Surveys are interesting. I took note of this one done recently by American Express because it backed up some data I learned at the (National Association of Female Executives) NAFE National Conference in May. According to the survey, 40% of the smallest business owners – those with less than $200,000 in annual revenues – are planning no vacation whatsoever this summer. But even business owners with higher revenues aren’t doing much better – only 75% of them expect to get away from the business this summer.
As we were told at the NAFE Conference, even those business owners who do get away from the office, won’t truly get away. Rather, one in three will link their vacation time to a business trip and 50% will still check in with the office at least once a day.
Why can’t business owners let go? What are the concerns that keep them tied to the business? According to the survey:
* An important client or customer will not receive appropriate service
* The business will miss out on a new opportunity
* There is no other competent person to leave in charge
* The individuals left in charge will make the wrong...
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