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.
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:
Get the 10 most-read articles of the week from Bruce Whitfield’s The Money Show, emailed to you every Friday morning:
Income or equity – what is the difference?Read More
Positioning your business for success - what does this phrase even mean?Read More
These business concepts get a thumbs down.Read More
The Money Show’s Bruce Whitfield interviews Nic Haralambous, founder (at the cost of R5000!) of funky sock company Nic Harry.Read More
Pavlo Phitidis (founder of Aurik Business Accelerator) advises on turning your business into an asset of value.Read More
Small business expert Pavlo Phitidis discusses his book "Sweat, Scale, $ell: Build Your Business into an Asset of Value™".Read More
Small business guru Pavlo Phitidis shares shocking anecdotes and advises business owners on how to address this challenge.Read More
Small business guru Pavlo Phitidis gives advice on how to set prices without emotions getting in the way.Read More
Small business owners are constantly approaching Pavlo Phitidis for advice on selling so they can emigrate.Read More
Three growth strategies – aggressive, defensive, passive - dominate. Your history drives your choice, says Pavlo Phitidis.Read More
Saving money on boring stuff such as a car can allow you to do really outrageous and courageous stuff, says Sam Beckbessinger.Read More
'Marketing' is not 'sales'. It’s not noise. It's a science, and you must get it right, says Pavlo Phitidis.Read More
The Money Show’s Bruce Whitfield interviews Morbee about his attitude to money (hopes and fears, successes and failures, etc.).Read More
Small business guru Pavlo Phitidis on the basics of building a resilient business. He gives clear guidelines for getting it right.Read More
Bruce Whitfield interviews Phillip Retief, CEO at Van Loveren Vineyards, the origin of the SA's top-selling wine, "Four Cousins".Read More
Bruce Whitfield interviews Darren ‘Whackhead’ Simpson about his attitude to money (hopes and fears, successes and failures, etc.).Read More
The Money Show’s Bruce Whitfield interviews athlete about his attitude to money (hopes and fears, successes and failures, etc.).Read More
About 20% of every rand spent in South Africa goes to informal stores, mostly foreign-run. GG Alcock on his book “KasiNomics".Read More
Bruce Whitfield interviews Williams about her transformative business delivering quality cookies to hotels and Pick n Pay.Read More
The Money Show’s Bruce Whitfield interviews small business guru Pavlo Phitidis, founder of Aurik Business Accelerator.Read More