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4 Ways To Beat Burnout As An Entrepreneur

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Running a business this past year has felt like emotional interval training. While the highs and lows of entrepreneurship can be taxing at the best of times, we are all living through an unprecedented level of strain on both our lives and livelihoods–and it can be exhausting.
The toll associated with the relentless pressure to perform leads many business owners towards burnout—a state of emotional, physical and psychological exhaustion. Unchecked, burnout can leave your health and business vulnerable. Entrepreneurship is a long-game and supporting yourself as a critical asset in your success will make the journey–and the end result, equally rewarding. That means sidestepping burnout at all costs.
Dr. Meghan Walker, a naturopathic doctor and “entrepologist” who runs a seven-figure company focused on the health optimization of entrepreneurs and game changers, as well as the host of the Entrepology Podcast, tells us that the good news is we shouldn’t view burnout as a sign of weakness. Instead, think of it as an onboard thermostat designed to alert your body and brain to slow down or correct course. Beating burnout means supporting the system that is supporting you. Here are four ways Walker suggests we beat burnout.

4 Ways To Beat Burnout As An Entrepreneur | Stephanie Burns
Brook Schaal Photography

1. Respect Your Need To Restore
“There was once a time skimping on sleep was viewed with a sense of reverence from colleagues and friends. Those days are gone. In recent years, there has been an overwhelming amount of research showing the loss of creativity, productivity and physiological resilience when we don’t get enough sleep,” says Walker. 

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“Restorative functions for the brain, immune system and hormones are critically addressed while we sleep. While aiming for 8-hours might be a good rule of thumb, even more critical is maximizing the later stages of sleep referred to as “deep sleep” (which is what you need to feel refreshed in the morning) and “REM sleep” (which is when most of your dreaming takes place) on a regular basis. I’m all for the Miracle Morning but REM sleep usually happens later in the morning. To get more REM and deep sleep, you need to maximize your hours of rest.
“Type A people, common among us entrepreneurs, often excel at getting up early but struggle with an equal commitment to going to sleep on time. A consistent pre-midnight bedtime, limiting technology and even using a sleep tracker will help maximize restoration,” explains Walker

2. Manage Your Energy Inventory
“Our bodies are designed to handle stress, even for extended periods of time. But, much like an engine, the quality of fuel we consume will speak to our resilience and stamina. When stress systems are activated your need for nutrients increases as well,” explains Walker. 
“Coffee, while effective in providing a temporary jolt, is not packed with the vitamins and minerals designed to manage stress long-term. Instead, opt for a nutrient-dense, plant-forward diet: think smoothies, greens drinks or color-rich meals, especially early in the day. They assist in restocking your system with vital cellular ingredients.
“Planning is the key to success here. You can have the best of intentions to eat healthfully or post on Instagram every day, but intentions don’t count in your business or your health,” reminds Walker.

3. Reduce Silent Stressors
“Managing burnout is not just about adding things in, it is often about ensuring that we are mindfully taking things out. Drinking alcohol, sitting for long periods of time and absorbing electromagnetic fields (EMF) are three cumulative stressors that add to the overall burden faced by the body. They drain your energy by increasing cellular demands. Mindfully managing your alcohol consumption and adding a standing desk are easy interventions,” says Walker.
“Reducing the electromagnetic fields produced by computers, your phone and wi-fi are important considerations as well. Diminishing the effects of EMFs can be as simple as leaving your phone outside of your bedroom, turning your wi-fi off at night or placing an EMF pad on your desk. Like with money, limiting the drain from quiet, but unnecessary stress adds to both your resilience and energy overall. It is not the things we do every once in a while, but rather the exposures we experience every day over time that will have the most profound impact on our resilience to burnout.”

4. Connect To Your Purpose
“Having surveyed thousands of our patients about their sense of purpose, I had a striking realization. People who had a sense of purpose were less likely to suffer from lingering chronic disease, experienced less anxiety and dealt with less infection,” observed Walker. “Struck by this observation, I consulted the literature and found that clinicians around the world had observed similar findings. Remarkably, having a sense of purpose does not have to relate to your work, but it does need to be present in your life. 
“Based on the influence of purpose on both depression and anxiety, researchers suggest that purpose confers a protective feature against burnout, likely by mitigating the effects of the stress hormone cortisol. Whether your goal is to empower women, help others avoid a chronic illness or make the world a more peaceful place, identify it and fall back on it for strength. Living on and with purpose will not only alleviate burnout, but leave you feeling more fulfilled as well.”

Why Real Estate Professionals Are Turning To Virtual Property Tours

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The pandemic, as well as a surge in Millennial and Gen Z home buying, is fueling demand for virtual … [+] property tours.
Courtesy of Chris Vasilakis
I’ve done virtual keynotes for many real estate conferences in the past year and one of the key trends I’ve noted has been the use of augmented reality (AR) and virtual reality (VR).
High-contact industries are among those that can benefit the most from VR and AR technology
 Prior to the pandemic, virtual property tours weren’t uncommon, but most individuals still preferred to see property in person. Today, that mindset has shifted, with countless buyers turning to virtual property tours first, before committing to see a home in person. Virtual tours have their roots in the computer gaming industry, providing the residential sector with the ability to use 3D and in some cases, VR headsets, to help bring spaces and surrounding areas to life.
While COVID has certainly been the most urgent and immediate factor influencing the rise in VR real estate tours, it’s not the only one. As Millennials and Gen Z become a larger percentage of home buyers, the demand for virtual and mobile real estate services is increasing. These generations have come to expect virtual options for nearly everything, and home buying is no exception.

The next evolution of virtual tours
One of the most advanced companies to bring virtual tours to the masses is Guided Virtual Tours, a rapidly-expanding Tampa-based startup.  
Guided Virtual Tours is different from other virtual tour platforms—unlike traditional virtual tours that require users to click through to different points, this solution guides the prospect through the tour, selling the property just like an agent would. There’s no clicking from point to point or dragging to see different perspectives.

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Instead, the prospect sits back and looks around as the VR leasing agent takes them through the tour. 
In addition, this platform is also the first proactive touring solution in the industry. Because these virtual tours can be posted on a property manager’s YouTube or social profiles, it can automatically generate new leads while giving tours 24 hours a day. 
Founder Chris Vasilakis, an American Mensa member and Marine Corps combat vereran, has a deep background in VR, having implemented it in various scenarios—including hip-hop artist management.  
After founding multiple startups in different industries, he eventually went all in on virtual reality with Guided Virtual Tours. 
According to Vasilakis, tours on his platform can be created at an affordable price, which hasn’t always been the case. “This is the future of touring all properties, allowing thousands of prospects to tour each day while reducing the need for human leasing agents,” he says. “It’ll be global—and it’s going to change the industry.”
It’s safe to say that virtual reality has enormous benefits for the year to come as our real estate landscape recovers and adapts to what I believe will be a big business boom in the near future

They find a speakeasy whose entrance was a fake refrigerator, authorities shut it down

Ignoring the health traffic light, people went to a secret bar to party until the early hours, but were discovered in an operation in the city of Pachuca.
Entrepreneur’s New Year’s Guide
Let the business resources in our guide inspire you and help you achieve your goals in 2021.

January 26, 2021 2 min read

This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process.

Frustration over the closures decreed to prevent the spread of COVID-19 has prompted many to take desperate measures. Despite the red traffic light and health regulations , authorities in Pachuca, Hidalgo , found a clandestine bar where people entered through a false refrigerator .
In an operation to verify that the restrictions are met, authorities in the Hidalgo capital detected the secret bar , which operated until dawn. The creative owners of the premises adapted a refrigerator as a door to enter the back, where they set up the clandestine den.

Hidalgo accumulates to date 30,498 cases of # COVID19 , 4,758 cases of recovered patients and 4,317 deaths according to information from the Institute of Epidemiological Diagnosis and Reference #InDRE of @SSalud_mx .
– Government of Hidalgo (@gobiernohidalgo) January 26, 2021
The municipal authorities closed the establishment , where at the moment 25 young people were gathered. After vacating the place, they proceeded to place the closure stamps , reported El Universal .
The mayor’s office affirms that they do not know how long the secret place operated , but for now in the city of Pachuca the opening of bars, canteens, clubs and nightclubs is prohibited, as well as the sale of alcoholic beverages , since they are not essential products.

How Success Happened for Evan Goldberg of Oracle NetSuite

January 26, 2021 5 min read
Opinions expressed by Entrepreneur contributors are their own.
Listen to Evan on the How Success Happens Podcast
What started with four people in a small office above a hair salon next to a liquor store is today the backbone of more than 24,000 businesses around the world. In my latest episode of How Success Happens, I interviewed Evan Goldberg, the co-founder of the very first cloud software company, Oracle NetSuite.
NetSuite’s software suite gives fast-growing businesses of all sizes – from small to large – the technology to run their most critical business processes—including accounting, enterprise resource planning (ERP), inventory management, customer relationship management (CRM), ecommerce, and human capital management (HCM).  
Evan started his career at Oracle in the late 1980s after graduating with a computer science degree from Harvard. He met Oracle founder Larry Ellison during the interview process—Larry interviewed all the technology job candidates back then—and got placed on the prestigious database team. But Evan’s dream had always been to build software that people use every day. About a year later, he moved to the MacIntosh Group, a new team within Oracle focused on making database software accessible to users. 
That group’s core belief that powerful systems and sophisticated capabilities should be democratized became the mission of NetSuite when Evan and his partners launched the company in 1998. This wasn’t his first entrepreneurial venture, however.
In 1995, Evan left his vice president role at Oracle to launch mBed Software, which had the innovative idea to make it easy for mere mortals to create interactive websites. Although the company built a loyal following, Macromedia’s Flash ended up ruling the space and Evan experienced his first cliché but necessary Silicon Valley failure. Running that company changed everything for Evan, because he experienced the pain of not having adequate systems to run the business.
Related: How Success Happened for Drybar’s Alli Webb
Payroll was disconnected from the accounting function, none of that was connected to the web store system, and they had multiple customer lists for support. Nothing worked together. He sensed an opportunity that led to a conversation with Larry that would not only change Evan’s life forever, but also the lives of dreaming entrepreneurs and future NetSuite customers.  
When Evan raised the idea of developing software to help businesses run more smoothly, Larry suggested starting with basic accounting software and running it on the web, where he said all applications would be run in the future. 
Originally named NetLedger, the company started with developing a web-based accounting system which, as Larry rightfully pointed out, is the heart of any business. Evan had put all of his money in his last company, so he invested $2,000—pretty much all he had—in this venture that was to become NetSuite.
Evan and his partners set to work. When the system was ready, they uploaded their company’s files into their new software – and for the first time, Evan could access information about his business in a browser, anytime and from anywhere. He knew then that this business would work.
But the reality of just how different their business model was hit home when he and his co-founders — all veteran software developers — released version two of their software. Rather than creating the update, throwing it over the wall, and moving on to the next project (which is how on-premises software development worked), their software was a service. Being in the cloud meant that they could constantly improve and enhance their applications and quickly roll out new features to customers. They could disrupt themselves.
From the early days, Evan wasn’t just focused on NetSuite disrupting itself but also helping to extend the power of its platform beyond traditional for-profit organizations. The need for this technology in the not-for-profit sector became all the more apparent in the early days of the company when Evan’s wife was running their school’s PTA group. NetSuite helped the organization move from using multiple spreadsheets to NetSuite. This idea quickly expanded beyond the PTA and became a core tenant of the company. Today, NetSuite has a comprehensive social impact program that provides technology to more than 2,000 charities, globally, and enables its employees to provide their expertise by giving back through pro bono. To date, NetSuite employees have donated 7,000+ pro bono hours to help nonprofit customers get the most out of the platform.
NetSuite grew from that tiny first office into one of the world’s leading cloud-based business management software. The company went public in 2007 and nine years later it was acquired by Oracle, once again bringing Evan and Larry together. NetSuite is showing no signs of slowing down. Evan is still pushing out new innovations twice a year and leveraging its proximity to Oracle. And that thing called the “web” has, in turn, helped usher some of our favorite brands we’ve come to know through growth from ZoomInfo and Modsy to LoveSac, hello Products, Philz Coffee and more. It’s been over 20 years since NetSuite first started, and through all the change, the company’s focus on helping entrepreneurs achieve their visions and grow with cloud-based applications has remained unchanged. 
 

Waymo CEO Tells Tesla Their Autonomous Car Diving System Is, 'Not How It Is Done'

John Krafcik, assured that for his company, Tesla is not a competitor in this market.
Entrepreneur’s New Year’s Guide
Let the business resources in our guide inspire you and help you achieve your goals in 2021.

January 26, 2021 2 min read

This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process.

John Krafcik , CEO of Waymo , a subsidiary of Alphabet , commented that Tesla has taken the wrong approach in developing its “total driving system” for autonomous cars, according to an interview he conducted for a German business outlet.
“It is a mistake to think that you can simply develop a driver assistance system and that one day you can magically jump to a fully autonomous driving system,” said the executive, in an interview with Manager Magazine .
Also, Krafcik, assured that for his company, Tesla is not a competitor in this segment. “For us, Tesla is not a competitor at all at all,” he said.
The CEO explained that Waymo manufactures a vehicle that is completely autonomous while Elon Musk’s company is developing a driver assistance system, which he described as “pretty good.”
Waymo VS Tesla
As reported Business Insider, the companies started a controversy recently when Waymo decided to implement the termself-driving to refer to its fully autonomous cars. This could be interpreted as an attack on Musk’s company that used the same expression for its system.
Tesla defines its ” autopilot ” as the “future of autonomous driving.” The Alphabet affiliate criticizedthe use of the term on its blog, saying, “We hope consistency helps differentiate the fully autonomous technology that Waymo is developing from the driver assistance technologies (sometimes mistakenly referred to as ‘autonomous driving’ technologies) that require supervising licensed human drivers for safe operation ”.