In a nutshell
Yes, of course entrepreneurs burn out, and it’s a problem. When the tank runs empty, entrepreneurs face emotional and financial strain, while businesses risk failure and innovation grinds to a halt.
Entrepreneurship is seen by many as a dream job – freedom, innovation, and self-fulfilment are all part of the allure, but there’s a flip side to that dream: burnout. The impact that mental health has on society is both detrimental and costly, and it is finally being recognised as a priority in conversations about work and well-being. From the rise of workplace wellness programmes to a growing openness about stress and anxiety, we’re beginning to destigmatise mental health struggles. Yet, one group still remains under the radar: entrepreneurs. Often romanticised as tireless visionaries who thrive on risk and embrace the grind, the reality behind the scenes often looks very different. And despite the growing focus on mental health, research into entrepreneurial burnout has lagged quite severely, leaving us with more questions than answers.
This is where the recent work by Silvia Delladio and Andrea Caputo steps in. Their paper, “When the Tank is Empty”, tackles the growing issue of entrepreneurial burnout, conducting a systematic review of 47 studies and uncovering significant gaps in how we understand and address this issue. Unlike traditional burnout, which has been widely studied in employees, entrepreneurial burnout exists in a unique context, with stressors like relentless workloads, constant time crunching, and the emotional toll that comes with being the driving force behind a business. Then, there’s the way their identity is often tied to their venture, making every setback feel personal; the financial insecurity, the long hours, the weight of responsibility for employees, investors, and the business’s future; the unpredictability of market shifts and economic downturns, demanding constant adaptation without guarantees of success; and the isolation that comes from bearing all of these pressures, often without a strong support system.
Publication Date: December 11, 2024
Authors: Silvia Delladio & Andrea Caputo
Institutions: University of Trento, Italy; University of Lincoln, UK
Study Type: Systematic Literature Review
Sample Size: Review of 47 studies on entrepreneurial burnout (1992–2023)
Research Focus: Examining entrepreneurial burnout through its causes, consequences, and solutions while identifying gaps in the current literature and proposing a comprehensive framework.
Research Methodology: Narrative synthesis, integrating multidisciplinary studies across psychology, management, and occupational health to explore the phenomenon of entrepreneurial burnout.
Main Findings: Entrepreneurial burnout arises from financial insecurity, overwork, emotional strain, and isolation, affecting well-being and innovation. The paper outlines its causes (e.g., time pressure), consequences (e.g., business failure), and solutions, including resilience-building, stronger networks, and mental health support.
Citation: Delladio, S., & Caputo, A. (2024). When the tank is empty: Reviewing burnout in entrepreneurship. Journal of Small Business Management, 1–37. Link
Burnout is more than just a personal challenge though – it’s a profoundly human one. When entrepreneurs reach their limits they are less likely to innovate, grow their businesses, and persist through challenges, affecting everyone around them too. Their businesses may struggle to adapt, grow, or even survive, which can naturally impact employees, customers, and communities. Over time, this can create cracks in the entrepreneurial ecosystems we rely on to drive innovation and opportunity.
So how can we better understand and address entrepreneurial burnout? That is what the authors of this paper create a fresh framework for. One that explores burnout in a way that captures its complexity – how it begins, how it plays out, and what we can do about it. Importantly, the paper also offers practical ways forward. For entrepreneurs, learning to set boundaries and build personal resilience can help. On a broader level, creating strong support systems – both socially and professionally – can ease some of the pressure. Policymakers also have a role to play, whether it’s through funding mental health programmes or designing initiatives that reduce the stigma around seeking help.
Ultimately, the authors argue for a more nuanced approach to addressing burnout in entrepreneurship. They call for better measurement tools, deeper research into the specific challenges entrepreneurs face, and coordinated efforts to mitigate these risks. By tackling burnout at multiple levels – individual, organisational, and systemic – we can help entrepreneurs sustain both their ventures and their well-being.
This paper serves as a reminder that entrepreneurship isn’t just about driving innovation or fuelling the economy – it’s about the human experience of those who choose this path. The more we understand the pressures they face, the better equipped we’ll be to support their journeys – and ensure they don’t run out of fuel along the way.
Did you notice?
As part of our Research Recap series, we’re now mixing in some of the field’s most influential studies — the papers that have shaped entrepreneurship education over the years. These foundational works continue to inform how we teach, research, and think about the field. By bringing them into the Research Recap format, we’re making sure they stay visible, accessible, and ready to be built upon.
