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Mental health problems in entrepreneurs: the experience of the founder of Spotahome

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According to a study from the University of Berkeley, 72% of entrepreneurs suffer from mental health problems. In addition, the study reveals that they are twice as likely to commit suicide and the cases that have occurred have not been publicly disclosed. As for example the case of Aaron Waltz, which greatly affected the sector. Since then, other high-profile entrepreneurs have taken their own lives (or have been suspected of taking their own lives), including Unfiltered founder Jake Millar; antivirus software pioneer John McAfee; Zappos founder Tony Hsieh; Chef Anthony Bourdain; designer Kate Space, etc.

Another US study published on Hubspot mentions that of all founders with mental health problems, 63% suffered from burnout, 59% suffered from anxiety47% depression, 24% attention deficits, 14% abuse substances and 3% are bipolar. In addition, 8 out of 10 mention that there is a stigma in society around mental health and 70% that there are not many help resources for mental issues.

The entrepreneur is required to always be strong, serene, with a smile… And available. The opposite shows weakness and that does not match his figure, inside and outside the company. Often, he is presented as an invincible hero, a rockstar. But your startup is not you and the reality behind “the character” to which you are a slave can be completely different if you are not aware of the havoc that undertaking can wreak on the person, sometimes silently”manifest Alejandro Artacho, CEO and founder of the startup Spotahome.

For me, 2019 was the most stressful year of my life: hundreds of hires, new office openings, pressure to double billing, improving margins, almost daily flights, working on holidays… A hectic pace with a tremendous impact on my physical and mental health . And, suddenly, the Covid ”, narrates the founder of Spotahome. “In March 2020 our entire billing dropped to €0, in addition to having to return hundreds of thousands of euros in cancellations. I fell into one deep depression. After 7 years sacrificing everything for the company (family, friends, partner, etc.), everything went down for something that I didn’t even control.” concludes.

However, after the darkest moment, Artacho indicates that he found the light in personal development and self-care, thanks to prioritizing and taking charge of his mental health. Thus, with the aim of making others visible and helping, he created Ancla.life together with other entrepreneurs (Acceptance, Neutrality, Cooperation, Freedom and Learning). In addition, thanks to these changes, Spotahome not only recovered, but is currently stronger than ever and with good future prospects.

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Mental health in entrepreneurs

The truth is that the mental health it has become an increasingly commented and exposed subject, in the face of years of obscurantism and a reason for social shame. Although we must not forget that it still retains many taboos, especially among certain sectors of the population, as well as in professional settings.

The entrepreneurial ecosystem suffers from ratios of very high mental conditions since it is subjected to a continuous pressure and uncertaintyfear of failure, constant comparison, and an extreme bond between the individual and his company.

In addition to prioritizing meditation, sports, food, and sleep; here some Artacho’s tips to improve mental health among the collective:

  • Reset your value system and prioritize them, redefining what success is.
  • Invest in the permanent instead of the temporary.
  • Living more in the present, since the startup world creates anxiety since it lives most of the time in the future in longing.
  • Control your calendar and not the other way around.
  • Less compulsion to use social networks and more awareness controlling what you consume reading.
  • To be a good leader, you must first lead yourself…be a conscious leader.
  • Be calm as calm brings clarity and clarity brings confidence.

Trust without clarity is a disaster. Thanks to this you are more compassionate, you delegate more to your teams and you empower them to be great leaders. And, most importantly, as a consequence your energies are positive and naturally contagious to the organization. And it is there, as if by magic, that everything improves”, sentence Artacho.

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Familiados launches an app to search for and manage external accompaniments in residences

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Familiados continues to innovate and has just launched a new service. The Spanish startup is committed to Familiados Sociosanitario, a special solution for residences and centers where Users need support.

Through it, centers can register their residents, find professionals in the area for accompaniments, facilitate payment to the resident through SEPA, manage extra expenses and have civil liability and accident insurance.

Offers to find companions are published on the map of Families and professionals sign up freely. Then the center chooses the most appropriate profile, and closes the accompaniment. All in less than 10 minutes. And with the confidence that the Familiados team makes a preflight of all the profiles of the platform, so trust is assured on the way out.

As a complement to the management of accompaniments, socio-health centers can also search for personnel to cover sick leave, contracts, etc. Familiarized allows them to find professional profiles such as nurses, nursing assistants or technicians in care for people in a situation of dependency, among others.

As Ernesto Bravo, CEO and founder of Familiados, explains: “When the time comes for a resident to go out for a medical visit, a diagnostic test, or just to run an errand, the normal thing is that no one can leave their job and accompany them. Precisely because of the shortage of personnel”.

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“In these cases, the residence has to find an external companion, and it is not always an easy task, for this reason we believe that Familiados Sociosanitario is a solution that can help regulate and professionalize this problem.”

double digit growth

The home care sector is in full bloom, and with it the companies that provide services related to it. In the specific case of Familiados, the Navarra startup reports that has doubled the published offers and the hours of care compared to 2021. Specifically, in Familiados, almost 35,000 job offers have been published this year, covering a total of 400,000 hours, a record for the platform.

The growth of Familiados is also noticeable in the number of care professionals who offer their services on its platform, which now reaches 6,000 throughout the national territory (50% more than in 2021). 30% of these caregivers are specialized exclusively in caring for children, 15% exclusively in caring for the elderly and the rest, 55%, are versatile: they can care for both children and the elderly.

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FI Group contributes to the launch of the third NextGenerationEU Guide

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The third edition of the report has already been published “NextGenerationEU Guide, for the industry to better understand and take advantage of its opportunities”. As usual, it has been published by the EAIC (European Association of Innovation Consultants), of which FI Group is a part.

The report, which once again included the participation of the FI Group, explains how each of the 24 European countries distributes the almost 326 billion European aid granted in their National Recovery and Resilience Plans.

The latest update of the report highlights the maximum financial contribution that corresponds to each Member State, calculated taking into account the growth in real GDP in 2020 and the accumulated growth in real GDP in the period 2020-2021.

Most Member States saw their maximum financial contribution in the aid component of their Recovery plans decrease, due to changes in the calculations made in June 2022, based on real GDP growth data. The only countries that saw their funds increased were Czech Republic, Germany, Spain, Italy, Austria Y Portugal.

Main updates and news reported by Member States

  • The implementation of the Recovery and Resilience Plans is in full swing: calls have been launched to receive proposals, projects are being evaluated and aid agreements are being signed.
  • Member States have started work on the review of plans, following the decision made on June 30, 2022 on the final distribution of funds; some of the new plans are still being evaluated (for example: more funds in Lithuania to boost energy independence, renewable energy and cybersecurity).
  • The report also highlights the main calls for proposals launched in each of the 24 Member States (for digitization, innovation, circular economy, etc.), both those active right now and those planned soon.
  • Some of the Member States (Finland for example) have already distributed all the funds allocated to them in their Recovery and Resilience Plans.

Alejandro Álvarez, Grants Director at FI Group, as well as a member of the EAIC Board and coordinator of this report, highlights that it is a unique initiative at a European level. “We have been following the development of the Recovery and Resilience Plans since the start of the negotiations and have managed to offer comprehensive information on the opportunities that are emerging across Europe. Building on the success of this pioneering initiative, we are looking to broaden the focus of the report to provide an even more valuable overview of the opportunities for all key players in the industry.” explains Alvarez.

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Bring Your Own License is now part of the Nutanix on OVHcloud portfolio

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OVHcloud has recently included the option to use Bring Your Own License or BYOL in its portfolio of Nutanix on OVHcloud solutions.

The Nutanix users they can now bring their existing Nutanix Cloud Platform licenses to dedicated OVHcloud Hosted Private Cloud infrastructures, making it easier for them to transition to the cloud. OVHcloud, which recently received the Nutanix EMEA Service Provider of the Year award, continues to expand its offer of Nutanix on OVHcloud solutions with the addition of the BYOL offer to complement the existing pack offer.

Existing Nutanix customers and partners can now bring their Nutanix Cloud Platform licenses to Nutanix-certified High Grade HCI Intel dedicated servers, benefiting from license portability and application migration transparency. Customers’ Nutanix hyper-converged environment (HCI) is pre-installed in just hours and ready to use with their custom infrastructure.

The Nutanix on OVHcloud solution enables a faster migration of on-premises applications to the cloud, while benefiting from OVHcloud infrastructures. With a low carbon footprint and best-in-class PUE and WUE indices, the OVHcloud infrastructure stands out for its global sustainability, thanks to a circular group approach that allows for maximum optimization of the server’s life cycle. In addition, OVHcloud data centers meet high data protection and security standards.

“We are delighted to continue our strong partnership with Nutanix, addressing new use cases and providing new business opportunities for our ecosystem partners”says Sylvain Rouri, Chief Sales Officer at OVHcloud.

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User needs

This new offering allows OVHcloud to meet the needs of users, covering seasonal peaks in infrastructure demand and developing disaster recovery plans (DRPs), all while providing a cost-effective solution. Like the Nutanix on OVHcloud bundle offer, the BYOL offer consists of 27 variants of dedicated servers and Nutanix High Grade HCI certified servers based on Intel processors and includes inbound and outbound traffic, helping to improve OPEX for significant savings compared to non-hyperconverged infrastructure as a service (IaaS).

“As a company, we continually demonstrate the power of strong partnerships. OVHcloud already has an excellent understanding of our technology with its existing Nutanix on OVHcloud solution. For this reason, it makes sense for us to expand our relationship to include a BYOL offering.”says Dom Poloniecki, Worldwide Sales Chief of Staff and Head of Sales Strategy & Operations at Nutanix. “The real winners here are our common customers and partners who are looking for cost-effective ways to scale to an OPEX model in the cloud, but who, to date, have not yet made the switch from an on-premises environment. With OVHcloud and Nutanix, they have the best of both worlds.”

The Nutanix on OVHcloud solution is a scalable and ready HCI platform to use that is offered both as a pack and BYOL, and is based on a dedicated Hosted Private Cloud OVHcloud infrastructure certified by Nutanix. It is now available online in EMEA and Canada, with data centers located in Canada, France, Germany and the UK.

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