It’s vital for small and medium enterprise owners to put their mental well-being first when times get tough.
For many small and medium enterprise owners, running a business isn’t just a job but an integral part of who they are. The boundaries between personal and business life often blur, meaning that the health of their businesses is inextricably tied to their personal, emotional and mental well-being. This means that the many unique challenges facing these business owners can have a profound impact on their mental health.
Individually, each of these factors makes owning and running a business more difficult. Combined, they can take a massive toll on the mental well-being of any SME owner. Then, of course, there are the inevitable financial concerns. Juggling finances, worrying about cash flow and wages, as well as making sure that the business doors stay open from month to month can be overwhelming and is a constant source of stress for most entrepreneurs. There are many ways and self-help tools to protect your mental well-being as you progress on your entrepreneurial journey. The first is to put self-care first. This isn’t a luxury – it’s a necessity.
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