Starting a small business can be one of the most rewarding experiences that a person can have. If, the entrepreneur knows what it takes to get the business started and also making a profit. In addition to money and resources, there is a time and “sweat equity” factor that plays into the equation. What many entrepreneurs must realize is that it takes a great deal of energy to keep the wheels of your operation moving together. Entrepreneurs need to take time away from the business to regain lost energy, thus taking a vacation is an important part of your strategy.
A recent study done by Information Strategies, Inc. is stating that entrepreneurs take only 5.5 days of vacation a year, compared to 14 by the average American. Among their other findings:
·41% had not taken a vacation of more than seven days in the past two years.
·33% had not taken a vacation in two years.
·27% said they did not expect to take a vacation this year.
·31% had not been abroad in three years.
·41% said their business suffered when they were on vacation.
·44% said their families had taken vacations without them.
Rather high numbers, but just goes to show that the entrepreneur is putting in the work for their business. Let’s also think about the reasons for starting your business now. I’m sure one of them was to have more time to spend with friends and family. Might be a little confusing now…huh?
It is good to know that you are the entrepreneur type before starting a business. Once you know that you are, you then move to your business idea and starting planning your business. By properly planning to prohibit poor performance, you will have your business profitable, use less energy, and enjoy more vacations.
For more information on finding out if you are an entrepreneur, stop by for one of our seminars starting next month (June 12th) at the College Park Library Atlanta, GA. More information is on our website below.
Keeping your Business N Synergy and Using Less Energy