Some alone time is positive
The hazards of loneliness
The commercial cost of isolation
Loneliness should be part of the risk assessment for home-based working. On top of the health and human costs are some very real financial costs.
Productivity is eroded. People who feel depressed are less well-motivated, they work more slowly and with less sense of purpose.
Relationships are essential to any business. But if loneliness sets in, relationship building can feel more of a chore to be avoided than an opportunity to explore.
Innovative thinking is sparked by making connections. Mixing with different people provides immense fuel for new ideas and creative thinking. Isolation strips away the opportunity for new innovative insights which will help your business to stay fresh, to adapt and to grow.
Finally, of course, loneliness makes you ill and so there will be a direct number of sick days to take into account too.
It is your choice
The difference between loneliness and solitude is choice. Solitude is something we positively choose, loneliness feels imposed – we would much rather not be alone and we feel inadequate by ourselves. You can close the gap by choosing to have agency. Take control of your situation. Make social connection a habit and reframe the feeling of empty loneliness with a sense of enriching solitude. Your health, happiness and business will all be better for it.
Liz Wiley MBA is Editor of Prowess.org.uk and a qualified SFEDI-accredited business adviser, coach and enterprise trainer with more than 15 years’ experience supporting entrepreneurs and small business owners across the UK. She has designed and delivered start-up, growth and leadership programmes for public sector agencies, universities and enterprise organisations, working directly with founders at every stage of development.
Her expertise includes business planning, financial sustainability, strategic growth and confidence development, with a particular focus on supporting women founders to build resilient, scalable businesses.
Liz holds a Master of Business Administration from the Open University and has recently completed a Diploma in Digital Marketing with the Digital Marketing Institute, strengthening her advisory work in online growth strategy and digital positioning.