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If You’re a Burned Out Entrepreneur There’s a Solution

If You’re a Burned Out Entrepreneur There’s a Solution

Entrepreneurs dedicate most of their time and effort to their small businesses. These endeavors are, after all, their dream and no one else has the passion and concern that they have to make them succeed. There is nothing wrong with hard work and dedication, but even people who love their companies will suffer when they have an imbalance in their lives for too long. Neglecting their own health and not relaxing or enjoying time away from corporate worries can lead to burnout. It is a problem that will derail dreams faster than the economy, a bad business decision or a weekend away.

What is Entrepreneurial Burnout?

Burnout occurs when people give out more energy and time to their work than they give back to themselves in rest and relaxation. It doesn’t happen after a week or two or strike suddenly. It creeps up on people over a period of time. Many entrepreneurs are unaware of the issue until someone close to them points out the common warning signs. The easiest way for it to happen is to believe that burn out is impossible or imagining that simply because a person has achieved their dream of having their own company they will always be happy. These mistaken beliefs only increase the level of guilt an entrepreneur has when they realize they want to run away.

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Signs of Being Burned Out

There are a number of physical and mental signs of burnout. Physical problems include frequent headaches, body aches and exhaustion. Many become more susceptible to colds or just frequently feel unwell. Memory loss, unexplained anger and bouts of depression are common mental and emotional concerns. People are stressed out, unable to think of anything except work and may begin to have problems in their relationships. In severe cases some entrepreneurs eventually stop caring about their work quality and begin to neglect their families and their own health due to feelings of hopelessness.

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Why Entrepreneurs are More Susceptible to Burnout

The issue of entrepreneur burnout is common simply because so much is resting on the shoulders of people running their own company. They have to worry about paying the bills, keeping clients happy and managing their employees. These responsibilities are in addition to caring for their families and worrying about their personal expenses. They cannot walk away from their own business the way they could with a traditional job. They are the ones that have to resolve all conflicts.

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How to Prevent Burnout

Being an entrepreneur will always be stressful, but there are ways to avoid burnout. The first step is to build a strong work team as soon as possible. This allows the owner to delegate work to others and remove some of the responsibility from themselves. Creating a schedule is another important step. Giving permission for time off lets people have hobbies, spend time with friends and family members and take long, rejuvenating vacations.

Reversing Burnout

Schedule a vacation immediately. Do not put it off to finish up work or wait until it is a “good time”. If you’re one of those ‘easiest way possible’ types, something like a cruise or houseboat are perfect for your vacation. They’re cozy and convenient, but also offer amazing luxury. The views are stunning, there is plenty of privacy and everything is contained in one place. This is a vacation without a busy itinerary. If you’re one of those ‘all or nothing’ people, you’ll probably want to try out at least one of these 50 once in a lifetime travel experiences instead, and experience something with a greater sense of adventure.

Owning a business is a big responsibility and the person at the top is important to the entire organization. Entrepreneurs often refuse to take time off because they worry the company will suffer without them. However, there really are only two options. Number one, They can disappear for a couple of weeks each year and return rejuvenated and with a fresh outlook or number two, they work 365 days a year feeling uninspired, unhappy and allow their health (and business) to suffer. The risk of burning out running your business is real and it is serious. Buy a swimsuit, dust off the fishing gear and schedule a vacation today!

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Last Updated on June 19, 2019

8 Life-Changing Skills You Can Learn in Less Than 6 Months

8 Life-Changing Skills You Can Learn in Less Than 6 Months

Everyone has the ability to learn a life-changing skill not just this year, but in the next 6 months.

By life-changing, I mean something that can have a positive impact in your life moving forward, even if it’s something you can’t envision today. Certain skills we can immediately reap the benefits of, while others will be life-changing when we least expect it.

In this article, we’ll share 8 life-changing skills you can learn in 6 months, where you can learn them, and how you can get started today.

1. Speed reading

Bill Gates has been known to state that if he had one superpower, it would be the ability to read faster. What Bill and the rest of the mega-successful understand is that knowledge is power. The ability to process information faster from books, articles, and reports is what will help us learn faster, and therefore improve each aspect of our life faster as well.

Where you can start learning: Speed reading courses are becoming more popular, as more people realize how important it is with the limited time we have. You can check out free courses like Read Speeder or you can start learning how to use Spritzlet, which allows you to speed read articles online with a browser extension.

2. Public speaking

Research shows that people fear public speaking more than death itself. There’s something terrifying about being in front of dozens or hundreds of people, and exposing yourself completely. It’s when you’re most vulnerable, but learning how to public speak is a life-changer.

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Warren Buffett has given advice to recent graduates that the number one skill you can have to succeed is public speaking skills. Everything from communication, confidence, and sales is developed when you develop your public speaking skills.

Where you can start learning: Luckily, there are great communities out there like Toastmasters that organize local meetups all around the world. You’ll find amazing public speakers that are looking to get to the next level to beginners that are just getting started. Check out Toastmasters’ website here.

3. Spanish

As the third most spoken language in the world, the ability to speak Spanish will allow you to reach over 500M people around the world. No matter where you live, knowing how to speak Spanish is becoming increasingly more important, with the Hispanic population and economy spreading quickly worldwide. If you’re living in the US, this is even more important, with over 30% of the population being Hispanic.

Spanish is also on this list, because it’s one of the easiest languages to learn. Sure, Mandarin is an important language to learn, but it’s an incredibly difficult one to learn. If we were to measure the level of importance and the time to learn for all the languages available, Spanish would make it to the top of the list.

One of the biggest reasons why people never reach fluency in any foreign language is: using the wrong method, and lack of time.

It turns out that humans retain only 5% of what we learn from lectures, 20% of what we learn from apps (visual cues), and 90% of what we learn from immediate immersion. Yet, how do 90% of learn a new foreign language? Language schools (lectures), books, Duolingo (apps), etc that don’t provide the real-life immersion required for our brains to learn faster.

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Where to get started: If you want the most effective way to learn a language, learning from real-life interactions is the best way to do it. There are great websites like Rype, which offers Spanish coaching for busy people, solving the issue of lack of time and bringing real-life immersion to your screen. With Rype, you can book as many lessons as you want, at any time of the day, any day of the week, allowing you to fit it into your schedule, no matter how busy you are.

4. Accounting

If you’re looking to get into business, accounting is one of the core fundamentals you’ll need to succeed. While you don’t need to be an expert, you definitely should understand the basics.

This skill can also be used to manage your personal finances, to meet your financial goals, and having more control over your life.

Where to get started learning: If you didn’t learn accounting in school, no worries. You can either teach yourself using books, or check out free accounting courses online.

5. Microsoft Excel

Most people reading this probably have a basic understanding of Microsoft Excel Spreadsheet. While this is a good start, there are so many powerful functionalities that are hidden, which could make your life a lot easier.

Excel is also a great asset to have whenever you’re looking for a job, as many corporations rely on Excel to organize and manage multiple parts of the business.

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Where to get started learning: With the popularity of Excel, you can find tons of free resources and videos online to learn. Check out Excel Exposure, Lynda, and Excel with Business.

6. Blogging/Vlogging

Blogging is a powerful tool if you want to spread your ideas, build your brand, or grow your business. Since it was introduced, blogging has taken on a life of its own, and today there are ~2M blog posts being written on a daily basis.

Where to get started learning: Anyone can start blogging today. All you need is a content-management system like WordPress, which is completely free. Personally, I think the best way to start learning how to blog is to just start writing. There are techniques you can learn on how to promote your blog, but the best way to grow your blog is to write great content.

7. Weight training

Yes, weight training is a skill. It’s not as advanced as learning how to code, nor will it take as long as learning a new language, if you just want to learn the basics.

We’re not promising that you’ll get a body like Arnold Schwarzenegger, but you will see much faster results for whatever goal you have, just by understanding how to workout properly. And of course, when you’re dealing with an activity that involves physical strain, you’ll always want to caution yourself.

Where to get started learning: There are amazing body builders that are sharing all of their secrets for free on Youtube. You can check out Bodybuilding.com’s Youtube channel to get started.

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8. Photo and video editing

In the digital world that we live in, from Youtube, Instagram, and Facebook, there is no avoiding photos and videos. In fact, social media has increasingly gone away from text sharing and almost everything to photo and video editing.

Where to get started learning: For photo editing, you can use Photoshop. For video editing, you can use iMovie or Final Cut Pro. Keep in mind, there are dozens of editing software tools for video and photo editing, but what’s more important are your editing skills, not the tool itself.

Check out education websites like CreativeLIVE or Skillshare, where you can learn from experts themselves on how to best use design and software tools.

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