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The Biggest Health Hurdles Entrepreneurs Face, and How to Combat Them

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The Biggest Health Hurdles Entrepreneurs Face, and How to Combat Them

Take a guess at the most significant health hurdles entrepreneurs face. Common assumptions might be high blood pressure from the ongoing stress of the job, or maybe obesity from being too busy to exercise regularly. However, you might be surprised to hear about the health data researchers have actually uncovered while comparing entrepreneurs with the rest of the population.

We think of being driven, innovative, gutsy, and self-sustaining as typical entrepreneurial traits. We know that it takes a special level of commitment and continuous learning to get a business off the ground and keep it there. So with all of this effort pointed in one direction, it stands to reason that entrepreneurs might have a tendency to neglect their health (along with a variety of other things in life) to pursue the growth and success of their business. However, one poll by Gallup seemed to suggest just the opposite pattern – entrepreneurs tend to be even healthier than other workers – at least in the physical sense.

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study by Louisiana State University revealed an interesting pattern in a town that was heavily populated by small businesses – Summit County, Colorado. They found that as small businesses continued cropping up around town, the health of the community as a whole improved. Obesity, diabetes, and mortality rates all declined steadily, ranking at less than half the national average.

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entrepreneurs health

    While they may have a decent hold over their physical health, multiple studies have suggested that mental health problems are more common for entrepreneurs, and may even run in their families. In particular, self-reported rates of depression, ADHD, and bipolar disorder were significantly higher for entrepreneurs, while anxiety was just slightly higher. Businessman, investor, and successful tv personality, Robert Herjavec admitted to People magazine that he felt suicidal after his divorce, showing how even the richest and most famous business owners were subject to severe mental health issues.

    When considering the fact that entrepreneurs tend to have more freedom and flexibility than the average worker, you can see how they might have more time for exercise and healthy meal planning. Success in business requires a take-charge attitude, which many entrepreneurs seamlessly apply to their workout and dietary habits as well. However, they also tend to have much greater levels of responsibility and have more difficult decisions to make throughout the work week. Thus, the taxing aspects of running a business seem to weigh on the mind more heavily than the body.

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    Bridging the Gap

    What can be done to balance the current gap in mind-body well being? For one, entrepreneurs can lighten their load by simply asking for more help and support. Not only will this relieve stress, but it has also been shown to have a positive impact on the growth of a business. A study by Xero showed that “about one third of successful business owners reported asking mentors or family members for assistance. Meanwhile, among those whose businesses failed, just 14% reported asking for help.” Releasing some of the urge to handle everything and be in control can help entrepreneurs delegate tasks to other employees and develop trust. It will also free up some much-needed time to recoup from work activities.

    Entrepreneurs can also be aware of any obsessive compulsive tendencies like ruminating, overworking, and maintaining extremely high expectations. Ask any entrepreneur if they’ve ever dealt with perfectionism during the course of a project, and you’ll likely see a smile start to form. Such habits were reported as being more common in business owners, who are often self-motivated achievers by nature. Scheduling mandatory breaks at the same time each day can help prevent entrepreneurs from feeling powerless to these ingrained habits. Planning ahead properly and knowing what to expect is a huge stress reliever – keep a calendar or a to-do list to stay productive at work. If employees and managers know their objectives and their work schedule is clearly defined, they have a better chance of success. By directing some of that intense focus toward relaxation, expression, and self-care, entrepreneurs can break the cycle of mental stress and burnout.

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    Featured photo credit: Ed Gregory/Stokpic via stokpic.com

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    Last Updated on January 13, 2022

    15 Best Places for Expats to Live (And Why)

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    15 Best Places for Expats to Live (And Why)

    Many of us dream of living abroad but can often be scared to make such a big change to our routine lifestyles and leave our home countries behind. Daunting as it may be, living abroad can be a rewarding and fulfilling endeavor and can give you the quality of life you have been looking for.

    From a warmer climate to a more easy going way of life, there are many foreign countries favored by expats who stay for a long time – and sometimes forever. Taking into consideration livings standards, opportunities and social aspects, here are our top 15 best places to live as an expat and why.

    1. Thailand

    A hot spot for expats, the ‘land of smiles’ as it’s commonly known offers expats a tropical climate, a huge array of sandy beaches and islands to explore, and a rich culture. The cost of living in Thailand is extremely low, and when combined with the friendly tax system means that disposable income can be very high.

    Bangkok, Thailand’s capital city, offers expats great employment opportunities.

    2. Switzerland

    Another popular destination for expats, Switzerland offers exciting employment packages and a high standard of living. It’s great for those who love the outdoors, as there are many beautiful lakes, mountains to hike in and skiing in the winter. The school standards for expats are also excellent, making it appealing for those with children. English is also widely spoken so day-to-day living can be stress free.

    Unemployment in Switzerland is low and expats moving here don’t need to worry too much about finding a job before they arrive.

    3. Australia

    Many foreigners who visit Australia don’t want to leave as it offers a great quality of life, beautiful beaches and a warm climate. Making friends in Australia is easy too, due to the lack of language barrier and the large number of expats who already live here. Australia is a great place to move to if you have children because of its wide range of schooling possibilities and recreational outdoor activities.

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    Low population levels and high quality of life are two of the main reasons expats choose Australia as a place to live.

    4. Singapore

    Expats in Singapore can benefit from generous financial packages, great career opportunities and low tax rates. Although education is expensive here, it is rated one of the top places for raising children abroad due to the quality of the education system and the array of schools.

    Public transport such as buses and MRT (Mass Rapid Transit) are cheap and very reliable in Singapore.

    5. South Korea

    South Korea offers expats a unique range of opportunities and a very different way of living. Jobs for expats are easy to find and usually very well paid, with apartments provided by the employer on the most part making living costs even lower. There are also many tight-knit expat communities in South Korea, making it easy to socialize and meet new friends. The excellent education system is also a pro for families wanting to move to this culture-rich country.

    South Korea has a cheap public healthcare system and offers great medical care, with most doctors speaking English.

    6. New Zealand

    New Zealand is constantly on the lookout for skilled workers to expedite to the country – especially those under the age of 30 – and skilled migrants can be granted a stay for up to five years. It offers a good climate and although income levels can be lower than other countries, quality of life is high, with its awe-inspiring scenery, low crime rate and state sponsored healthcare.

    New Zealand is great for those looking for a laid back and active outdoors lifestyle.

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    7. Canada

    Its national healthcare system, friendly locals and very high quality of life are just a few of the reason expats choose Canada as a place to live. It’s very welcoming to expats and skills shortages encourage foreigners to move here in order for the country to grow economically. It’s easy for expats to feel comfortable quickly in Canada due to its multicultural environment.

    Canada was largely unaffected by the economic crisis, making it a very popular country for expats.

    8. Qatar

    Qatar is becoming increasingly popular among expats with an estimated 500 new arrivals every day. The salaries are generous and are tax free too, making disposable income very high. Car and housing allowances are part of many remuneration packages, and education for your children and airfares are often included.

    The cost of living is lower in Qatar than in other UAE countries but salaries can still be just as generous.

    9. Hong Kong

    Where east truly meets the west, this bustling island has a population of over seven million people. If you’re looking for a fast-paced environment and an active nightlife, Hong Kong is definitely the place to be. Benefits for expats include its advanced healthcare system and elevated standards of schooling for children, along with great employment opportunities. The cost of living in Hong Kong can be high, so trying to negotiate a housing allowance with your employer can be beneficial.

    Hong Kong is great for those looking for high incomes and career advancement.

    10. Japan

    As an expat destination, Japan offers a rich culture and a chance to experience a very different day-to-day life. Currently around two million expats live in Japan, and in the larger cities such as Tokyo a large portion of the population speaks English. English speakers are also in demand and there are a large number of opportunities for language teachers, especially in the capital.

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    Japan offers a high standard of living for expats and a good education system for those with children.

    11. Spain

    Spain is a very popular destination for expats due to the high temperatures and year-round sunshine. EU residents don’t require a visa to work here, meaning the move can be a lot easier. Skilled foreign workers also continue to be in demand with jobs such as engineering, customer service, skilled trades and language teachers widely available.

    A huge 14% of Spain’s population are expats from a variety of foreign countries.

    12. Dubai

    Two of the main attractions of moving to Dubai are the tax-free salaries and the warm climate. Some of the most popular jobs for expats are in construction, banking, oil and tourism. You can also enjoy a busy social life in Dubai as the expat community is thriving. Although it can be an expensive country, the tax-free salary means you experience a higher quality of life than in other countries.

    You will need a work permit, residence visa and an Emirates ID card to live in Dubai as an expat.

    13. Germany

    Germany is one of Europe’s most populous countries, with around 82.4 million people. It’s a lively and inexpensive country to live in as an expat, and if you have children the education system is great and healthcare is to a high standard. An estimated 250,000 expats live in Germany currently, with the numbers rising every year.

    If you are already an EU citizen, you don’t need a visa to live and work in Germany.

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    14. The Netherlands

    The Netherlands is a great place for expats who love the outdoors. Cycling is one of the main modes of transport and looking after the environment is widely recognized. There are a lot of English speakers in the Netherlands too, but learning the language can work to your advantage and make day-to-day life that little bit easier. Skilled expats can also benefit from a tax-free allowance equivalent to 30% if they meet the correct criteria.

    It is often more important to be able to speak fluent English than to speak Dutch when looking for employment in the Netherlands.

    15. China

    China offers expats great employment opportunities with little competition. Those who embrace the culture and decide they want to live in China long term can see a host of employment opportunities as its economy is growing rapidly every year. Economists predict it will overtake the US as the world’s largest economy by 2018. China also offer expats low living costs and high disposable incomes, which is why many look to live here for a higher quality of life.

    Shanghai and Beijing are the most popular destinations for expats who live in China.

    Featured photo credit: Saulo Mohana via unsplash.com

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