A recent survey of 7,000 small and medium-size business owners in the UK shows that as much as 43% experience rising stress levels. This is due to various factors, majority of which involve an unsure business environment in some sectors.
For instance, business owners are said to be facing constant pressure in terms of competition from the global market (after all, who could compete with low-cost labour countries such as China?). The study also points out the number of holidays in a year taken by the respondents as a factor to reducing stress.
Here’s a great tip for business owners and those planning to start a company: don’t work hard; work smart! That goes against the age-old tradition of working hard, does it? Well, working hard involves putting in a great amount of time and effort onto one’s craft. But working smart involves coming up with creative business solutions to achieve the same amount of output with less effort. And with less effort means more time to relax and spend on much-deserved vacations and holidays.
Worth considering, eh?