MYOB and Smiling Mind today announce the renewal of their partnership, extending the focus beyond mindfulness to a comprehensive, evidence-based mental fitness model. Together, they aim to empower individuals to achieve lifelong mental fitness anytime, anywhere, with a particular emphasis on small business owners.
Since their initial collaboration in 2019 the objective of the partnership has been to provide the tools and resources necessary to build holistic mental fitness, enabling everyone to thrive both at work and in their personal lives.
There is a critical need to protect and promote mental health among the nation’s 2.5+ million small and medium sized enterprises (SMEs), with the MYOB Business Monitor from January 2024 revealing that 56% of SMEs agree that running their own business has had a direct impact on feelings of anxiety or depression. Forty-six per cent said running their business caused them stress.
“Mental fitness is essential for navigating the complexities of daily business challenges, supporting healthy relationships, and making effective decisions,” said MYOB’s Executive General Manager for SME, Emma Fawcett.
“By focusing on this proactive approach, we hope to help small business owners respond to setbacks, manage stress, and sustain a positive mental state.
“We have reached over 400,000 people through programs specifically designed for small businesses. These initiatives will continue to evolve, providing practical and effective resources tailored to the unique needs of small business owners.”
MYOB’s commitment to mental fitness extends to its employees, who will have access to Smiling Mind’s integrated resources as part of their daily work experience. This includes readily available sessions, tools, and support designed to help them develop the skills and lifelong habits necessary for thriving in both their personal and professional lives.
“When small business owners prioritise their mental health, it creates a ripple effect that enhances team cohesion, improves workplace environments, and ultimately boosts productivity. Conversely, neglecting mental fitness can lead to burnout, poor decision-making, and increased stress, impacting both business performance and personal well-being."
Through the next chapter of the partnership, MYOB and Smiling Mind remain committed to championing mental fitness, taking crucial steps toward creating a positive change in mental health outcomes for individuals, families, and communities across Australia.
ENDS
For further information please contact
Selina Ife
Media Manager
Selina Ife, MYOB, selina.ife@myob.com
About MYOB MYOB is a leading business management platform with a core purpose of helping more businesses in Australia and New Zealand start, survive and succeed. MYOB delivers end-to-end business, financial and accounting solutions direct to businesses employing between 0 and 1000 employees, alongside a network of accountants, bookkeepers and consultants. For more information visit myob.com or follow MYOB on LinkedIn.