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Amsterdam — A new study from the University of Amsterdam suggests that entrepreneurs are not at greater risk of burnout, even though they often work longer hours than salaried workers. In fact, the authors of the study said that the risk of burnout is actually small on average among entrepreneurs, thanks to the “positive psychological effects of entrepreneurial work.”
Given how common burnout and overstress have become in the business world, the researchers believe workers of all kinds could benefit from these findings. Although many previous studies have focused on the syndrome and workaholism, none have specifically analyzed entrepreneurs.
A team in Amsterdam has compiled the first major study investigating the link between entrepreneurship and burnout. In all, his 348 entrepreneurs and his 1,002 employees were tracked for up to six months. Data were collected before his COVID-19 pandemic.
“There seems to be a paradox of positive workaholism because entrepreneurs are so committed to their work that they see less recovery in their daily work after regular working hours. Why is it guarded?So we also looked at the main mechanisms associated with burnout and work engagement,” said UvA Entrepreneurship Professor Martin Obshonka in a university release.
The approach taken by the research team has fostered new insights into the psychological benefits of working as an entrepreneur, they explain.
“In fact, entrepreneurial jobs seem to have fewer day-to-day work stressors, such as work pressure, time pressure, and administrative tasks, compared to paid jobs,” commented Professor Obshonka. “Furthermore, entrepreneurship offers entrepreneurs a high degree of autonomy in their personal work. As a result, not only do their jobs give them more energy and a positive state of mind than salaried workers on average, they are also happier and more satisfied with their jobs. On average, entrepreneurship seems to make people happier.”
In particular, entrepreneurs who run their businesses alone—that is, entrepreneurs who are not responsible for other employees—showed the lowest risk of burnout. But when it comes to expanding your business and hiring more people, you’re more likely to burn out. According to Obshonka, it’s important for entrepreneurs to recognize this, as well as the high risk of employee burnout.
The authors of the study noted that more entrepreneurial approaches, such as in-house entrepreneurship in large organizations, could be beneficial for those of us with salaried income and help reduce the risk of burnout. I’m here. This can be especially useful for employees in high-risk jobs that require a strong commitment to work.
“If we can maximize the psychological utility of working as an entrepreneur, we will not only benefit from personal gains in the entrepreneurial sector, but also the wider, healthier, motivated, and well-remunerated entrepreneurs who will run their businesses. The promise is that the house will grow and collectively generate profits, with broader social and economic benefits,” Professor Obshonka concludes.
This research Journal of Business Ventures.
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