Thrive Global November, 2020
by: Stewart Thornhill, Executive Director at The Zell Lurie Institute for Entrepreneurial Studies
Almost everywhere you turn today, you’ll see an ongoing debate over how people should use their time at home during stay-at-home advisories. Some argue now is the time to focus on self-improvement, exercise, and learning new skills, while others recognize the stressful realities of working from home, worrying about the pandemic, and, for some, parenting or managing other personal responsibilities. For entrepreneurs, this argument adds to a “no days off” attitude that often permeates the startup space and can leave those currently running businesses under more pressure than ever before.
It’s no secret that building a company from the ground up is a massive undertaking, and the stress of starting a new business has been known to negatively impact entrepreneurs’ physical and mental health. Now, add in the stressors of a global pandemic, and the negative impact multiplies. According to a report by Michael Freeman, of the Department of Psychiatry at the University of California San Francisco School of Medicine, 72% of entrepreneurs self-reported mental health concerns, and 49% reported having one or more lifetime mental health conditions.
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