reaches extreme levels

The Money Show’s Bruce Whitfield interviews Schalk Louw, Portfolio Manager & Strategist at PSG Wealth Old Oak.

Electric scooters - transport revolution or fad? It's probably both

Electric scooters - transport revolution or fad? It's probably both

You might not look good, but you will have fun, and you won’t be using a car.

Alcohol and other drugs bring home the bacon for Spar

Alcohol and other drugs bring home the bacon for Spar

The Money Show’s Bruce Whitfield interviews Spar Group CEO Graham O'Connor.

Discovery Bank takes on Capitec Bank, TymeDigital (Patrice Motsepe), Bank Zero

Discovery Bank takes on Capitec Bank, TymeDigital (Patrice Motsepe), Bank Zero

South Africa has a brand-new bank! The Money Show’s Bruce Whitfield interviews Adrian Gore, Discovery Group CEO.

[Live, real-time experiment] Find out which food delivery app is SA's best

[Live, real-time experiment] Find out which food delivery app is SA's best

Andrew Ross of Chaos Theory experiments on-air to see which food delivery app is the best one to use.

SA is falling in love with Telkom Mobile (6.5m users, 50% up on 6 months ago)

SA is falling in love with Telkom Mobile (6.5m users, 50% up on 6 months ago)

The Money Show’s Bruce Whitfield interviews Telkom Group CEO Sipho Maseko.

Popular articles
Thandeka Gqubule prepared to fight EFF to the end

Thandeka Gqubule prepared to fight EFF to the end

SABC Journalist and part of the SABC 8 Thandeka Gqubule says she has not had any communication from the EFF.

[LISTEN] 'If you accuse, you must present some sort of preliminary evidence'

[LISTEN] 'If you accuse, you must present some sort of preliminary evidence'

Laywer Tebogo Malatji gives an update on Wednesday's meeting between Minster Pravin Gordhan and PP Busisiwe Mkhwebane.

Discovery Bank takes on Capitec Bank, TymeDigital (Patrice Motsepe), Bank Zero

Discovery Bank takes on Capitec Bank, TymeDigital (Patrice Motsepe), Bank Zero

South Africa has a brand-new bank! The Money Show’s Bruce Whitfield interviews Adrian Gore, Discovery Group CEO.

De Vos: Mkhwebane went against Public Protector's Act in subpoenaing Gordhan

De Vos: Mkhwebane went against Public Protector's Act in subpoenaing Gordhan

Prof Pierre de Vos says that Advocate Busisiwe Mkwhebane's pursuit of Pravin Gordhan is legally flawed.

Callers debate Mashaba arresting a man wheeling cow heads in Joburg CBD

Callers debate Mashaba arresting a man wheeling cow heads in Joburg CBD

Mashaba posted a picture of a man pushing a trolly full of cow heads saying that he had him arrested for an "illegal act".

[WATCH] Pupils dance to music made from a street pole in a true Mzansi way

[WATCH] Pupils dance to music made from a street pole in a true Mzansi way

Tech guru Jonathan Khabazela Fairbairn explores some most popular videos being shared on social media.

SA is falling in love with Telkom Mobile (6.5m users, 50% up on 6 months ago)

SA is falling in love with Telkom Mobile (6.5m users, 50% up on 6 months ago)

The Money Show’s Bruce Whitfield interviews Telkom Group CEO Sipho Maseko.

Self-driving Merc returns to Chapman’s Peak to beat the bends in stirring new ad

Self-driving Merc returns to Chapman’s Peak to beat the bends in stirring new ad

The Money Show’s Bruce Whitfield interviews branding and advertising expert Andy Rice about Merc's stirring new ad.

#DataMustFall! Meet Rain CEO Willem Roos... he is making it happen

#DataMustFall! Meet Rain CEO Willem Roos... he is making it happen

The Money Show’s Bruce Whitfield interviews Rain CEO Willem Roos for his weekly “ShapeShifter” feature.