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The top 3 causes of entrepreneur burnout and how to avoid it

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Life as an entrepreneur can be intense, but if you’re constantly feeling exhausted, emotional, and overwhelmed, then you could be heading for burnout.

Choosing to become an entrepreneur can be an exciting, rewarding and lucrative path to take, but the journey can be rocky and it’s important to look after yourself along the way to avoid burning out.

Entrepreneur burnout is usually the result of a prolonged period of feeling very stressed and overwhelmed at work.

Warning signs that you’re heading for burnout can include often feeling anxious, exhausted, angry or emotional.  Suffering with frequent headaches or insomnia, struggling to focus, losing the passion for your business, and becoming less productive or listless are also common symptoms of entrepreneur burnout.

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The cost benefits of using a virtual assistant

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Have you considered the fact that not hiring a virtual assistant could be costing your business far more than the price of hiring one?

Rather than looking at a virtual PA as just another expense, businesses should consider the bigger picture and long-term financial savings that could be made when deciding whether they could benefit from the help of a virtual assistant.

Virtual PAs can help with a variety of different tasks, from repetitive admin jobs, to time-consuming event planning, or specialist online marketing campaigns.  If you’re not using a virtual assistant, then who is completing these tasks? You? Your existing team? A new full-time member of staff?

Here are the top four financial benefits of outsourcing these jobs to a virtual assistant.

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Mailchimp Automation opens up New Possibilities for Small Business

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Mailchimp, Email newsletterswhich we love for e-newsletter marketing, has just made automation available on its free plan, and this could transform the way small businesses communicate with their customers.

What do we mean by automation? It’s the process of sending out predetermined emails when certain events or triggers happen.

For example:

You could set up a standard email thanking a customer when they have made their first purchase, automatically send out a shipping confirmation, send a follow up email to subscribers who have (or haven’t) opened a particular communication, or even a “Happy Birthday” message or offer – you set the triggers to whatever is most effective for you, it could be an action or an inaction (i.e. those who click on a link, or those who don’t click on it). You can send a series of emails if that’s appropriate, at whatever intervals you require, or on specified days or dates.

The key to making your automated communications welcome to your customers is making sure the content is relevant, the frequency is appropriate, and that they don’t sound like they’ve been generated by a robot! Although everyone loves the efficiency automation can create, no one wants to feel that they are part of a conveyor belt of automatic emails, so make sure your content is personal, friendly and above all useful.

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5 Key things we didn’t know before starting a small business

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1. Outsource
Entrepreneurs often feel they need to be able to do everything on their own, but this can lead to you wasting precious time doing mundane tasks that someone else could do better and faster. Look for ways to automate or outsource repetitive jobs, and you’ll have more time for the important things. You’re also only as good as the team you have behind you. Make sure you have the right people in place to deliver the service you want to deliver.

2. You’ll spend a lot of time running your business
So you’ve started your business because you’re passionate about what you do, but as a business owner you’ll spend the majority of your time on administration, marketing, selling, business planning and answering a whole load of emails. To make any money out of your new business these are things you need to get to grips with, even if admin’s not your first passion.

3. The importance of making friends with the media
However fantastic your product or service, you need to tell people about it if your business is to succeed. Local press can often have space to fill and will welcome newsworthy stories about your new business. Editorial will often seem more credible to the general public than advertising, so make friends with your local media and harness the power of free publicity.

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Small Business Owner? Why it Pays to let your Employees Work Flexibly

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Although most small businesses in the UK employ no one but the owner, nearly 25% have employees. If your business is expanding and you are starting to take on staff, it’s worthwhile considering giving them the flexibility to work from home.

A key advantage for small businesses of having employees who can work from anywhere, at any time, and who aren’t tied to their desks means that they can be more responsive – one of the biggest advantages small businesses have over their larger competitors.

Technology such as video conferencing, social media groups and instant messenger can create a ‘virtual office’ to enhance collaboration while obviating the need for employees to be physically present in an office. If the majority of your work happens on the computer and online, the location of the person is no longer important – as long as they have a reliable Internet connection.

Studies have shown that people who work from home are happier and more productive. You may expect people to have more interruptions at home, but for many people office distractions can be a major source of procrastination: it’s often easier to focus on a task at home.

Here are some of the ways it can pay to allow working from home:

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Small is Beautiful

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So you run your own micro business, congratulations!  You may be surprised to learn that you are in the majority – businesses employing fewer than 10 people make up 95.6% of all UK businesses.

So what’s great about being tiny?  There are myriad advantages to small businesses, both to the business owner and to the customer.  Here are a few of them:

 

For the entrepreneur:

Independence – be honest, who hasn’t ever wanted to be their own boss?  People working for themselves are happier too.

Personal Satisfaction – you’re working in a field you really enjoy, and you have the creative freedom you only dreamed of in the corporate world.

Work/life balance – you can set your own hours, reduce your commute to zero and see as much of your family as you want to!

Learning opportunities – as a cog in the corporate machine you typically only perform a tiny part of the overall function.  As a business owner you have to get involved in the whole process, even when you outsource parts of it to other experts.

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What’s in it for Me?

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Pink Spaghetti offer support to businesses in many ways. While many people appreciate the help, there is often the question of “What’s in it for me?” and how does your service really impact our lives? Let me tell you about one case, and the tangible difference our help made. small_Bundles,

A client was due to attend a trade show on her own, and called Pink Spaghetti to see if we could help her on the day. Of course we said yes! The initial brief was for someone to be on the stand and to speak to people if she was unable to; a standing position if you will.

The service that Pink Spaghetti offered was support before, after and during the event in the end. Prior to the day we sourced and prepared giveaway items, taking the pressure off the client meaning she could concentrate on her preparation; no last minute panicking about things she hadn’t had time to do. On the day, Pink Spaghetti arrived early to help prepare the stand, and rush out to get last minute supplies. After taking some time to understand the key offerings of the business, and how they were different, we represented the business during the show.

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Are you about to start the School Holiday Juggle?

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This month our blog has been written by the co-founder of Pink Spaghetti, Vicky Matthews, who has two children, Holly and Tom.

The thought of the long school holidays can fill working parents with dread. For myself it is very much a period of juggling, however if you plan ahead it can be a lovely time to step back a bit and enjoy precious time with your children.

IMG_5769My children are aged eleven and seven so I know just how challenging it is to balance business and children during school holidays. There is no ‘right’ way; you must find what works best for you. Over the years I have tried most options and this summer my kids will spend two days a week at different holiday clubs, which they love, however we have had to try lots of different ones to get to this point!

Most of the time it is a balancing act and there will be times when you have to change your plans at the last minute because something urgent comes in. However on the whole if you can try to keep things simple and not over commit you can get a good balance over the holidays. Trying to perform both roles simultaneously does not often work and I have tried working on a laptop while my kids were nearby doing what kids do and it just doesn’t work, so dedicate your full attention to one thing or the other where possible (however I know this is not always possible and I am often guilty of just quickly checking my emails when I should be doing something else!).

Here are my top tips on juggling over the school holidays:

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Inspirational Businesswomen in celebration of Be A Millionaire Day 2016

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Friday 20th May 2016 is National ‘Be A Millionaire Day’. At Pink Spaghetti we have several inspirational businesswomen as customers who may well belong to this exclusive club. Millionaires or not though, we think all of our clients are 1 in a million and we thought we would share with you some of their successes.

One of our Pink Spaghetti Franchisees, Laura from Newbury, has the privilege of working with a very special lady who has turned a small venture into a thriving business. Romilla Arber runs Honesty Group in West Berkshire, started just two years ago. Honesty Group has gone from strength to strength in a short space of time and provides a benchmark for all women thinking of making that leap and starting their own company. We spent some time with her recently to understand how she has made it such a success:

Pink Spaghetti Q&A

1. What prompted you to start your business and how/where/when did it start?
I wanted to start a business venture in the food sector that could make a reasonable profit whilst retaining its integrity towards staff, customers and suppliers. I started it in 2014 at the Honesty Cookery School.

2. How many people do you now employ?
We now employ 30 staff across the group.
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3. What has made your business so successful? Could you give us 5 tips?
My 5 key tips are working hard to hire and retain the right staff, making good customer service a priority, training and developing staff, charging competitively, having a strong and clear vision.

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Spring Clean Your Mind!

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This guest blog has been written by Suzie Poyser, a counsellor running her own private practice.

After setting up my business last year, I know only too well how easy it can be to be consumed by work, with ever present thoughts about everything I need to do and everything I want to achieve personally and professionally. Personally I have found this totally overwhelming at times and as a therapist and mindfulness practitioner, I am quick to notice when I’m feeling overwhelmed, ensuring that I practice what I preach!
It can be very tempting to miss lunch breaks, start early, work late and even go to bed with work on the mind, but with some of these simple mindfulness techniques you can practice slowing down and calming the mind. In doing this you will reap the rewards, creating space in your mind, which will help with your creativity and productivity.

Starting the day right

When that alarm goes off in the morning it’s amazing how quickly the mind can switch in to ‘doing mode’. How we start the day can have a massive impact on how we feel for the rest of the day. Try taking the focus from your thoughts and onto your breath. Taking a few deep breaths, as you breathe in deeply for the count of five, notice the air filling the lungs and the energy it creates and as you breathe out imagine all the tension leaving your mind and body.

Taking a mindful break

It can be very tempting to work right through without a break, or when we do take a break our mind is still whizzing over the list in our head. By taking mindful breaks you’re really giving your mind the down time it needs. A mindful break means doing something and giving it your full attention. This might be as simple as making a cup of tea or eating your lunch. If you’re eating your lunch leave your desk and mobile phone. Focus solely on eating your lunch, really notice the smell of the food, the texture as you start to chew and be aware of how the food tastes.

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email help@pink-spaghetti.co.uk or click here to find your nearest team