Six Ways a Small Business Owner Can Create Work-Life Balance
Work-life balance can feel elusive for many small business owners. Entrepreneurs often operate in a constant state of overdrive, making it challenging to separate and balance work and personal life. However, with the right mindset and effort, achieving a healthier balance is possible. Here are six strategies that other entrepreneurs have found effective:
- It’s Not Always 50-50
Work-life balance isn’t a strict mathematical split; it’s more about give-and-take. Some days your business may demand more attention, while on others, your personal life may take precedence. Viewing this divide as an ebb and flow can relieve the pressure to perform equally in both areas. - Set Clear Boundaries
During the startup phase, your business will understandably require more from you. However, it's crucial not to let your business consume all your time. Define clear boundaries, such as specific end times for work and limits on smartphone use after dinner. Prioritize non-negotiables, like family events and school commitments. By understanding your priorities in advance, you’ll find them harder to ignore when business demands arise. - Time Off
Constant connectivity can be both a blessing and a curse. While it may be tempting to send an email or make a work call during your time off, it’s essential to honor that time for yourself and those you’re with. Consider keeping a to-do list handy to jot down thoughts that arise during downtime, reassuring you that you can revisit them later. This way, you can relax more easily. - Do What You Can and Hire a Team for the Rest
Entrepreneurs often try to do everything, but this approach is rarely sustainable. Now that your business is established, focus on the areas where you excel and let your team handle the rest. By empowering your team to take on responsibilities without micromanaging, you can carve out time for personal activities, such as going to the gym or enjoying after-work drinks with friends. - Say “No”
It’s tempting to say “yes” to every opportunity, but this often stems from fear. Trust that the right opportunities will come along, and feel comfortable passing on those that aren’t a good fit. This practice will free up mental space and allow you to focus on what you’re already doing well. - Support Your Relationships as Much as Your Business
The people in your life are essential to your success, both personally and professionally. While you may need to work long hours, clear communication can help mitigate the impact on your relationships. Make sure your staff knows what is expected of them and maintain open lines of communication. This will foster a supportive environment, ensuring your team stands by you when you need time away from the office.
The Bottom Line
For many small business owners, work-life balance can seem like an oxymoron. However, by implementing these six management strategies, you can create a clearer path toward balancing both essential aspects of your life.