Running your own business is hard. There’s no way around that. There are many good things about it, or no one would do it, but it’s not for the faint of heart. It takes hard work, determination, and a lot of late nights and early mornings to get everything done. When it comes to work, it’s a hard choice.
Having a family also takes a lot of work. They’ll want to hang out with you, and you’ll want to hang out with them. You don’t want to feel bad because you spend too much time working on your business and not enough time with your partner and kids. And yet, this is what often happens, especially at the beginning and sometimes even after the business is up and running. After all, if you let up on the gas at that point, your competitors could easily pass you and leave you in the dust.
So, what should we do? Can you really have a family and a successful business, or do you have to choose between the two? How well you plan will really tell you what to do. You can have everything if you are careful and willing to plan ahead. With that in mind, here are some things you’ll need to do to take care of both your business and your home.
We’ve already said that planning is important if you want to keep everything in the right place. At first, this may seem impossible, but if you make a list of all your home and business commitments, you can see exactly what needs to be planned for. After you’ve done this, you can also think about your big life goals. You won’t want to give up on them, so you should remember them and keep them safe wherever you can.
Then you’ll have to think about how you spend your time now doing all the things you’ve written down. How much time do you spend each day on each thing on the list? Keeping track of how you spend each minute of the day is helpful because it will show you right away where you’re doing too much of one thing, not enough of another, or wasting time that would be better spent doing something else.
Once you know what you’re doing now, you’ll know what you need to change to have a better work-life balance, which is what you want in the end. Then, change the times to how you think it would be best to do things. Try these new times for the next week or two, and try to stick to them as much as you can. Does it work better? Are you more or less happy? Just keep making changes until you find the right balance.
Time At Home
Even if you run your business by yourself and think that you have to do all the planning, it’s a good idea to get your family involved. It will not only take the pressure off of you, but it will also show you what they want from you. What if your kids are getting ready to go to school or are about to move out? You might think they need you around more, but do they really? Ask the question because the answer will change your plan in a big way, as we said above. There are other reasons why it’s a good idea to ask people what they need from you. You may not be able to fit everything into your plan, but if you don’t know, you can’t even try.
When it comes to work and family, it’s always important to let people know what’s going on or what’s going to happen. You might have a really busy week coming up and won’t be around much, or you might not have much to do and want to know what they want to do with you. Keep them in the loop because you’re not the only one with plans. They will also need to plan their lives, and the older they get, the more important and necessary this becomes. Also, we’re not just talking about kids. If you live with a partner, for example, they may need to work around your plans or let you know theirs. It’s important for everyone to work together so that everything gets done.
It’s smart to have a backup plan in case something comes up that makes you need to change your plans. It might not always be possible, but you might need to go to an emergency dentist appointment or a school meeting, in which case you’ll need a plan B.
Quality Over Quantity
It will take up a lot of your time to run a business, especially when you are just getting started. It’s important to take care of your business and take the time to learn more and stand out, but what about your family?
You can’t make more time, and as we’ve said, sometimes you won’t have much time to spend with your kids and spouse. But it’s not always about how much time you have; it’s also about what you do with the time you do have. Think about the quality, not the amount. What’s the point of having a lot of free time to spend with your kids if they’d rather hang out with their friends, watch TV, or read books than spend time with you? You could just as easily work on your business. But if you only have the weekend off every other week, you can plan something fun and special and make it an event that everyone looks forward to. You’ll make good use of the time you have, and the people with whom you spend it will remember it with fondness. This is what will matter most over time.
Reduce Your Workload
We’ve talked several times about how hard it is to run a business, especially at the beginning. It will take up a lot of your time and keep you from spending time with family and friends. When you do get to spend time with them, you will be very tired. Even if you don’t like the idea at first, there is a simple solution: cut down on your work.
Life goes quickly. It’s important to run a successful business, but is it more important than spending time with your family? You won’t want to be sorry that you spent too much time at work when they are grown up and have their own lives. Even though this won’t bother everyone, and for some, business has to come first, you’ll need to spend more time with your family if you know you’d regret not doing so. You could scale down your business or hire freelancers to help you, and this idea is actually one that can help all business owners free up more time.
When you outsource processes, you will automatically gain the time back that you would have spent doing that work. Whether you choose to outsource your IT, accounts, or your digital banking transformation for finance with Liberty IT Consulting Group, you can focus on the core of your business and spend more time with your family, creating a work-life balance that really does work.
When it comes to working less, you definitely don’t have to give up on your dream, but taking a step back might be just what you need to be happy, and happiness is so important.