What are some effective ways to cope with stress and burnout in the brokerage industry? (2024)

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1

Identify your stressors

2

Manage your time and energy

3

Build your support network

4

Develop your skills and knowledge

5

Find your purpose and passion

6

Seek professional help

7

Here’s what else to consider

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The brokerage industry can be rewarding, but also demanding and stressful. You may face long hours, tight deadlines, high expectations, and intense competition. If you don't manage your stress and prevent burnout, you may suffer from physical, mental, and emotional health issues, as well as lower performance and satisfaction. Here are some effective ways to cope with stress and burnout in the brokerage industry.

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What are some effective ways to cope with stress and burnout in the brokerage industry? (2) What are some effective ways to cope with stress and burnout in the brokerage industry? (3) What are some effective ways to cope with stress and burnout in the brokerage industry? (4)

1 Identify your stressors

The first step to cope with stress and burnout is to identify what triggers your negative emotions and reactions. Stressors can be external, such as market conditions, client demands, or regulatory changes, or internal, such as your beliefs, attitudes, or habits. Once you know your stressors, you can prioritize them, avoid or minimize them, or change your response to them.

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  • Chris Stickney Partner, United Agencies Benefits, Non-Profits, Automotive and Manufacturer Specialist
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    I definitely agree… this can be an extreme measurable, but understanding that every opportunity is not automatic and continuous persistence can beat a resistance (assuming your offerings are exceptional) can really help with the emotional fatigue that can occur. Also…don’t be afraid to pier down, reset and start over.

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2 Manage your time and energy

The second step to cope with stress and burnout is to manage your time and energy wisely. You can do this by setting realistic and specific goals, planning and scheduling your tasks, delegating or outsourcing what you can, and saying no to unnecessary or low-value activities. You can also optimize your energy by taking regular breaks, eating well, sleeping enough, and exercising regularly.

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  • Chris Stickney Partner, United Agencies Benefits, Non-Profits, Automotive and Manufacturer Specialist
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    Carving out time for me and my family/friends is huge. It is one of the greatest benefits of this career. But, it needs to be intentional. Set a plan and stick to it. It’ll definitely help with the frustration and fatigue in the earlier point.

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3 Build your support network

The third step to cope with stress and burnout is to build your support network. You can do this by connecting with colleagues, mentors, friends, or family who can offer you advice, feedback, encouragement, or empathy. You can also join professional associations, online communities, or peer groups where you can share your experiences, learn from others, and find new opportunities.

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  • Chris Stickney Partner, United Agencies Benefits, Non-Profits, Automotive and Manufacturer Specialist
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    Keeping it fun and building lasting, connected relationships is the best part of this journey. The positive creativity is our greatest opportunity.

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4 Develop your skills and knowledge

The fourth step to cope with stress and burnout is to develop your skills and knowledge. You can do this by seeking feedback, learning new tools or techniques, taking courses or certifications, or attending events or webinars. By improving your skills and knowledge, you can boost your confidence, competence, and creativity, as well as stay ahead of the curve and adapt to changes.

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  • Chris Stickney Partner, United Agencies Benefits, Non-Profits, Automotive and Manufacturer Specialist
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    Investment in being the brightest, up-to-date person is what our client partner’s rely on us for. Always stay in the know. Even keep up with current events as they are a great pulse indicator for what our friends could be going through themselves.

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5 Find your purpose and passion

The fifth step to cope with stress and burnout is to find your purpose and passion. You can do this by reminding yourself of your values, vision, and mission, and aligning them with your work. You can also explore your interests, hobbies, or causes outside of work, and pursue them with enthusiasm and joy. By finding your purpose and passion, you can increase your motivation, fulfillment, and happiness.

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  • Chris Stickney Partner, United Agencies Benefits, Non-Profits, Automotive and Manufacturer Specialist
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    If you love it…exhibit that. It can be infectious and influential to those you are helping. I find, the more I install myself into the client situation, the more my connection greets them where they are.

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6 Seek professional help

The sixth step to cope with stress and burnout is to seek professional help if you need it. You can do this by consulting your doctor, therapist, coach, or counselor if you experience symptoms of chronic stress, anxiety, depression, or other mental health issues. You can also access resources, programs, or services that your employer, industry, or community may offer to support your well-being.

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  • Chris Stickney Partner, United Agencies Benefits, Non-Profits, Automotive and Manufacturer Specialist
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    We sell Employee Assistance Plans and Healthcare that support our Mental Health…we should use them for our wellness betterment as well. We are not immune to these stressors. Take support in any way you can get it.

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7 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?

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Working with Brokers What are some effective ways to cope with stress and burnout in the brokerage industry? (53)

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