A study of SME business owners carried out by Xero in February 2019 found that more than eight in 10 (83 per cent) have experienced stress in the past six months. Almost half (49 per cent) saying they have been more stressed than normal and 17 per cent admitted they are ‘highly stressed’. One in 10 admitted the stresses of running a business resulted in a negative impact on their mental health; causing sleepless nights (41 per cent), drinking more alcohol (21 per cent) and arguments at home (13 per cent).
The survey revealed that the main causes of business stress are: managing staff (42 per cent), admin (35 per cent), feeling personally responsible for the success of the company (31 per cent) and filing taxes (19 per cent). One in ten (11 per cent) felt vulnerable to economic conditions and one in four (26 per cent) admitted feeling stressed by compliance.
Regardless of how successful your business is, we can all suffer from stress, whether it’s due to pressure of work when things are going well, or when facing challenges. This workshop will give you advice and tips about how to recognise stress and most important of all, how to deal with it.
WHAT WILL BE COVERED?
- What is stress?
- The effects of stress.
- Signs and symptoms of stress.
- Causes of stress.
- Dealing with stress.
- Handling stress.
WHAT WILL YOU LEARN?
- Understanding what stress is – good and bad.
- Identifying the signs of stress.
- Realising you are NOT alone.
- Learning to talk about stress.
- Things to do that can help reduce stress.
MEET THE HOST
Pete Higgins is a serial entrepreneur and a member of the WeDO Scotland Executive Team. Like many people, Pete experienced stress on a day to day basis and thought it was just part of the job of running a business. Then something happened last year that made him realise that this was not right, things had to change, and change fast.
Pete now works with start ups, university spin outs and established companies looking to grow. Not only does he assist with the funding and commercial aspects, Pete will take an operational look at things, helping to put systems and processes in place not just for the business, but for staff welfare too.