Friday, April 13, 2012

Don't Become an Entrepreneurial Burnout

Let's face it, being an entrepreneur is HARD. You need drive, dedication, and perseverance-- not only when you first start developing your business, but throughout your business's life. These are daunting tasks and unfortunately lead to some entrepreneurs burning out.

(photo from Microsoft Word Clipart)

It's much easier to prepare yourself now with some tips for avoiding burnout as compared to trying to bounce back after burnout has occurred. Forbes.com recently posted a great article about avoiding burnout. Below are just a few of the Forbes.com tips:

-Entrepreneurship is a marathon, not a sprint. Pace yourself, respect your limits, and keep the whole “race” in mind.
-Good things take time. Establish fair expectations when you do forecasting, project planning, and goal setting.
-Avoid "always working". Set clear boundaries—no one else can do this for you. Off means off. On means on.
-Plan to take some legitimate time off. An escape from your enterprise allows you to get out and gain perspective on the business—even if you don’t explicitly think about work. Taking time off also forces you to put systems in place so the business can continuing running in your absence—a critical component of a successful and sustainable business.

Always remember-- YOU are in charge. It is up to you to set these "burnout free" goals and adhere to them!

As an ag entrepreneur, what do you do to prevent burnout? Do you know of other ag entrepreneurs who have experienced burnout? Did their business ever recover?

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