Accounting Customer service Hiring & human resources Legal Management Raising money Sales & marketing Selling a business Startup Technology Small & Global How We Got Started Biz Books Innovators Owner Tested Tech Edge Best Bosses Next Little Thing Startup Showdown Current Issue Archive
Complete Coverage FORTUNE SMALL BUSINESS The ROI of sleep

A business owner's nightmare

Sleep apnea is dangerous not only to your health: It can also take a toll on your business.

EMAIL  |   PRINT  |   SHARE  |   RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)

office.03.jpg
Photos
Catching Zzzzs: Your sleep tips Catching Zzzzs: Your sleep tips Catching Zzzzs: Your sleep tips
New research proves that fatigue, rampant in hard times, is bad for business. Here's how 8 entrepreneurs beat insomnia and get ROI from rest.

(Fortune Small Business) -- When it comes to sleep disorders, insomnia isn't the only affliction robbing the weary of rest - and profits. According to the National Institutes of Health, as many as 20 million Americans suffer from sleep apnea, and about half don't realize it. Sleep apnea causes sufferers' airways to close every few minutes and forces the individuals awake as they fight for air. The symptoms? Snoring and daytime sleepiness. The malady has been linked to serious harm, such as strokes and heart disease.

It can also wreck your business, as Lou Hoffman learned firsthand. In 2003 his San Jose public relations firm, the Hoffman Agency, lost major client Hewlett-Packard (HPQ, Fortune 500) when the computer giant merged with Compaq. Hoffman needed to hustle up new business - fast. But he was perpetually exhausted, unable to focus, edgy, and irritable. "I tried everything - diet, exercise - but nothing helped," he recalls.

Hoffman's wife, Heather, informed him that he woke repeatedly in the night, choking and gasping for breath. She suspected he had apnea. Hoffman, 50, was skeptical. But as he struggled to keep his firm afloat, he finally saw a doctor who sent him to Stanford University's Center for Sleep Studies, one of the world's top sleep research facilities. The diagnosis: acute sleep apnea.

Treatments vary from lifestyle fixes, such as losing weight and avoiding alcohol before bed, to major surgery. Hoffman's savior was CPAP (continuous positive airway pressure), which requires the sleeper to wear a plastic facemask connected to a machine that pumps air into his nose and throat, keeping the airways open. With CPAP, Hoffman breathes normally and sleeps all night.

CPAP may have saved Hoffman's life - and it surely saved his business. "I was reinvigorated," he says. Hoffman snagged new clients such as Google (GOOG, Fortune 500), Sony (SNE), and Siemens (SIE). It took 18 months to turn things around, but in 2007 the Hoffman Agency's revenues shot up to $10.2 million, a 30% jump from 2006. So far, 2008 looks even better.

The lesson: If you're so bushed that you can barely haul yourself to work in the morning no matter how many hours you sleep - or think you sleep, and especially if you also know you snore, don't delay. See a doctor now. To top of page

Have sleep issues affected your work? Join the discussion in our forum - or share your story in video and pictures with iReport.

Make sleep work for you

In praise of the power nap

Sleeping for profit
To write a note to the editor about this article, click here.

  • pile_money.ju.04.jpg
    Small business grants are rare, but they do exist. Here's how to find them. More
  • ann_marie.04.jpg
    These 7 entrepreneurs are bringing tech, medical research and design jobs to the Detroit metro area. More
  • credit_cards.04.jpg
    As traditional loans dry up, banks are funneling more of their small business lending through credit cards. More
  • frattini_dfd_26.04.jpg
    Arson. Scrappers. Blackouts. It's part of business for the last tenant in Detroit's Packard Plant. More
  • scott_pinizzotto.04.jpg
    Inventing is the easy part. Marketing? Trickier. Experts tell how they'd advertise 5 hard-to-tout products. More
  • dead_zone.04.jpg
    Every restaurateur knows about Cursed Locations, the addresses where no venture survives. More
  • charles_ellis.04.jpg
    Detroit's churches are plowing millions into redeveloping local housing and businesses. More



QWe've run a dinner theater for three decades. We've been operating at a loss for the last couple of years, and are unable to get a loan. We even closed for two months this summer to save money. We don't know what to do. More
Get Answer
- Kyle, Sarasota, Fla.

Sponsors
More Galleries
Would you walk away? With 1 in 4 homeowners underwater, many pundits predict a flood of people walking away from their homes. 5 readers discuss why they are - and are not - sticking around. More
Are things really getting better? Last quarter, the economy grew by the largest amount since the summer of 2007, but there are signs that things are still getting worse. More
7 wicked Black Friday Car deals It turns out the day after Thanksgiving is a great day to shop for a car. Here a few deals that deserve special attention. More

© 2009 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy
Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.