Business supportThis Mental Health Day: Why wellbeing is every entrepreneur’s best investment

This Mental Health Day: Why wellbeing is every entrepreneur’s best investment

World Mental Health Day is celebrated every year on October 10.

Today’s theme, set by the World Federation of Mental Health, is workplace mental health. The theme highlights the importance of addressing mental health and wellbeing in the workplace, for the benefit of people, organisations, and communities.

Business Manchester spoke to Yvonne Sampson, head of enterprise at GM Business Growth Hub, about the vital role of wellbeing in entrepreneurship and how prioritising personal health can help business owners across the county build stronger, more sustainable enterprises.

EnterprisingYou is a programme delivered by GM Business Growth hub, tailored to support those with a budding business idea, those ready to start a business or established self-employed individuals, freelancers and gig economy workers in Greater Manchester. Through the programme, entrepreneurs are offered not only advisors but cheerleaders – people who help them through difficult times and celebrate their wins.

Wellbeing is often sidelined in the pursuit of success. Yet, at Enterprising You’s recent ‘Make Wellbeing Your Business’ event, the message was clear: wellbeing isn’t just a personal responsibility – it’s a business one too.

Why does wellbeing matter?

Entrepreneurs, start-up founders, and self-employed individuals are the lifeblood of small business economies. But without a focus on their own mental and physical health, the very businesses they build are at risk.

‘Make Wellbeing Your Business’ was designed specifically for the self-employed across Greater Manchester and highlighted one resounding truth: the wellbeing of business owners drives the wellbeing of their business. Attendees participated in a day full of workshops and conversations, each geared toward equipping them with the tools needed to build not just a sustainable business but a sustainable lifestyle.

Yvonne’s story: wellbeing as a business imperative

“My journey is one that resonates with many self-employed individuals,£ Yvonne said.

“After an unexpected redundancy, followed by the tragic loss of my husband, I was left raising my young daughter while trying to build and manage my business. It didn’t take long to realise that if I neglected my own wellbeing, everything else would crumble. I had to look after myself before I could look after my business.”

Being self-employed comes with immense freedom but also overwhelming responsibility. According to Founder Reports, 87.7% of entrepreneurs struggle with at least one mental health issue. There is no buffer, no ‘sick leave,’ no backup that you have in an ordinary job. The weight of financial pressures, client demands, and personal expectations can lead to disastrous consequences. 45.8% of entrepreneurs struggle with high stress, 34.4% of entrepreneurs experience burnout, and 50.2% of entrepreneurs struggle with anxiety.

Yvonne added: “For those like me, these challenges are compounded by the realities of running a business while juggling family commitments and responsibilities. As great as having your own business can be, it can also be isolating. Yet it was my toughest moments that made me appreciate the value of wellbeing. Whether it was a simple self-care routine or a trip to the hairdresser, focusing on myself made me a better business owner and mother. Focusing on myself was the best thing I could have done.”

Strategies for wellbeing

In a survey of 227 entrepreneurs from 46 different countries, only 18.5% of respondents said they were aware of mental health resources specifically tailored for entrepreneurs and business owners. It’s clear this community needs access to resources and support.

The recent ‘Make Wellbeing Your Business’ event provided practical, actionable steps for entrepreneurs to integrate wellbeing into their daily routines through a series of workshops. The Self-Awareness workshop urged participants to check their own “fitness for purpose” by understanding what makes them tick and how they could adjust their approach as their business grows.

Shifting your mindset can also have profound effects on both personal and professional outcomes. Mindset Matters was a workshop filled with positivity, resilience, and motivational strategies. It’s often our internal thought patterns, not external factors, that hold us back, and attendees learned simple techniques to stay focused, positive, and goal oriented.

The SKAR framework was another workshop that offered practical advice to self-employed individuals. It focused on mapping out the skills, knowledge, attitude, and routines necessary for the next phase of a business journey. Using this model has helped countless businesses to regain control during a time when their business had been overwhelmed by the impacts of COVID-19.

And it’s not all about skills and strategies. Fostering the power of creative and physical outlets can combat isolation and foster a connection with yourself. Workshops like Clay Play and Therapy through Art helped attendees tap into their artistic side. For the self-employed, loneliness is an ever-present threat, but the experiences shared in these sessions helped entrepreneurs reconnect with their inner creativity, reducing feelings of isolation and stress.

Helen Greaney
Helen Greaney
I'm a journalist with more than 18 years' experience on local, regional and national newspapers, as well as PR and digital marketing. Crime and the courts is my specialist area but I'm also keen to hear your stories concerning Manchester and the greater North West region.
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