Friday, September 28, 2007 at 11:30pm by Site Administrator
Bootstrapping, for the right person, affords incredible freedom to experiment however you like, since your only cost is time. If you’re following the principles of bootstrapping, you’re spending minimal capital. The drawback is that you can get caught up in all that “free effort” and forget what’s important: keeping the business going while you experiment.
It’s easy to tell yourself that it’s just time and if you find something worthwhile in your experiments, it may pay off big. But if you’re constantly getting distracted, your necessary efforts suffer, and you might approach burnout without realizing it. Here are a few signs of impending or actual burnout.
- Getting fatigued from work activities you used to enjoy.
- Dragging your heels on learning a skill that you know you need.
- Getting less work done in the same amount of time.
- Getting the “thousand yard stare” where you’re trying to work but finding your’re staring at walls, windows or even your computer screen.
- Little desire to get up in the morning.
These are just some of the signs that I find to be most common, and it means any or all of the following:
- You need a break.
- You need to reevaluate your priorities.
- You need to value your time and limit experimental, non-revenue producing activities.
If you’ve confined your entrepreneurial activities to online businesses, particularly blogging, check out Performancing’s 23 Simple Health Tips for Bloggers. Keep in mind, of course, that the flipside is that you’re doing too much work yourself instead of delegating tasks.
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