Skip to main content

Burning Out

 



I would like to engage on what I am going through and this is something that I am currently struggling with. This is a big contributor to my tiredness and counter productiveness.  As a young person who is passionate about change and working hard I have a problem of saying yes to every exciting new project, forgetting that I actually have work to do but I always tell myself that I will balance. There is a problem with wanting to be part of every vehicle that is moving in the name of change and business opportunities. I tend to find myself in the cross fire as I am needed to be in many places at once. I would make an example of what happened this weekend. I happen to be part of a board of directors of a certain organisation and we had to meet and perform certain tasks but I had clients I had to attend, this then made me to be 3 hours late for the meeting with the board, imagine an entire director late by 3 hours? This made me incompetent and there was no way I could not attend my business.  Now again having to attend the meeting would have made me incompetent because I would have to be absent from my business. This has been a tricky weekend. This is something that I am currently struggling with and I feel that I need to re-evaluate everything I do because this has been a prevalent trend lately. I was thinking about my slow progress in my business and I realized that it is because of these other projects that I tend to engage in, yes I make time for all of them but I am giving 20% in everything which makes things mediocre. I am burned out because of the 20%s I give out. What is happening reminds me of how one is not running a business but is the business, if absent then business is closed. This issue affects everything one does.  Introspection is needed because we tend to take long in everything because of other things we are busy with, they are not bad things but they take our time away from focusing on the main thing, actually you even forget which one is the main. We need to learn to have one project at time then start another after completion. Right now I need to devise a plan on how to excuse myself from other projects. This can happen any one and can go on for a very long period of time, but again we always need to keep our eyes out for this trend.

Innovate and Add Value

Comments

Popular posts from this blog

Understanding Financial Reports: A Guide for Business Owners

Financial reporting is a fundamental aspect of any business, large or small. It involves the creation and presentation of financial data that reflects the company's financial health, performance, and economic standing. While many people are familiar with the term “financial statements,” financial reporting encompasses more than just the end-of-year profit and loss figures.  What is Financial Reporting? At its core, financial reporting is the process of compiling and presenting financial data to provide a clear picture of a company’s operations and financial status. It includes a wide range of reports such as balance sheets, income statements, cash flow statements, and more. These reports help business leaders, investors, and other stakeholders make informed decisions about the company’s future. However, it’s important to note that financial reporting isn't just about creating these formal documents. It also involves ongoing tracking and recording of financial transactions to en...

Why Recording Transactions is Crucial for Business

Accurate transaction recording is the backbone of any successful business. Whether small or large, businesses must maintain proper financial records to track income, expenses, and financial health. In South Africa, where compliance with tax and financial regulations is crucial, proper bookkeeping ensures smooth operations and legal adherence. Today we explore the significance of recording transactions, the role of source documents, the necessity of securely storing invoices, slips, and bank statements, and what the IFRS for SMEs requires regarding transaction recording.  Why Recording Transactions Matters Recording transactions systematically helps businesses in several ways: Financial Accuracy: Ensures businesses track profits and losses accurately. Legal and Tax Compliance: Proper records are essential for SARS (South African Revenue Service) tax filings. Business Decision-Making: Clear financial records help in making informed investment and operational decisions. Fraud P...

Supply

  Supply- supply is the amount of a resource that firms, producers, labourers, providers of financial assets, or other economic agents are willing and able to provide to the marketplace or to an individual. Supply can be in produced goods, labour time, raw materials, or any other scarce or valuable object ( WikiPedia) I found this topic to be of great interest in a sense that one can be in and out of business because of a supplier. Demand and supply makes up the foundation of an economy. In business we can have an obstacle of a supplier. Recently I have halted selling a product due to a problem I had with a supplier. The supplier ran out of business and it was difficult to even find another supplier nearby. A supplier can increase prices meaning you also have to increase your prices. This seems simple but it tends to be difficult to maintain one’s clientele in such a situation.   This problem of suppliers come with the risk of running a business, one must always be on the look...