Social Media and it’s impact on Entrepreneurs Mental Health
Research has found a link between heavy social media and an increased risk for depression, anxiety, loneliness, self-harm, and even suicidal thoughts. For many entrepreneurs Social media may promote negative experiences such as: Inadequacy about your life or appearance.
Social media has had positive impact on businesses: It helps them generate customer loyalty. The first way that businesses can do this is by creating their own page on one or more social networks and encouraging interaction. The need for consistent, authentic content can lead to emotional issues for many entrepreneurs. Business owners often compare themselves to influencers and celebrities causing them to feel less adequate, fostering feelings of self doubt and triggering Impostor Syndrome. This dissonance in the entrepreneurship community—between what’s portrayed on social media and what’s felt internally—contributes to feelings of isolation and shame, ultimately harming entrepreneurs’ mental health.
The link between mental health problems and entrepreneurship is proven and should be addressed. Roughly 1/3 of entrepreneurs admit to feeling stuck or anxiety, according to the Gallup-Healthways Well-Being Index, and about half report feeling stressed. Even more concerning, another study showed that mental health issues impact over 70% of entrepreneurs. Research done by the University of San Francisco’s Michael A. Freeman shows that startup founders are:
- 2 times more likely to experience depression
- 6 times more likely to experience ADHD
- 3 times more likely to experience substance abuse
- 10 times more likely to experience bipolar disorder
- 2 times more likely to experience psychiatric hospitalization
- 2 times more likely to experience suicidal thoughts
Use social media mindfully. Scroll with intention. Seek out positive platforms and interactions, such as meditation apps or talking to a friend, and spend less time following people you constantly compare yourself to like celebrities or models. Engage with people who make you feel empowered. Schedule time for social media use and stick to your schedule.