Burnout creeps up on you like the Dementors of Harry Potter fame. You may not see it at first, but it slowly takes over and, when it hits, it can devastate your body, mind, life, and business. Burnout can destroy even the strongest businesses and the best business owners. On The Money Show with Bruce Whitfield, Pavlo Phitidis discusses ways you can identify, prevent, and manage burnout as a business owner:
If you’ve read any of the Harry Potter books, or watched any of the movies, you’ll be familiar with the Dementors. The Dementors suck the hope out of characters in the series, leaving them feeling listless, tired, and despondent. Unable to identify exactly what’s making you feel this way, you end up disillusioned, unable to focus, and – seemingly suddenly – you’re completely adrift. Burnout works much like the Dementors and business owners are at high risk for burnout. As a business owner, you’ve invested passion, energy, time, and money, into your business, often forsaking financial safety nets, and putting your personal life on the line, to build your business.
Burnout begins to manifest through negative thinking and forecasting. As a business owner, you’re an optimist – if you weren’t, you would not have started your business. Burnout manifests slowly, and then speeds up, to the point where you may feel you can’t even get out of bed in the morning. When negative thinking starts to creep in, you may find your creative abilities falter, and you pay less attention to the tasks in front of you. You care less than before, and standards start to slip within your business. You may find yourself apportioning blame to people or circumstances when things go wrong, rather than trying to own and solve problems. You may find yourself battling to lead your team, and your willingness to fight for your business diminishes. Physically, your body starts to react, with interrupted sleeping patterns, sudden weight loss or gain, and your energy levels plummet.
Staving off the onset of burnout is important for you as a business owner. You may have numerous personal strategies for managing your energy levels, to ensure that you’re able to keep going, no matter what. But, safeguarding your business from burnout is vital, so that you can keep growing and building, no matter what. Build your business to be burnout-proof by: