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May 10, 2023

099. How To Deal With Burnout feat. Alex Raymond @ Conscious Entrepreneur Summit

099. How To Deal With Burnout feat. Alex Raymond @ Conscious Entrepreneur Summit

How do you recognize signs of your own burnout?

What do you do about it?

Go on vacation? Probably not. Vacations are great and needed, but burnout is something deeper.


About The Conscious Entrepreneur Summit
The Conscious Entrepreneur Summit is shaping up to be one of the top Founder/CEO events of the year. This is the only in-person event that is 100% dedicated to the well-being of entrepreneurs. Speakers include world-class executive coaches, best-selling authors, CEOs who are building world-changing companies. Details at https://consciousentrepreneur.us/ and make sure to use code SPRINGTIME for $150 off your ticket.

About SpringTime Ventures
SpringTime Ventures seeds high-growth startups in healthcare, fintech, logistics, and marketplace businesses. We look for founders with domain expertise, forging a path with a truly transformative technology. We only invest in software-based businesses in the USA. We bring a people-focused approach, work quickly, and reach conviction independently. Our initial check size is $600k. You can learn more about us and our approach.   

About Rich Maloy
Rich’s mission is to rebuild the American dream through entrepreneurship. He believes technology gives all people the opportunity to grow, learn and earn. He is a Managing Partner at SpringTime Ventures and the host of the VC Minute podcast. With prior careers in finance and sales, he's been focused on the startup ecosystem for over a dozen years. He's a father of two young children and loves sci-fi, skiing, and video games.  



Transcript
Alex Raymond:

One of the stories that comes up for me is the story of burnout and what it feels like to just be totally exhausted and burned down.And that has happened to me.When burnout has happened,it literally feels as though I don't care about anything that's going on and I can disassociate from meetings and conversations and I just sort of feel like,you know what?You know,whatever it is,I'm not interested.These are all really important telltale signs of burnout.Burnout is something that could be really,really bad for you,bad for your company,and bad for you as an individual.And there's a misperception out there that the cure to burnout is rest,or sleep,or a vacation or something like that.That's the misperception about how to cure burnout.So when I was going through this,people that see me would be like,"Hey,are you okay?Why don't you take a vacation or go for a hike,or put your feet up?"Those are all things that can be helpful.But if you really have burnout which says,Hey,I'm,I'm exhausted.I'm disconnected from myself.I don't have the passion that I used to have for stuff anymore.Those are typically signs of a bigger problem.Now,when I went through this,what I found was most helpful in dealing was actually tapping into a community and sharing how I felt.When I was going through burnout,the last thing I wanted to do,Rich,was talk about it.And at the same time,the most effective thing I could do was talk about it.So I did it with a close group,actually have other entrepreneurs and CEOs,but a close group of friends,entrepreneurs and CEOs,who I could go to and I could say,Hey,right now I'm feeling totally burned out.I've lost my passion.I've lost my energy.I literally don't give a shit about anything anymore."Just talking to them and realizing,hey,this isn't permanent,right?Which is one of the misconceptions that you can get into in your burnout.You think this is never gonna end.You say,Hey,this isn't permanent.This is just a phase I'm going through and this is not gonna be the end of everything.I'm gonna get through this,we're gonna come out the other side.So recognizing that that's happening,finding one or two or small group of people that you can have a conversation with where you can feel open and safe and relaxed is really,really helpful in dealing with that burnout.The unhelpful stuff,like I mentioned is go on vacation or,you know,go do this or that,and that's really not going to solve the underlying issue of burnout.