The Balancing Act of Solo Entrepreneurs: A Closer Look at Their Struggles

The life of a solo entrepreneur is often romanticized, but the reality is far from glamorous. These individuals juggle multiple roles, and this constant balancing act can take a toll on their well-being. A recent survey shed light on the unique challenges faced by solo entrepreneurs, particularly in Korea, where this segment of the workforce is growing rapidly.

Key Findings from the Survey

The survey, which included over 12,000 participants, revealed that work-life conflict is a significant issue. It's not just about the long hours; it's about the blurred lines between work and personal life. This constant juggling act can lead to:

• Sleep disorders
• Job burnout
• Negative impacts on mental health

Interestingly, the study also found that life-work conflict, where personal life interferes with work, had a negative association with sleep disorders. This suggests that the relationship between work and personal life is complex and multifaceted.

Unique Challenges for Solo Entrepreneurs

The study highlighted that solo entrepreneurs experience:

• Work-life conflict
• Life-work conflict
• Job burnout

Differently compared to regular employees. This is not surprising, as the responsibilities and pressures of managing a business single-handedly can be overwhelming.

The Need for Better Support Systems

The findings underscore the need for better support systems for solo entrepreneurs to help them manage these challenges effectively.