March 8, 2022 Podcast Transcript
I realize this is not the most sexy topic to talk about, but I think it really needs to be discussed.
Are you in entrepreneurial burnout?
These last few weeks I have been thinking a lot about the online space and pressures new entrepreneurs and solo entrepreneurs can feel to earn big bucks really fast. Social media posts are screaming to let them show you how you can make $100k in your first month just like they did. I’m always curious what the backstory is around these posts. Anyway …
These kinds of posts create pressures in the minds of new entrepreneurs and solo entrepreneurs because - yes - they need the money … and good grief who wouldn’t want to make $100k in your first month?
But, I think it's also because they want to prove to people that they’ve made it. They want to prove themselves in the industry and show that they are worth it and deserving of the 5,10,20,100k weeks/months, whatever.
BUT usually this is driven by the ego. Money is great, don’t get me wrong but sometimes we need to have that clarity over what we actually NEED right now and what we WANT and there is often a difference.
Sometimes what we need is less than we think and we can still have an unbelievable lifestyle.
There is no shame in saying you only need an extra 10k a year to support your family and quit your part-time job! There is also no shame in saying you just want to make $1 or $2k a month!
I believe we all need to work on our abundance mindset when it comes to money because we all have money stories, but I also believe we can be shamed into asking for what we actually need today.
I can remember being in a group mastermind class and the speaker was individually asking each person on the call how much they were going to claim to make that month. Like, what is your do or die goal? It put so much pressure on those that really didn’t want to say - $10k or more for the month - but they said it anyway. The pressure is real. They felt a sense of shame.
Russel Brunson says, every BIG business starts small. What that means to me is that our entrepreneurial journey needs to be done step by step. We need a solid foundation on which to build our business and saying you’re going to have 5 figure months right out of the gate is just setting you up for entrepreneurial burnout.
Entrepreneurial burnout is on the rise (jumping from 43% in 2020 to 52% in 2021). Trying to listen and do everything the gurus are telling you is leading you down a scary path. Burnout doesn’t happen overnight: It is a state of emotional, physical and mental exhaustion caused by excessive and prolonged stress.
Stress can sometimes be healthy; however, when stress becomes consistent without rest and rejuvenation, it becomes chronic. As a result, it can cause a weakened immune system, anxiety, depression, insomnia, weight gain or loss, and irritability.
This is why my mission is to help you simplify your business and amplify your life.
Tell me - Does any of this sound familiar to you?
You’re not paying attention to the signs and signals of your mind and body.
One day, you’re working hard to get your signature offer planned out, get your sales page completed, and automated emails done. You look up at the clock and it’s 4:30 p.m. You realized you hadn’t eaten or drank anything, or gone to the bathroom, since 7 a.m.
Now that might sound like an exaggerated example, but it happens. This is just one example, but I’m hearing more and more stories like this and this is the result …
You eventually landed in the hospital with adrenal fatigue and developed a few chronic illnesses. It’s taking three months or more to fully recover and now you’re feeling the pressure again to get this stuff done because you need to make money!!
It’s a vicious circle and it’s all too real!
Take the time to pay attention to all of the signs of burnout that may be appearing in your life.
12 phases of burnout syndrome:
1. Excessive ambition: the compulsion to prove oneself
2. Working harder: working longer hours and an inability to switch off; “if I just work harder …”
3. Neglecting needs: neglecting self-care like eating, exercising, sleeping and social interaction
4. Displacement of conflicts and needs: displacing your problems
5. Values are skewed: no time for non-work related needs, work is the only focus, no time for hobbies, friends or family
6. Denial: denial of emerging problems and blaming others
7. Withdrawal: no social life or interaction with loved ones
8. Behavioral changes: changes in behavior obvious to family and friends, inability to concentrate or heightened sensitivity
9. Depersonalization: seeing neither self nor others as valuable and loss of contact with self and own needs
10. Inner emptiness: feeling empty, anxious or addictive behavior
11. Depression: an increasing feeling of meaninglessness, loss and lack of interest
12. Complete burnout: mental or physical exhaustion, symptoms may require medical attention
Now you might be thinking … Do people really get this far to have burnout syndrome? The answer is yes!
You have to take control and stop this cycle before it stops you.
Let’s talk about … How to beat burnout and heal from it … because like I said it’s my mission to help you simplify your business and amplify your life.
External and internal pressures will always be present in life, and yet your health, happiness and relationships do not have to be compromised.
Here are some tools and techniques that you might find helpful.
Identify the source. What belief or activity is contributing to burnout, anxiety, worry and stress? What are some alternative ways of thinking about the situation or different actions you can take?
Check in with yourself. How are you currently feeling? How do you want to feel? Awareness is key when assessing the situation and checking in with yourself.
Ask for help. Talk with a therapist, hire a coach, connect with trusted friends and family members. Do not suffer in silence; people want to help. It is okay to ask for and receive help and support. Solopreneurs wait way too long before asking for help.
Protect your peace and prioritize. Your mental, emotional and physical well-being are priceless. When we do not take time to prioritize, both our space and time can be taken over by other people’s requests and demands. Prioritize you and your peace first.
Schedule out your week both for work and play. Is your current schedule supporting you? Take a look at what schedule you are currently following and tweak it to support your peak performance. Schedule out your work week with relaxation and play time included in the plan.
Commit to doing something for yourself every day. How often do you do things for others before doing something for yourself? Commit to doing something for yourself every day. It can be as simple as taking a five-minute walk, reading ten pages in a book or taking a break to call a friend.
Take a day off for no reason. You are allowed to take a mental health day. Take a day off with no distractions and see what happens; it may just shift your perspective on life.
Move your body. Moving your body is critical — get up from your chair and stretch, dance or go for a walk. More and more people work from home and find they haven’t gotten up off their chair all day and it can really take a toll on your body.
Take back your power. Set boundaries and define your limitations. How often do you say "yes" when you want to say "no?” Put others' needs before yours? Take back your power and define what your boundaries are to yourself and others.
Pay attention to your needs. What do you need at this moment? Are you getting enough sleep and staying hydrated? It's so simple, yet so overlooked. What basic needs are you neglecting? Take inventory, then take appropriate action.
Remember what brings you joy. What makes you happy and brings you joy? How often are you doing these things? Make space for your happiness and for the things that bring you joy. Today, how will you experience more joy and happiness? What about this week?
Practice self-compassion and celebration. If you haven't heard it yet today, you are doing an amazing job. How often are we acknowledging our accomplishments? Think about how far you have come in the past five to ten years. You don’t have to wait for others to celebrate you: You can become your own biggest cheerleader.
Burnout can be prevented and healed. Get curious, slow down, become aware, simplify, and utilize the tools, techniques and strategies that can help you along the way.
Simplify your business, so you can amplify your life.
T-18 Coaching Experience
Trisomy 18 Foundation
Are YOU actually ready to be a SUCCESSFUL coach?