ISmall-Business.net

Intelligent Business Solutions

  • Home
  • Strategy
    • Small Business Strategy
      • Combining Niches to Maximize Profit Potential
      • High Ticket Versus Volume Niche Selection
      • How to Know When to Cut a Business or Niche Loose
      • Never Put All Your Eggs in One Basket
    • Sales Strategy
      • Facebook Networking Versus Paid Advertising
      • Brainstorming a Successful Sales Funnel
      • Best Practices for Profitable List Building
      • Backend Sales Strategy Tips
      • A Better Way to Use Webinars for Profits
      • Creating a Welcome Email That Makes Money
    • Production Strategy
    • Human resource strategy
  • Management
    • Business action plan
      • 7 Things to Send JVs to Get Them Onboard
      • Don’t Make JV Promises You Can’t Keep
      • How to Host a Challenge and Maximize Profits
    • Small Business Management
      • Putting Profit Tasks First During Time Management
      • How Self Doubt Sabotages Your Financial Success
      • Repurpose Your Content to Save and Make Money
    • Business Management Topics
      • Fighting the Stigma of Failure
      • Figuring Out the Perfect Launch Date and Time
      • Bonus Creation That Catapults You to Leaderboard Domination
      • Do Customers Prefer Video or Text Courses
      • Minimize Your Risk of Refunds with These 5 Tips
      • How Often Should You Email Promo Material
      • Narrow Niche Domination
      • Perfecting the Launch Process for Increased Profits
    • Business Management Blogs
      • Nobody Expects a Perfect Expert
  • Ideas
    • Find business ideas
      • 5 Lucrative Non IM Niches
      • 6 Niches That Are Hot on Social Networks
      • Are PLR Stores a Viable Way to Make Money
      • How to Know If a Membership Site Is Right for You
    • Idea feasibility
      • How to Make Money Off a $7 Product
      • Recurring Income Options
    • 10 top business ideas
      • Could Coaching Bring in More Money Than Products
      • Individual Coaching Versus Group Coaching Profits
      • Building a Reputation as a Powerful Affiliate
      • Pinterest Profit Niches
    • Low cost business ideas
      • Making Money Off eBooks and Reports
  • Valuation
    • Business Valuation
    • Increase business valuation
      • Making Wise Investments in Tools to Further Your Business
    • Business Valuation Methods
    • Understand business valuation
  • About
    • About Me
    • Blog
    • Contact Us
    • Sitemap
    • Privacy Policy
  • Strategy
  • Supply Chain
  • Customer Focus
  • Entrepreneur
  • Biz Opportunities
You are here: Home / Strategy / Can Emotional Exhaustion Cause You to Quit a Profitable Business?

Can Emotional Exhaustion Cause You to Quit a Profitable Business?

August 27, 2019 by Asif Nazeer Leave a Comment

[ad_1]

Emotional Exhaustion Stifling Entrepreneur Spirit in America, University Study Finds

Are you not clear about your job as a small business owner? Are you frequently having work-family conflict? If your answer is yes, then you need to take a paradigm shift for your own good.

According to research conducted by The Institute for Entrepreneurship and Free Enterprise, Ball State University, “Emotional exhaustion caused by role ambiguity and work-family conflicts can lead many entrepreneurs to leave or close their companies, even when the ventures are profitable.”

Small business owners, due to limited resources or unwillingness to delegate, often entangle themselves with multiple tasks. Doing so not only can create role ambiguity but also can cause work-family conflicts many a time. And emotional exhaustion caused by these stressors, as found in the research, is positively related to exit intentions.

As a small business owner, you should efficiently tackle role ambiguity and work-family conflict to avoid emotional exhaustion.

Role Ambiguity

Role ambiguity simply means a lack of clarity about one’s job. Being a small owner, especially when you’re a first-time business owner, you can easily fall prey to role ambiguity. How?

This is because you want to do everything yourself. Your business is your baby, and you are reluctant to trust others for sharing responsibility.

Finding opportunities, doing meticulous planning, and adopting the right growth strategies are some of the many critical tasks you need to successfully complete to grow your business. And many times, you are not sure about which strategy or action will be fruitful or futile. Also, you may not be sure about the right away to execute any action or strategy. This uncertainty, in the entrepreneurial context, can add up to role ambiguity.

When employees feel role ambiguity, business leaders are there to support. But entrepreneurs are on their own battling with role ambiguity alone, which can lead to emotional exhaustion.

A good way to fight role ambiguity is to focus only on the critical tasks that you are good at. And you should delegate the rest of the tasks to others. This way, you will be handling work that matches with your expertise, and you will be less likely to be uncertain about it.

Michael Goldsby, executive director of the Institute for Entrepreneurship and Free Enterprise at Ball State, advised, “The entrepreneur shapes the business, but the business also shapes the entrepreneur,”

“And if the entrepreneur doesn’t change as the business grows, or they aren’t prepared to act differently, there’s going to be a breaking point. Either the business, the entrepreneur or both are going to struggle. For people, that’s called emotional exhaustion.” He continued.

Work-family Conflict

Work-family conflict is inevitable if you don’t try to avoid it.

Small business owners often experience long business hours, and they sometimes become too engrossed in their work to actively take part in their family role.

Also, many a time, behavior associated with your work role can be incompatible with your family role, creating a ground for work-family conflicts. These frequent work-family conflicts can put small business owners, like you, in unbelievable stress, leading to emotional exhaustion.

To be successful at both fronts – family and business, you should try to remove barriers to work-life balance and minimize work-family conflicts.

Keeping the Entrepreneurial Spirit Alive

A path to becoming a successful business owner is never even and often it is paved with stressors like role ambiguity and work-life conflicts.

Having a mentor or coach by your side to help you develop personally and professionally can have a major impact on your growth. You will have somebody to turn to when going gets tough.

Mr. Goldsby says, “The entrepreneur has to develop, and if they don’t, it’s going to be a tough road,”

“Good support networks, good coaches, and good mentors help. That’s why you see a lot of family businesses. Previous generations went through something and can coach up the next generation. They can turn to them when they’re facing the same types of challenges. The good family businesses probably had that going on.”

The study included 400 entrepreneurs in the United States and Australia.

Image: Depositphotos.com

This article, “Can Emotional Exhaustion Cause You to Quit a Profitable Business?” was first published on Small Business Trends



[ad_2]

Source link

Filed Under: Strategy

About Asif Nazeer

My current sphere of interest is Internet Marketing - Worked for many years in finance and banking. I now consult for small businesses and starts ups. Also involved in venture capital for new companies.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Sign up for our newsletter and receive a free EBook on how to boost productivity






Find it

Blog By

Small Business Consultant and Accountant helping grow your small business Read More…

Follow us online

  • Email
  • LinkedIn
  • Twitter

Recent Posts

Unlock Small Business Triumph: Your Definitive Guide to Success

Small Business Topics: A Comprehensive Guide for Success As a … [Read More...]

  • Why the F&B Sector Needs Streamlined Payment Methods – Business
  • The Rise of AI in Ecommerce Outsourcing – Ecommerce
  • The Benefits of Turnkey Tech Solutions for Forex Brokers – Business

Archives

  • December 2024 (1)
  • March 2024 (2)
  • February 2024 (3)
  • January 2024 (1)
  • December 2023 (3)
  • November 2023 (1)
  • October 2023 (3)
  • September 2023 (6)
  • August 2023 (1)
  • July 2023 (5)
  • June 2023 (16)
  • May 2023 (1)
  • April 2023 (2)
  • March 2023 (4)
  • February 2023 (2)
  • January 2023 (5)
  • December 2022 (5)
  • November 2022 (8)
  • October 2022 (7)
  • September 2022 (6)
  • August 2022 (6)
  • July 2022 (13)
  • June 2022 (11)
  • May 2022 (7)
  • April 2022 (8)
  • March 2022 (12)
  • February 2022 (8)
  • January 2022 (11)
  • December 2021 (9)
  • November 2021 (10)
  • October 2021 (11)
  • September 2021 (3)
  • August 2021 (10)
  • July 2021 (12)
  • June 2021 (5)
  • May 2021 (10)
  • April 2021 (17)
  • March 2021 (40)
  • February 2021 (39)
  • January 2021 (58)
  • December 2020 (66)
  • November 2020 (59)
  • October 2020 (34)
  • September 2020 (47)
  • August 2020 (37)
  • July 2020 (2)
  • May 2020 (1)
  • April 2020 (1)
  • March 2020 (33)
  • February 2020 (25)
  • January 2020 (20)
  • December 2019 (27)
  • November 2019 (28)
  • October 2019 (34)
  • September 2019 (38)
  • August 2019 (13)
  • July 2019 (44)
  • June 2019 (40)
  • May 2019 (58)
  • April 2019 (51)
  • March 2019 (43)
  • February 2019 (44)
  • January 2019 (43)
  • December 2018 (47)
  • November 2018 (43)
  • October 2018 (58)
  • September 2018 (44)
  • August 2018 (60)
  • July 2018 (49)
  • June 2018 (58)
  • May 2018 (54)
  • April 2018 (39)
  • March 2018 (46)
  • February 2018 (48)

Topics Covered

business consulting business growth business management business marketing business strategy business topics small business small business success small business topics

Biz Opps

[ad_1] Featured image by Blake Wisz on … [Read More...]

[ad_1] Are you looking for the best ways … [Read More...]

[ad_1] Featured image by … [Read More...]

Customer Focus

[ad_1] First published in Exchange, the magazine … [Read More...]

Entrepreneurs

[ad_1] Uptown Cheapskate is a resale … [Read More...]

[ad_1] A team of neuroscientists in the … [Read More...]

[ad_1] This article was translated … [Read More...]

Strategy

[ad_1] If you buy something through our links, we … [Read More...]

[ad_1] In helping celebrate Black History Month, … [Read More...]

[ad_1] ZOHO started its current Email Marketing … [Read More...]

Supply Chain

[ad_1] Although managing inbound shipping can be … [Read More...]

© Copyright 2015 iSmall-Business.net · All Rights Reserved · Powered by ISmall-Business.net · Admin