Starting a company from scratch can be stressful, no matter how well-prepared you are. Many
entrepreneurs can be vulnerable to burnout, which can quickly turn a dream business into a nightmare. What can
business owners do to reduce stress and avoid losing their zest for entrepreneurship? Check out these five helpful
tips below.

Set Boundaries

Solid and clearly-communicated boundaries are crucial for any business owner. There will never be
a time when there isn’t something to do—so without clear boundaries between your work life and your home
life, you run the risk of being tied to your business 24/7. This can mean limiting after-hours calls to emergencies
only or delegating a backup to handle all business decisions so that you can truly unplug while on vacation.

Track Your Time

Spending a week or two tracking how you spend your time can be eye-opening. You may find that
you’re spending more time than expected on fairly minor tasks, or allowing important tasks to be pushed to the
bottom of your list. Having a time log can help you make the changes you need to get more done in less time.

Prioritize and Delegate

As the saying goes, 80 percent of your results can come from 20 percent of your efforts. Put
another way; you could spend 80 percent of your time getting just 20 percent of your results. It’s important to
focus on the projects and expenses that can give you a good return on your investment and delegate or outsource
those that don’t.

Say “No”

Entrepreneurs can be tempted to take on every new opportunity available, so turning down work,
especially in the fledgling stages of a business, can feel like a bad idea. But overloading yourself can be one of
the quickest ways to burn out. Declining projects that aren’t worth your time can free up time for more lucrative
projects.

Focus on Physical Health

It’s important to take time every day for certain tasks, including:

• Regular breaks. Your productivity can start to wane after a few hours of unbroken work, so taking quick breaks
  to do something enjoyable or relaxing can help you keep focused throughout the day.
• Plenty of sleep. A few nights of too-little sleep can leave you going through the day like someone who has had a
  drink or two.¹ Be sure to leave enough time for a good night’s sleep so that you can be clear-headed
  the next day.
• Adequate exercise. Spending all day at a desk can leave you feeling so drained that, after the workday, you may
  not be in the mood for much else but a couch and salty snacks. By scheduling exercise into your day, you can
  maintain physical health and release mood-boosting endorphins.

Entrepreneurs can also benefit from finding someone to talk to about the specific issues they’re
facing—whether this is another group of entrepreneurs, a mentor, a trusted friend or loved one, or even a therapist.

Important Disclosures:

Investment advice offered through Planned Financial Services, a Registered Investment Advisor.

The opinions voiced in this material are for general information only and are not intended to
provide specific advice or recommendations for any individual.

All information is believed to be from reliable sources; however, Planned Financial Services makes
no representation as to its completeness or accuracy.

This article was prepared by WriterAccess.

Tracking #1-05366479

Footnotes

¹ “Risks from not getting enough sleep: Impaired performance,” Centers for Disease
Control and Prevention,
https://www.cdc.gov/niosh/emres/longhourstraining/impaired.html#:~:text=Being%20awake%20for%2017%20hours,drunk%20driving%20level%20of%200.08.