Entrepreneurs and small business owners continue to struggle with finding an acceptable work/life balance. Those are the findings of the American Express Small Business Monitor which surveys small business owners on a semi-annual basis. While many (81%) are happy with the amount of “downtime” they currently have, they aren’t so happy with the stress involved in having to carve that time out for themselves.
The survey found that:
- 64% find it stressful balancing their personal life and their business.
- 67% find themselves making sacrifices in order to be an entrepreneur.
- 64% make personal time for themselves during the business day.
So just why is downtime so important? Well, it just might come into play when you’re trying to come up with new ideas for your business. As the survey indicated, more than one-third of entrepreneurs (35%) report coming up with their best ideas during “down-time”.« Return to all articles