It's not Hard to Work Smarter
Many solopreneurs work stressful 50-hour weeks without a dependable income stream. Additionally, service-based small business owners, such as wellness coaches, personal trainers, and massage therapists, often encounter unique challenges that can impact their health and well-being which may sabotage business operations and ability to serve clients. Why? ⏱ Work Hours: Many solopreneurs and small business owners work significantly more than the traditional 40-hour workweek. According to surveys like those from Gallup or FreshBooks, solopreneurs often work 50-60 hours per week, especially during the early stages of their businesses. 😕 Stress Levels: Studies like those from the National Institute for Occupational Safety and Health (NIOSH) suggest that the self-employed often face high stress due to the uncertainty of income, lack of work-life balance, and pressure to manage every aspect of the business. Approximately 35% rate their stress as "high," compared to 26% of business owners with employees. 💸 Income Volatility: Many solopreneurs experience fluctuating income streams, leading some to maintain additional employment. Notably, 82% of those juggling self-employment and other jobs cite the stability of regular income as a primary reason. Healthy Wealthy⚡ WISE⚡ Recommendations: 🧘 Self-Care Practices: Engaging in regular self-care practices is crucial for solopreneurs to maintain vitality and reduce health complaints. Physical exercise, in particular, has been consistently associated with improved well-being outcomes. ⚖ Work-Life Balance: Solopreneurs often struggle with work-life balance, leading to stress and burnout. Implementing clear boundaries, such as setting specific work hours and allocating time for relaxation, is essential for maintaining mental and physical health. 📥 Establish Clear Work Boundaries: Define specific work hours and create a designated workspace to separate professional and personal life. 🧖 Prioritize Self-Care: Incorporate regular physical activity and relaxation techniques into daily routines to enhance well-being.