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6 Simple but Important Ways for Entrepreneurs to Avoid Burnout

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If you’d like to learn how to avoid burning out so you can have a long and successful career, sign up for the free 90-Day Master Class hosted by the founder of Addicted2Success.com, Joel Brown.


Burnout affects professionals in every industry, but it can be particularly problematic being an entrepreneur because when it’s their own business, it can be on their mind all day, every day. It is more than just a sense of being tired. It is the state of being overwhelmed emotionally, mentally and physically, to the point that you need a break in order to keep functioning. 

Burnout is easy to find but difficult to avoid for entrepreneurs. There are, however, 6 things that entrepreneurs can do to minimize burnout:

1. Set a ‘Normal’ Schedule

One of the worst things an entrepreneur can do is be available all the time. Sometimes, when we start a new business, we want to be available all the time to make sure that things are being done correctly. While this is a noble idea, it is not practical at all. 

We need to be able to stop, rest and spend time with friends and family from time to time. You can be “on-call” for emergencies only but allow your employees to handle the running of day-today tasks. 

Be sure that you train them to understand what to do in typical situations and provide guidance on how you make difficult decisions. If you own a retail business, consider being there some days for opening schedules and on other days closing schedules. Don’t forget to schedule days off too. 

Especially try to avoid the “clopen” if you own a retail business that is open late and opens early by staying late and then being in very early the following morning. Encourage your employees to avoid doing this as often as possible, as well. Of course, sometimes this may be necessary, but don’t make a habit of it.

2. Hire Good People

This one sounds like a no brainer, but sometimes people do not often realize how important it really is. If you hire people who can do their jobs effectively, you can focus on the important things and be much less stressed. Remember as well that good doesn’t mean average, they need to be really good for you to relax.

“It doesn’t make sense to hire smart people and tell them what to do; we hire smart people so they can tell us what to do.” – Steve Jobs

3. Plan

This is different from your schedule and you must plan what to do with your schedule. Your schedule is the hours you work and the plan is what to do with those hours. For example, you could have Meeting Monday, Business Building Tuesday, Work from Home Wednesday, Training Thursdays and Free Fridays. These may be the extent of your planned agenda, but you should also have a plan for each day. If you know Mondays are your days to plan meetings, don’t schedule one while you are training an employee on Thursday.

You could also plan blocks of time. For instance, 8-10 Meetings, 10-2 Training and Lunch, 2-5 Business building phone calls, 5-6 Free Hour. Nothing has to be uniform either. You could schedule in 10-minute blocks or 2-hour ones. You might even schedule some of each.

4. Schedule Catch Up Time

Sometimes we get behind on work. Things go wrong at home, work, or in our personal lives that command our attention. Without a time to work on catching up, we can begin to feel perpetually behind. Give yourself a day here and there to do nothing but catch up. Do not schedule anything on these days.

“Don’t be fooled by the calendar. There are only as many days in the year as you make use of. One man gets only a week’s value out of a year while another man gets a full year’s value out of a week.” – Charles Richards

5. Sleep

Sleep is good. Schedule one day a week to start later and sleep in if you can. If you have children to get ready for their day, consider leaving early one day and going to bed earlier or plan a midday nap. 

Sleep is important and can increase productivity as well. The more tired our brains are, the slower we are and the more mistakes we make. Get some rest! Even if it is not sleep, relax. You need to be able to rest.

6. Let Go

Mistakes will happen, things will go wrong and ideas will fail. These are just simple truths of life. Let them go. If your favorite worker quits, do not beat yourself up. You can certainly ask them if there was something more you could have done, but try not to let it get you down.

On the other hand, if they quit because they felt underappreciated and overworked, consider what you might do differently with the next employee. Keep in mind, some people will leave and there is no changing that. Do not let everything be the end of the world. Make peace with the way things are and change what you can. Let everything else go.

Burnout is easier to avoid than you realize but you may need to work at it a little. It’s very easy to recommend taking breaks, sticking to a schedule and letting things go but putting the advice into action can be difficult. 

You owe it to yourself and your business to learn to avoid the triggers of burnout. Own your time, mistakes and plans. Could you still wind up feeling burnt out? Sure, but these steps will minimize the risk of it happening. 

How do you make sure you avoid burning out in your career? Share your thoughts with us below!

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Entrepreneurs

The Many Faces of Benjamin Franklin: A Masterclass in Versatile Leadership

Versatile leadership involves the ability to adapt communication as per the needs of others.

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10 Lucrative Buy and Sell Businesses to Start in 2024

The buy-and-sell business model provides opportunities across many niches

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Businesses to start in 2024

In the dynamic landscape of 2024, starting a business that capitalizes on buy-and-sell models can be incredibly lucrative. This article explores ten different models that entrepreneurs can consider. These ventures range from real estate flipping to trading in domains and luxury items, providing a broad spectrum of opportunities regardless of your initial capital or interest area.

1. Car Flipping

Flipping cars can be a very lucrative business venture for an individual with business acumen, an eye for value, and mechanically adept at cars. It involves buying under-priced cars, restoring, and selling them for a profit. For deeper insights and opportunities in this market, refer to sca.auction.

2. Real Estate Flipping

Flipping real estate—be it houses, condos, or even commercial properties—remains pretty solid business, especially in markets where real estate values are on the way up. Investors buy properties relatively low, do rehab or renovation, then sell at a profit.

The success of the area is endowed with a huge potential spotlight, the ability to juggle various elements such as local real estate market knowledge, and efficient management of renovations.

3. Vintage E-commerce

With the advent of technology, it became easy to sell vintage or retro items over the online selling platform. Be it clothes, furniture, or even collectibles, consumers these days prefer something unique that is eco-friendly and which may have a nostalgia quotient in it. Hence, it brings the opportunity to open an e-commerce shop effectively.

4. Domain Flipping

If you have the skill to predict catchy phrases or business names that would be popular in the future, then buying and selling domain names would be a very profitable business. Register prices are available to purchase domains, which later can be sold at high prices to interested parties or businesses that wish to get an early online identity.

5. Luxury Items

One of the most promising buy-and-sell businesses is the luxury market, and what makes it very attractive is its less sensitivity towards economic downturns. Some of the common items in the luxury market include high-end watches, jewelry, and art, rare cars, all with high yields. Most times, items do appreciate, especially when they are limited editions.

6. Sports Memorabilia

While the sports memorabilia trading business can at times seem lucrative, especially when one focuses on big personae or big events, authenticity and rarity can definitely help items fetch top dollar. Provenance and limited supply both go towards inflating their values.

7. Sneaker Reselling

In recent years, the sneaker resale market has exploded, fueled by a commodity of scarce releases and athletic brand collaborations with a list of celebrities. Today, with operations such as StockX and GOAT, it’s really that easy to break into the worldwide market. It’s pretty easy to find your buyers and make a very good profit if you’re targeting the right trend and releases.

8. Book Flipping

Flipping rare and first editions can become a really meaningful, and yes, one more profitable, business for a book lover. Sometimes the signed ones, rare manuscripts, or those early editions of famous novels could sell for thousands of dollars, usually done by collectors or academic institutions.

9. Furniture Upcycling

Upcycling furniture consists of restoring and using second-hand furniture to sell it at a higher price. For the environmentally aware consumer, this business model has great appeal. It could be pretty profitable if done with good taste and talent in design and restoration.

10. Electronics Flipping

Smartphones, tablets, and laptops resell at values significantly high; hence, business ensues. Buy, refurbish, and sell in better condition to appeal to budget-minded consumers looking for technology at more affordable price points. 

Overall, The buy-and-sell business model provides opportunities across many niches. Be it real estate flipping or vintage item upcycling, you can succeed in both models with market understanding and trend application. That, with careful planning and strategic investment, will throw huge financial returns for these business models in 2024.

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Did you know that companies that master big data can outmaneuver competitors by 85% in sales

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Celebrating progress also provides entrepreneurs with the psychological sustenance needed to endure the marathon of building a business

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