A Good Business Plan Helps Prevent Burnout
You can’t do it all, and the minor challenge of burnout in your 20’s can become a major challenge in your 50’s. A good business plan can help with that.
CHICAGO – As real estate professionals form their business strategy for the coming year, they should set goals that have a realistic timeframe.
It’s important to focus on the day-to-day activities that bring agents closer to their goal. These activities should be compiled in an annual business plan that serves as the agent’s guide on a daily, weekly and quarterly basis.
One element that should be included in the plan – and often is not – is burnout prevention to counter the daily pressures of working on full commission. Agents should add self-care into their business plan in order to function better. This self-care can include:
- Physical habits, such as working out and stopping screen time 30 minutes before sleeping
- Lifestyle habits, such as trying a new creative outlet, developing a daily routine and setting boundaries for work-life balance
- Spiritual connections, such as meditation, prayer and relaxation techniques
- Social support activities, such as joining a club and spending more time with friends and family
- Mental and emotional practices, such as scheduling 20 to 30 minutes to relax while listening to a podcast
It’s not just something agents should do for themselves. When they carve out time for self-care, they help avoid burnout while also presenting their best selves to clients. Ultimately, taking breaks during the day will help the business become more efficient.
If burnout has led to health issues, though, agents should also consult their health care provider.
Source: Realtor Magazine (12/01/22) Wrenn, Brittany
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