One of the biggest challenges for a successful entrepreneur to overcome is the work-life balance. All too often, they forgo anything that isn’t about work so they can get to that level of success that every entrepreneur dreams of. This means that overworking is normal and burnout is very real. Every entrepreneur should be focused on trying to achieve the right work-life balance while still being able to achieve their dreams.
Believe it or not, there are many successful entrepreneurs who are able to have a life while also achieving success. Take Philip Esformes for example who is known for being a family man and still juggling a successful company that makes millions. To make it possible for yourself, take these tips to heart.
1 – Be mindful of your availability
It is very easy to lose any semblance of work-life balance since you will be focused on always working or being available for work. Try to keep in mind that the work really never ends. It isn’t as if working hard and putting in a lot of hours means that tomorrow there will be less to do.
The reality is that when you are running a business that is yours, there could be something to do 24 hours per day. Understanding this means that you can take time during the day for your family or your own needs and still manage to run the business. Make sure that you are home for dinner even if it means getting on the phone for a few hours after the kids go to bed or you have some quality time with your partner.
Set aside this time and be strict with it so people understand that you are only available during certain hours of the day.
2 – Be a delegator
Successful entrepreneurs are the ones that know how to hire the best people to get the job done right. Since you have competent people on your team it means that they can handle the work. You need to give them tasks that take things off of your plate.
Get good at delegating and then use the time you would have been doing that task to spend time doing something you love. Not only will this help you achieve a work-life balance that suits you, it will also help to grow the business. If you try to micromanage or do everything yourself then this is going to hold back the growth of the business.
3 – Stop multitasking
It has been proven that people that think they can multitask are actually really bad at it. You may think you are getting a lot done, but you are actually making your life harder. Try to only do one thing at a time, delegate to others what you think you can handle too, and then use the time you freed up to take a break.
This can save you a few hours of work every day which you can use to spend time with some friends.