Why founders are happier than staffers

Why founders are happier than staffers

Recent studies show some rather interesting comparisons between the happiness of entrepreneurs and their employees. The long and short: founders are generally happier than their staff. This boils down to a couple of reasons, namely:

1. Founders are physically healthier

One piece of research conducted by Baylor University and Louisiana State University found that entrepreneurs have healthier physiques than the average worker. They get sick less often, so they have to take fewer days off due to illness. Unsurprisingly, they go to the doctor less frequently than salaried employees. All these contribute to a better quality of life and higher living satisfaction for founders.

2. Entrepreneurs have more control over their work

Wharton has published a study that reveals how greater control over their employment increases the entrepreneurs’ happiness. This degree of control lets them better balance their work with their personal lives, allowing for much better mental wellbeing than salaried workers. Additionally, the fact that they’re reaping the most benefits from their business revenue is also a big factor – after all, money can actually buy some happiness.

No need to start a business to be as happy as your bosses

Yes, entrepreneurs are generally happier than worker bees, but the buck does not stop with those running successful companies. The same is true for people who have just founded their startups and are first-time entrepreneurs. These entrepreneurs are going through the roughest time of their business’s life cycle, but how do they keep themselves happy?

The answer lies in the entrepreneurial mindset. This means that you really don’t have to start your own business to be as happy as many entrepreneurs; you only need to think like one. Here’s how, as shared by to Spanx founder Sara Blakely:

  • Find a sense of control over your work. While employees don’t really get much choice over the work they do, they still maintain the agency on how they can work on their tasks. It will help to think about how you get to do your job from scratch. Coming up with innovative solutions and processes makes work so much more fulfilling.
  • Seek autonomy. Unless you’re being micromanaged, you have the ability to prioritise tasks, allotting the necessary time and effort into individual chunks of your work. This sense of ownership leads to productivity and, ultimately, satisfaction.
  • Don’t think on autopilot. Acting like an office drone is a great way to drain your energy at the end of the day. Instead, look at how your work contributes to your organisation’s overarching goals, derive a sense of purpose from it, and find ways to do it better. 

About Sam P

EnterpriseZone Staff Writer

Leave a Reply