• About Us
  • Advertise with Us
  • Contact Us
  • Events
  • Newsletter
  • Podcasts
  • Digital Magazine
  • Home
  • News
  • Opinion
  • Entrepreneurship
  • Self Development
  • Growth
  • Finance
  • Marketing
  • Technology
  • Sustainability
  • About Us
  • Advertise with Us
  • Contact Us
  • Events
  • Newsletter
  • Podcasts
  • Digital Magazine
NZBusiness Magazine

Type and hit Enter to search

Linkedin Facebook Instagram Youtube
  • Home
  • News
  • Opinion
  • Entrepreneurship
  • Self Development
  • Growth
  • Finance
  • Marketing
  • Technology
  • Sustainability
NZBusiness Magazine
  • News
  • Opinion
  • Entrepreneurship
  • Self Development
  • Growth
  • Finance
  • Marketing
  • Technology
  • Sustainability
Health & SafetyManagement

Kiwi entrepreneurs struggle with mental health issues

Ninety-five percent of respondents to a survey of the business founder community believe that…

Glenn Baker
Glenn Baker
September 28, 2017 3 Mins Read
371

Ninety-five percent of respondents to a new survey of the New Zealand business founder community believe that being an entrepreneur had affected their mental health. 

The survey, created by New Zealand’s national coworking and collaboration provider BizDojo, asked business and startup owners throughout New Zealand about their mental health and well-being. 

BizDojo co-founder Nick Shewring had long suspected mental health issues were common but was shocked to discover just how many of his fellow founders were affected by these issues.

“We spoke with business owners and people that support businesses about what New Zealand founders needed to succeed, and we quickly realised many of the conversations we were having centered around mental health. It made our whole team sit up and say ‘What can we do to help?’”

When asked how their mental health concerns manifested, 79% of respondents said they had some degree of stress, 76% felt overwhelmed and 71% experienced anxiety. 
Fifty-nine percent of founders had issues with sleep, while 40% identified as being depressed and 13% as severely depressed. Other concerns included addiction (13%) and a general feeling of worry at 64%. 

“Alarmingly, just over 50 percent of those surveyed did not seek help even when facing mental health issues.”

Alarmingly, just over 50% of those surveyed did not seek help even when facing mental health issues. Many founders cited lack of time or financial resources as key reasons for not accessing support, with over 68% of people saying that they felt the mental health pressures they were experiencing were part of being an entrepreneur. Sixty two percent were not sure how suitable the help would be for what they were experiencing.

“Right now, the kind of support that is typically put in place for entrepreneurs is topic specific, such as investment introductions, or accounting help. This research suggests we should be supporting business owners in other ways too.” says Nick.

Nick has faced his own battle with wellbeing during the development of BizDojo.

“I went public with my own history of battling mental health issues whilst growing BizDojo and our digital product Colo and we used this as a jumping off point to survey the community,” says Nick, who says the report he received was fundamental to taking on this challenge.

BizDojo co-founder Jonah Merchant believes that the focus on growing a new business may result in these issues going unchecked. 

“There has been a big focus from central and local government on growing an entrepreneurial business culture in New Zealand. What we are finding is that we will not get the impact these policies expect without addressing mental health issues within the entrepreneur community.”  

BizDojo found that of those who did seek help, 66% talked to a counsellor or therapist and 57% talked to friends or family while 49% went to their GP. Others talked to mentors, other founders, used support groups or reached out online. Just over 50% that sought help found the help they received useful, with 40% feeling the help they received was somewhat helpful.

BizDojo is using the survey insights to roll out mental wellness initiatives through its founders’ support programme Founders Central. But Nick says the organisation is also challenging other providers and government to step up to support entrepreneurs. 

“We started the conversation, and we are keen for others to help us keep it going. We owe it to our business community to do that,” says Nick. 

The first Founders Central cohort is launching in Wellington, with activity expected to run in BizDojo locations across New Zealand. 
 

Share Article

Glenn Baker
Follow Me Written By

Glenn Baker

Glenn is a professional writer/editor with 50-plus years’ experience across radio, television and magazine publishing.

Other Articles

Credit-email2-header2
Previous

Giving credit where credit is due

Nutella campaign
Next

Facial expressions determine advertising creative

Next
Nutella campaign
September 28, 2017

Facial expressions determine advertising creative

Previous
September 28, 2017

Giving credit where credit is due

Credit-email2-header2

Subscribe to our newsletter

NZBusiness Digital Issue – March 2025

READ MORE

The Latest

A start-up journey from hip-hop to RTDs

May 30, 2025

Episode 17: Turning the mic to Lilah McDonald

May 29, 2025

From Nelson to the world

May 28, 2025

It’s now for nature

May 28, 2025

Why small business contracts are under the microscope

May 26, 2025

SYOS Aerospace tops stellar 2025 NZ Hi-Tech Awards line-up

May 26, 2025

Most Popular

NZBusiness Digital Issue – June 2024
Understanding AI
How much AI data is generated every 60 seconds? New report reveals global AI use
Navigating economic headwinds: Insights for SME owners
Nourishing success: Sam Bridgewater on his entrepreneurship journey with The Pure Food Co

Related Posts

Engineering safer workplace solutions for Kiwi companies

March 24, 2025

Stop striving for balance: Why flow is your new best friend

November 20, 2024

Ensuring your worksite is safe this summer

February 13, 2024
Main photo by BoliviaInteligente on Unsplash

B2B sector urged to adapt or die in 2024

January 8, 2024
NZBusiness Magazine

New Zealand’s leading source for business news, training guides and opinion from small businesses to multi-national corporations.

© Pure 360 Limited.
All Rights Reserved.

Quick Links

  • Advertise with us
  • Magazine issues
  • About us
  • Contact us
  • Privacy policy
  • Sitemap

Categories

  • News
  • Entrepreneurship
  • Growth
  • Finance
  • Education & Development
  • Marketing
  • Technology
  • Sustainability

Follow Us

LinkedIn
Facebook
Instagram
YouTube
  • Home
  • News
  • Opinion
  • Entrepreneurship
  • Self Development
  • Growth
  • Finance
  • Marketing
  • Technology
  • Sustainability