It’s been a busy week for me: Tuesday brought our annual event for TAB members – always a highlight for me – and on Wednesday I was at York races. Just remind me again: when it rains at York it’s low numbers in the draw isn’t it? Or is it high?
By the time I’d worked it out the damage had been done…
But I was in great company and – despite the rain – it was a thoroughly enjoyable day. So having been outside in the rain yesterday this morning I’m obviously at my desk as the May sun shines steadily in through the window.
…Which seems entirely inappropriate as this week I’m going to write about mental health and depression, something which a significant number of people are understandably – but regrettably – unwilling to talk about at work.
First, some stats:
- In 2015/16 30.4m working days were lost due to self-reported work related injury or illness: only 4.5m of these were due to a workplace injury
- On average injuries saw people take 7.2 days of work: ill health meant 20 days off work
- Stress, depression and anxiety – plus musculoskeletal disorders – accounted for the majority of the days lost: 11.7m and 8.8m days respectively
- The average number of days off for stress, depression or anxiety was 24: for musculoskeletal problems it was 16 days
I think those numbers are significant: 24 days for stress, depression and anxiety – that’s effectively five weeks off. To a small business a key employee having five weeks off can have a catastrophic effect. You can’t recruit someone: if you get someone on a short term contract it’s five weeks before they’re fully up to speed. It is simply a hole punched below the waterline for five weeks.
Two weeks ago it was mental health awareness week: worryingly, a recent survey for BBC 5 Live found that half of us would still be reluctant to speak up at work if we had – or thought we were heading for – a mental health problem. 49% of those surveyed said they would feel unable to tell their boss about problems such as anxiety or depression. Even fewer – just one person in three – said they’d be happy to tell colleagues.
As someone running a business you want to hire and retain the best people – but you need those people to be working efficiently and effectively. You also want them to be happy and healthy: as I’ve written before, health, fitness and performing well at work go hand in hand. More and more businesses will introduce ‘wellness’ programmes for their employees, covering everything from flexible working to help with emotional and psychological problems: if you’re not looking at it already, now would be a good time to start.
So much for the team: what about you?
Being an entrepreneur is a lonely business: it is also stressful and the feeling that the buck – and everyone’s livelihood – stops at your desk can be all too real.
It can also be a macho business: many people – men and women – constantly feel the need to act the part. In some ways I can understand that: confidence can be a currency, especially if you have outside investors to deal with. No round of financing is going to be helped by, ‘I’m depressed’ or ‘I’m having doubts.’
But we’re not always ‘crushing it’ – as my Fitbit constantly demands. Statistically the odds are stacked against any new business and virtually every entrepreneur will have occasional moments of doubt. There’s a theory that entrepreneurs are more prone to depression: a personality that will accept extreme risk and reward at one end of the scale also has its darker moment at the other end of the scale.
That, I am absolutely certain, is one of the very best parts of TAB. To paraphrase the old saying, when the going gets tough, the tough need someone to talk to. As I have written many times, no-one understands like your colleagues round the TAB table: not your wife, not your partner, not your parents, not your friends. The only people who truly understand the pressures are other entrepreneurs.
…And in The Alternative Board they don’t judge, they don’t compare, they don’t score points. In every instance they simply say, “Yep, I’ve been there. What can I do to help?”