5 Strategies to Thrive as a Solo Business Owner — Without Burning Out A recent study revealed that 42% of small business owners have experienced burnout in the past month, with an additional 24% currently grappling with it

By Alykhan Jetha

Key Takeaways

  • Solo business owners should integrate these strategies, achieve harmony, and remain healthy enough to enjoy the entrepreneurial journey.
entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

Burnout is one of the most common challenges that small business owners often face.

A recent study revealed that 42% of small business owners have experienced burnout in the past month, with an additional 24% currently grappling with it.

While I love the journey of scaling my company, Marketcircle, I did not necessarily love every task that came along with it — especially in the earlier days. Burnout symptoms crept up on me.

Many small business owners believe they have to be the driving force behind all the activities in the business. The urge to juggle every task, including the ones they do not like or aren't their forte, can lead to an exhausting cycle.

Instead of turning to "work-life balance" to prevent burnout, I leverage a different framework: Personal Harmony. It's a concept I recently came across through a fellow entrepreneur, and it can be a powerful one.

It is a more holistic approach that integrates work and personal life. Instead of focusing solely on balance, the approach encourages you to find happiness in your work and tailor it to live in harmony with your personal life. This might vary depending on the stage of life you are in.

The key is to find ways for them to coexist, not compete. As business owners, we must set ourselves up for the marathon, not just the sprint. Here are five strategies to achieve personal harmony that have worked for me:

1. Prioritize health

Once I realized that my health is the foundation upon which everything else rests, I made health a non-negotiable. I would have likely burned out long ago if I hadn't started looking after my mental and physical health.

A few things I do:

  • Take breaks: regular short breaks for a stroll or practicing conscious breathing.
  • Dedicate time to exercise: working out for just 20 minutes daily can help you release physical tension and relieve stress.
  • Journal: get things off your mind by simply writing them down.

Related: 3 Reasons Why Entrepreneurs Seriously Need to Take a Break

2. Integrate relationships

Relationships aren't just about our customers; investing in our personal relationships is a direct contributor to our physical and mental well-being.

Extended hours overtake other parts of our lives, so carving out dedicated time for family is crucial.

One of the commitments I have made is to take frequent time off with my family. It's tempting to resist vacations when things get busy with our companies. I'm not alone in thinking that: Only 57% of entrepreneurs take vacations, and 67% of them remain connected to work the entire time.

While it's easy to see vacation time as a distraction or a luxury, I know today that I return each time feeling re-calibrated, rejuvenated and ready to lead my company the way it requires.

Related: Why Building Relationships Is the Marketing Secret No One's Talking About

3. Do more of what you love

Pursuing work we genuinely enjoy is crucial to mental well-being. During the early stages of my entrepreneurial journey, I worked 16-hour days without exhaustion because I was doing what I loved.

As a business evolves, there may be tasks, projects, or facets of the business that you begin to realize are sapping your energy. Identify these - and design the company to ensure you're spending most of your time focusing on only the things you genuinely enjoy doing. Quality, creativity, efficiency - all of it will increase exponentially once we spend less time on the things that drain our energy and more time on things that boost our energy.

4. Leverage external partnerships

Owning the responsibility of the business is one thing - but owning the responsibility of every task in the business is another thing entirely. Learning the difference between those two was crucial to my well-being and the company's growth.

As small business owners, it's easy to fall into the trap of feeling that you must do everything yourself because the business is your baby. However, asking for help is a growth tool, not a sign of weakness. Delegating and partnering with experts to do the work you do not enjoy can lift the burden off your shoulders.

A tip that has worked for me is to delegate tasks and schedule regular check-ins to track progress. Many tools can help in this process, including Daylite.

Related: How Time Management Can Help You Avoid Burnout

5. Work smart

In my early days as an entrepreneur, I struggled to remain on top of all the moving parts of building a business. In time, I built a tool to help me stay organized, bring mental clarity, and increase efficiency while working fewer hours.

Breaking projects into smaller, manageable tasks, building lists and leveraging reminders and automation helped me stay structured and clear on my priorities. In the process, I was able to see my progress and celebrate the wins along the way. The achievement of smaller milestones were like signal to me, reminding me that progress was being made and I could (must) afford to take breaks and be present with my family, knowing I could resume work without losing track.

Alykhan Jetha

Entrepreneur Leadership Network® Contributor

Founder of Marketcircle

Entrepreneur, bootstrapper, underdog. President & CEO, Marketcircle. 20+ years as a tech & software entrepreneur – and incredibly proud of what Marketcircle has achieved. But it started quite differently. Passionate about lean entrepreneurship & process-driven startup growth.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Related Topics

Business Ideas

55 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business Solutions

Stay Organized with This Task Management Tool, on Sale for $30

A Study Planr Pro subscription is just $30 for life.

Business News

Here Are 3 Strategies Startup Founders Can Use to Approach High-Impact Disputes

The $7 billion "buy now, pay later" startup Klarna recently faced a public board spat. Here are three strategies to approach conflict within a business.

Thought Leaders

10 Simple, Productive Activities You Can Do When You Aren't Motivated to Work

Quick note: This article is birthed out of the urge to do something productive when I am not in a working mood. It can also inspire you on simple yet productive things to do when you're not motivated to work.

Devices

Get a 15-inch MacBook Pro for Less Than $375

Save on this refurbished MacBook Pro for a limited time.

Data & Recovery

Get 2TB of Cloud Storage with PhotoSphere for Just $280 for a Limited Time

Easily store and access photos, videos, and other files spread across your work devices.