Categories: Enterteiment

Burn-out: the scourge that consumes the world of entrepreneurship

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© Andrey_Popov/Shutterstock.com

According to a study conducted by the CSA Institute for the Willa and Harmonie Mutuelle association, 38% of French entrepreneurs have a moderate or high risk of burnout. A trend that is even more pronounced among women.

Women even more affected

The study, called the panorama of the mental health of entrepreneurs, was carried out among 723 female entrepreneurs and entrepreneurs working in tech and innovation. And its results are cause for concern. 72% of business founders describe their physical and/or mental state as “bad, a proportion that rises to 75% among women, compared to 64% among men.

This disparity highlights an increased vulnerability among female entrepreneurs, who must deal with specific and cumulative challenges“, the authors specify. Searching for clients, workload, difficulties in balancing professional and personal life are all factors cited by the respondents. 61% of them consider their mental load to be high, and nearly 72% say that it has increased since the creation of their company.

The scale of the phenomenon is such that 42% of women surveyed report having suffered a burnout, compared to 28% of men. 6% of respondents are currently overworked. As a reminder, burnout, also known as burnout syndrome, is a state of physical, emotional and mental fatigue linked to chronic stress at work. This finding is consistent with that of another study, reporting an increased burnout rate in the digital world.

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«Entrepreneurial success should not come at the expense of personal well-being: it is both an economic issue and a public health issue. It is urgent that the ecosystem mobilizes to support entrepreneurs, offer them suitable support and create favorable conditions for their development, both professionally and personally », reacts Flore Egnell, General Delegate of Willa.

Unsuitable support

Because the study reveals another reality: support for people suffering from burnout is still too low, while demand is increasing. Thus, 65% of entrepreneurs admit to never having found out about mental health. And those who do do not necessarily turn to the most suitable solutions.

35% of them seek advice from other entrepreneurs, while an additional 35% seek help in books on personal development, leaving aside professional support. 37% seek coaching, and 29% advocate for covering the costs of psychological support.

“The mental health of entrepreneurs must become a priority. This study demonstrates the importance of prevention and support, which are currently insufficient. The healthcare system must reinvent itself to offer entrepreneurs adapted and accessible prevention solutions, in particular through awareness-raising actions, psychological support and specific support systems ”, notes Eric Favrou, marketing director for the entrepreneur market at Harmonie Mutuelle.

  • According to a new study, 72% of business founders describe their physical and/or mental state as “bad,” a proportion that rises to 75% among women, compared to 64% among men.
  • 42% of women surveyed report having suffered burnout, compared to 28% among men.
  • Entrepreneurs are looking for support, but the support is not necessarily appropriate.

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Teilor Stone

Teilor Stone has been a reporter on the news desk since 2013. Before that she wrote about young adolescence and family dynamics for Styles and was the legal affairs correspondent for the Metro desk. Before joining Thesaxon , Teilor Stone worked as a staff writer at the Village Voice and a freelancer for Newsday, The Wall Street Journal, GQ and Mirabella. To get in touch, contact me through my teilor@nizhtimes.com 1-800-268-7116

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