If you’re in charge of your own company, restful weekends and relaxing holidays might feel like a distant memory. There’s no getting around the fact that being an entrepreneur is a big responsibility. The buck stops with you, so you can’t afford to lose focus. But does this mean that working around the clock and sacrificing vacations is the secret to realising your ambitions or – on the contrary – could you and your business benefit from you taking some well-deserved time off? Here we take a look at some of the advantages associated with enjoying a breather from time to time.
One man who understands the pressures of business is globally renowned entrepreneur Chris Niarchos. In a blog post focussing on the importance of taking breaks from the stresses and strains of leading a company, the expert pointed out that if you’re not careful when it comes to taking enough time off, you risk suffering burnout.
The fact is, putting in long hours over a prolonged period of time can take its toll. Ultimately, this approach can jeopardise your mental and physical wellbeing – and in turn this could spell disaster on both a personal and professional level.
Excessive stress and fatigue is an entrepreneur’s worst nightmare. It can mean you work more slowly and inefficiently and it puts you at a higher risk of making mistakes. So, while it may seem counterintuitive, giving yourself breaks from work could raise rather than lower your productivity. Put simply, spending time away from business duties gives you a chance to recharge and so when you return to your tasks, you should find you do so with more energy and focus.
Make your business more robust
Especially if your company’s still relatively young, you might find it difficult to delegate. In turn, this can mean that you’re in sole charge of most if not all of the important tasks. Taking a break forces you to put contingency plans in place to ensure that your organisation can carry on functioning in your absence. In turn, this means that if an emergency happens in the future that means you’re not able to work for a period of time, you’ll already have support networks in place that help your business to cope.
Get a new perspective
When you’re at work constantly, you might find you get bogged down in the day-to-day tasks – and this can prevent you from seeing the bigger picture. By taking time off, you give yourself an opportunity to clear your head and get a different perspective on your company. This can help you to strategize more effectively for the future. You might even increase your chances of having those precious Eureka! moments where you come across a brilliant new idea for your business.