Saturday, July 19, 2008

Money & Business

On Vacation, Owners Think About Work

June 15, 2007 04:22 PM ET | Renuka Rayasam | Permanent Link

For corporate desk jockeys, summer means vacation and a chance to forget work. For small-business owners, even time away from the office doesn't mean time off. Turns out that even when they are out of the office, most small-business owners never stop thinking about their companies.

Small-business owners do make time for themselves, with 81 percent satisfied with the amount of "downtime" they have, according to an American Express survey of 626 owners of companies with fewer than 100 employees. That down time comes with a price, though. Two thirds of business owners stress out about their work-life balancing act, and nearly half feel guilty about having fun instead of working.

That stress may be misplaced because it turns out small-business owners, like the rest of us, are at their most inventive when they are free from the office. About 35 percent of owners surveyed said they get their best ideas when they aren't working. Men generally get creative on their way to work, while women are more likely to wake up in the middle of the night with the light bulb turning on.

Tags: vacations | entrepreneurship

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About this Blog

Renuka Rayasam Renuka Rayasam covers small business, biotechnology, and other business news for U.S. News. Her stories have included a piece on the latest trends in corporate dining, as well as regular small-business profiles. She has written for the Austin-American Statesman, the Atlanta Journal-Constitution, Bloomberg News, and tech magazine Ziff Davis Smart Business. She has a bachelor of arts in political economy and German from the University of California – Berkeley and a master of international affairs from Columbia University.

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