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5 Strategies for avoiding ‘Business Owner Burn Out’ or BOBO

Michelle is in tears during our first mentoring session. “I’m just so tired” she says, her voice wavering. “I have tried everything, and I’m working so hard but nothing seems to be making a difference. I never thought running my own business would be so hard.”

Sadly Michelle is experiencing BOBO – Business Owner Burn Out. This is something I see all too regularly with new clients, who are frustrated that there is little correlation between their effort and results.

BOBO is a dangerous place to be for any business owner, especially those in the first few years of their business. It can be at this stage that they decide ‘it’s simply not worth it’, and decide to cease trading and look for a job.

I’ve been there myself – and I know what a dispiriting place it is. Over my 12 years of business ownership in the coaching space, I have had four major changes of direction. In the early stages of these changes, typically the results come in slower than I would like, and my commitment wavers. Then I know I need to do some adjustments, internally and externally, and pull myself out of the burn out phase.

So how do you know you are experiencing BOBO?

Do any of these seem familiar?

  • When you open your email inbox, your heart sinks, as you see so many new messages which instead of representing possible opportunities, represent more toil
  • You have a list of prospects you need to call to follow-up, but they remain uncontacted, yet you are not quite sure why
  • Your long to-do list remains uncompleted and adds to your feeling of overwhelm
  • Thinking that doing more new things, marketing, and social media will grow your business, you try anything and end up working longer hours learning and implementing these new ideas
  • Your initial passion for the business has waned, and you have a take it or leave it attitude

No one likes to pour their heart and soul into something with little reward. Doing this depletes your precious reserves of energy and motivation.

If you feel you have BOBO, or maybe you’re veering dangerously close, try these strategies to reinvigorate your commitment to your business.

STOP

Stop and take stock. Be honest with yourself. Ask yourself “what am I resenting about my business right now?” Is it the long hours, late payments, ungrateful customers, or???

Identify one or two elements that agitate you the most, and resolve them. For me, it was working too many late nights as I grappled with global time zones. So I set firm time boundaries for myself, and then I felt more balanced and in control.

NOURISH

I have said many times that ‘you are the most important asset in your business.’ If you don’t exist, nor does your business. Do you need to take a break from your business to rejuvenate and regain perspective. Consider stopping for two weeks. Put your out of office email message on, outsource where you can. This may seem an extreme move, but from my own experience and that of my clients, absence can truly make the heart grow fonder!

FOCUS

Being able to do so much of our own marketing, web building, social media, book-keeping etc, is both a blessing and a curse. So many new tools to learn, social media networks to master and build a following. This new activity, and the many related tasks can easily make us feel scattered.

Take some time out, and review what you want to focus on. Instead of trying to do it all now, focus on those two things you know will have the most significant impact on your business now. Revisit the rest when you feel you have got the results to regain your business momentum.

SUPPORT

When I researched 300 Corporate Crossovers, the thing they missed most about their jobs was the ready-made support network provided by colleagues.

When you start your own business, very rarely do you have a support structure in place. Feelings of isolation, being in a feedback vacuum, and having no-one to bounce ideas off can diminish even the highest levels of enthusiasm.

Investing time and energy to find people to support you in your business will pay dividends. Whether you join a networking group, find some other local business owners or employ a business mentor-coach; seek the support out. Having that feedback, and positive reinforcement will fuel your motivation.

SUCCESS SHOWER

Our mind-set is our biggest business tool. If we are thinking that the business is moving forward, and find proof for that, our optimism and energy rises. We then seem to see more opportunities and our commitment is rejuvenated.

What I’m recommending here, isn’t a fluffy, unproven new age technique but rather a quantitatively proven study from prominent psychology gurus.

To shift your mindset and start thinking more optimistically, give your self a daily success shower. It’s easy and quick!

Just take five minutes at the end of each day to reflect – write down three things that have gone well – big or small. Over time you will have a collection of successes that you can turn to, and will realise just how much you have achieved, which is perfect for boosting your flagging spirit.

Business Owner Burn Out is far too common, and if you feel you are on the way, I urge you to implement at least one of the five steps above.

Take some positive action to rejuvenate your business passion again!

How do you cope with burnout – or stopping it from happening? Let me know in the comments below.

Photocredit: deathtothestockphoto.com

Share this article if you found it useful! And leave a comment in the box below. We hope to connect with you soon.

About Wendy Kerr

With a 20-year career in multinational blue chip organisations, Wendy has specialised in creating and launching new businesses around the world with companies such as Apple, FT and Intuit. A Corporate Crossover herself, Wendy left her corporate career to create a successful 6 figure coaching and consulting business, running it from London and Tokyo. Her company, Corporate Crossovers®, enables women wherever they are in their journey of leaving their job to start their business successfully, providing them with workshops, tools, and mentoring. For details on her new Accelerator Academy, designed to help you grow your business, click here. You can contact Wendy via her website and social icons below!

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7 comments

  1. Wendy, we are such a DIAMOND..I could feel my posture change as I read (My back is much straighter now…) your Blog..Huge words of wisdom!

    Thank You! B x

  2. Sorry..meant to say ‘YOU’ are such a Diamond..but may be we all ARE for keeping going Freudian Slip! Ha B x

    • Dear Bev,
      Thanks for your comment – and you are so spot on about ‘all of us being diamonds’….when you have your own business you are constantly creating something out of nothing……the energy, passion and resilience to do this again and again is massive!
      How is your success shower going? 😉
      Wendy

      • I’m afraid ..my ‘success shower’ is non existing..but will start one tonight! I feel we are all so hard on ourselves.. love your advice…I can’t get over how dynamic and fluid a Business is..I feel on a very basic level we must reflect …as this process is the ‘oxygen’ , to ensure we have a ‘fresh’ approach .. we need .to be psychologically strong to adapt to envitable change of any Business! Thank You so much! Bx

        • Hi Bev,
          Our business evolves as we do – my busienss now compared to when I started it 12 years ago is massively different, because I am…thankfully 😉 And I know for sure, that even in 12 months my business will have changed again. When I interviewed the 50 Corporate Crossovers for my first book, one of their common themes for success was ‘flexibility’ – listening to the market, making changes and adapting. It’s not about making change on a whim, but based on a good read of the market, and oneself.

  3. Very good blog! As a person who travels worldwide teaching and writing I felt your last tip ‘the success shower’ was an excellent one.

    Thank you. L x

    • Dear Lorraine,
      Thank you for taking the time to comment – I love the success shower, it is so simple yet effective. I know it works, not just based on what my clients say, but when I DON’T do it, and that one day becomes weeks (yes, i do slip!) I feel the difference.
      Safe and successful travels in your work….
      Wendy

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