Entrepreneurs don’t talk enough about mental health. This is the year we should change that.
Tag Archive for Mental Health
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Avoid stress and burnout with these six healthy habits: infographic
by Partner Content • • 0 Comments
Originally written by Partner Content on Small Business
From keeping on top of admin to generating sales, balancing the books and looking after staff, it can feel like there’s always something that needs doing when running your own business. This pressure makes all SME owners at risk of suffering from burnout and extreme stress.
In fact, our research at The UK Domain found that 71 per cent* of small business owners have experienced stress in the workplace in the past year, with 26 per cent* of respondents marking juggling business and personal commitments as a major cause of stress. Other factors of stress were time pressures (24 per cent), staying on top of business administration (21 per cent) and concerns over Brexit (8 per cent).
There are, however, some small and simple steps you can take as a small business owner to help you reduce stress, avoid burnout and operate at your peak performance. These steps can be categorised into six healthy habits and are the focus of our latest infographic, which you can view below. We’ve also shared some interesting statistics for each, from how exercise and sleep can stop us getting ill to the impact diet and alcohol can have on our mental
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Experts warn about how many minutes a day are enough to get depressed when browsing social networks
by Entrepreneur en Español • • 0 Comments
Data were released on an investigation that will make you reflect on the amount of time you spend on social media.
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There Are Three Entrepreneur 'Personas,' But Only One Can Thrive
by Dan Murray-Serter • • 0 Comments
As we move forward, leaders who are open about mental health struggles will create companies where fewer people fall through the cracks.
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Small business owners reveal how they’ve handled mental health and COVID-19
by Anna Jordan • • 0 Comments
Originally written by Anna Jordan on Small Business
This year has been tough for small business owners – not only have they had to deal with the normal challenges of running a business, but they’ve also had to tackle the hardships that have come with COVID-19.
We’ve joined up with the UK Domain to discover just how these entrepreneurs have been feeling.
COVID-19 and its effects on small business owners
While we were looking into wellbeing, we wanted to understand how COVID-19 has impacted small businesses.
The pandemic has touched all areas of life: health, family, lifestyle and, in a significant way, business.
When we asked you, just shy of half (48 per cent) said that COVID-19 has had a ‘severe impact’ on their small business while 35 per cent said it has had a ‘major impact’. A tiny two per cent said that it has only had a ‘minimal impact’.
As we all know, the consequences of COVID-19 are vast, and this is reflected in our results. Most small business owners worried about adapting their business to these changing times (27 per cent). This was followed by the stress of supporting employees (18 per cent) and confusion over the help available (17 per cent).
Some respondents elaborated
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3 Strategies to Help You Create a Meaningful Work-Life Balance in the Midst of Covid-19 Chaos
by Ann Peck • • 0 Comments
It’s no surprise that the pandemic is taking a toll on our physical and mental well-being. These tips can help.
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This Entrepreneur's Story Shows the Frightening Link Between Financial Insecurity and Mental Health
by Cheryl Snapp Conner • • 0 Comments
Research is clear on the correlation between financial well-being and mental health. Ivan Anz experienced this first hand.
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Entrepreneurship Was Tough Before COVID-19. Now It's Testing Founders' Mental Limits.
by Jocelyn Kung • • 0 Comments
As the pandemic continues, founders and CEOs are expected to prioritize their employees’ wellbeing. But what about their own mental health? Here are five ways for leaders to stay sane.
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One in 10 small business owners contemplating suicide
by Timothy Adler • • 0 Comments
Originally written by Timothy Adler on Small Business
One in 10 small business owners in Britain are considering suicide, according to their accountants, in their latest snapshot of SMEs.
Eleven per cent of small business owners are thinking of ending it all, overwhelmed by the coronavirus pandemic, while 78 per cent of SME owners have worse mental health, according to research from chartered accountants’ group ACCA and The Corporate Finance Network (CFN).
And 89 per cent of accountants say that their small business clients are generally under more stress.
>See also: Nearly half of small businesses do not intend to repay government loans
The ACCA survey shows how the coronavirus pandemic has affected small business owners’ mental health, driving many of them to consider suicide. On top of spiralling debt and a cratered economy, many independent retailers have the prospect of the next quarter day commercial property rental payment looming on June 24, despite their shops not having been open for the past three months.
Thousands of small businesses say they are firefighting immediate concerns such as cashflow pressures and resuming operations safely ahead of lockdown lift.
The biggest three fears of small businesses, according to their accountants, are being able to manage cashflow pressures, implementing social