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How to avoid business owner burnout (or how to overcome it if it’s too late)

Most people burn out at some point in their lives.

For business owners, burnout is an ever-present danger, if they aren’t careful.

The first - and often most difficult - step to escaping and overcoming burnout is identifying it.

The Money Show’s Bruce Whitfield interviewed Aurik Business Accelerator founder Pavlo Phitidis, who answered a number of questions:

  • What is “burnout”?

  • How does it happen?

  • What are the costs associated with burning out?

  • What are some strategies to avoid burnout?

For more detail; listen to the interview in the audio below (and/or scroll down for quotes from it).

Burnout… you start to see, forecast and attract negative things… You feel you can’t get out of bed.

Pavlo Phitidis, Aurik Business Accelerator

The idea that you can have a balanced life, and achieve on a global level, it doesn’t exist…

Pavlo Phitidis, Aurik Business Accelerator

When you start letting standards slip; that’s an indication [of burnout].

Pavlo Phitidis, Aurik Business Accelerator

I do martial arts… You have no choice; if you are driven… It’s not about drawing back; you’ve got to figure out a way to live with it…

Pavlo Phitidis, Aurik Business Accelerator

Burnout typically happens in the start-up phase… They chase every single deal… Try to get the business simplified… Focus is a great contributor to anti-burnout… If you don’t build systems… you will burn out…

Pavlo Phitidis, Aurik Business Accelerator

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This article first appeared on 702 : How to avoid business owner burnout (or how to overcome it if it’s too late)


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