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IoD Scotland Autumn 2021

Institute of Directors Scotland, business magazine, directors

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Technical briefing: Tech matters<br />

Beating<br />

burnout:<br />

Why it’s vital you<br />

take time out<br />

Arthritis & repetitive strain<br />

From spending so much time<br />

on laptop/phone<br />

Bloating<br />

Due to digestive problems<br />

caused by stress<br />

Overweight<br />

Has a high risk of diabetes<br />

and heart disease due to not<br />

prioritising health and diet<br />

Headaches<br />

Caused by stress,<br />

excessive screen time<br />

and intense pressure<br />

Hunchback<br />

Tension in back<br />

and neck caused<br />

by stress. A<br />

constant feeling<br />

of being weighed<br />

down<br />

Coffee stained shirt<br />

Addicted to caffeine<br />

Four out of ten entrepreneurs are reported to have experienced a form<br />

of burnout in the last year, coinciding with a call to introduce a four-day<br />

working week for all landing on Scottish Government policymakers’ desks.<br />

Something’s got to give, says industry commentator Bill Magee.<br />

A survey conducted by<br />

UK business financial<br />

platform Tide, chaired<br />

by the University<br />

of Edinburgh<br />

mathematical<br />

science graduate<br />

and former London<br />

Stock Exchange Group chair Sir Donald<br />

Brydon, highlights how burnout is<br />

increasingly affecting entrepreneurs<br />

running their own businesses.<br />

Tide’s chief administrative officer,<br />

Liza Haskell, points out that while hard<br />

work is required to make a success of<br />

an enterprise, it should not come at the<br />

expense of one’s health.<br />

Long hours may appear productive<br />

“in the moment” but over the long-term,<br />

the side effects of burnout – fatigue,<br />

reduced performance, lack of motivation<br />

– are likely to hinder progress, both<br />

personally and of the business.<br />

As the study reported a 40 per cent<br />

entrepreneurial burnout rate, it was<br />

stressed how important it is to step back<br />

and reassess one’s current lifestyle: try<br />

putting in place boundaries to create<br />

work-life balance, take regular breaks,<br />

look after your physical and mental<br />

wellbeing and seek additional support, if<br />

required.<br />

Healthcare professional Lee Chambers<br />

was asked to visualise how burnout<br />

could negatively impact and shape<br />

entrepreneurial performance.<br />

The research report in full is located<br />

here.<br />

What is burnout?<br />

A life of constant hustling can lead to<br />

burnout, a very real phenomenon that<br />

can manifest itself in a variety of mental<br />

and physical ways that can have a vastly<br />

negative impact on the lives of hustling<br />

entrepreneurs.<br />

In 2019, the World Health Organisation<br />

recognised burnout as a new syndrome<br />

and described it as “a syndrome<br />

conceptualised as resulting from chronic<br />

workplace stress that has not been<br />

successfully managed”.<br />

Physical and mental symptoms of<br />

burnout include:<br />

n Feeling tense and weighed down<br />

n Increased stress and fatigue<br />

n High blood pressure<br />

n Risk of Diabetes and Heart Disease<br />

n Reduced workplace performance<br />

n Lack of purpose<br />

n Loss of physical and mental<br />

wellbeing<br />

n Becoming detached from friends<br />

and family<br />

n Loss of our own esteem and identity<br />

Who is at risk from burnout?<br />

Burnout can manifest itself in different<br />

forms, and certain occupations can<br />

increase your potential chance of being<br />

burnt out. It’s a very individual condition,<br />

with people presenting very differently.<br />

Those at higher risk of burnout are<br />

in positions that involve seeing trauma,<br />

having to detach from emotive work,<br />

have long hours, and that are regularly<br />

judged and assessed.<br />

Those who work in hospitals and<br />

veterinary surgeries, therapists and<br />

teachers, social workers and law<br />

enforcement are all at a higher risk due<br />

to the nature of their jobs.<br />

Entrepreneurs are increasingly at risk<br />

as overworking is glamourised, they are<br />

less likely to have colleagues to keep<br />

them accountable to balance or identify<br />

the signs, and ‘hustling’ is advertised<br />

as a prerequisite of being a successful<br />

entrepreneur.<br />

20 iod.com<br />

<strong>Autumn</strong> <strong>2021</strong>

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