On behalf of Wave, we conducted a survey of 1,087 U.S. business owners from January 22 to February 4, 2024 to get responses on factors impacting their mental health and stress levels. The issues that impact mental health and stress levels the most were business finances (57%), followed by personal/family issues (49%), and work/life balance (47%). In regards to financial stress, 62% of business owners say they’ve been turned down for funding.

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Author Notes:

Jeffrey Henning

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Jeffrey Henning, IPC is a professionally certified researcher and has personally conducted over 1,400 survey research projects. Jeffrey is a member of the Insights Association and the American Association of Public Opinion Researchers. In 2012, he was the inaugural winner of the MRA’s Impact award, which “recognizes an industry professional, team or organization that has demonstrated tremendous vision, leadership, and innovation, within the past year, that has led to advances in the marketing research profession.” In 2022, the Insights Association named him an IPC Laureate. Before founding Researchscape in 2012, Jeffrey co-founded Perseus Development Corporation in 1993, which introduced the first web-survey software, and Vovici in 2006, which pioneered the enterprise-feedback management category. A 35-year veteran of the research industry, he began his career as an industry analyst for an Inc. 500 research firm.