Entrepreneurial life is difficult. Work-life balance is almost a myth. Over building the company, looking after client welfare, striving to enhance conversion rates, and keeping the company afloat, having any time left for personal and professional development is out of the question. Or is it?
While these are the existing preconceptions the outside world has about the lives of entrepreneurs, the truth is a little bit different. One can find balance, says most entrepreneurs, if one is ready to set boundaries, delegate, and learn to say no. Let’s look at these mantras a little more closely.
1. Set boundaries
Just because you run the company does not mean that you have to be in charge all the time. Set boundaries as to how much of your life could be consumed by your work.
For example, you could create a rule, for yourself and other employees within the company, that restricts work-related talk after 7 in the evening. This gives everyone a chance to crack their knuckles and work on their personal welfare.
On a more important note, make sure you don’t feel guilty for setting aside time for yourself. Feeling guilty destroys the purpose of boundaries and the stress that ensues is as dangerous as a 24/7 workweek. Learn to appreciate the fact that you are not a robot and that work is just one part of your life.
The first step here is to realize that not everything has to necessarily go through you. Assigning some of your work to equally capable personnel within the organization is not such a bad idea.
If you are a perfectionist, you might be completely against this idea, always having had the urge to overlook and refine any work that comes under your jurisdiction. What you have to know is that in addition to giving yourself a chance to breathe, delegating work could also be an opportunity for you to train your team members in taking up responsibility.
3. Learn to say no
Finally, we have arrived at the most difficult part. Every one of us hates saying no, especially to good opportunities. But here’s what you must remember: good opportunities may come back, but lost time doesn’t. Signing a contract for an enormous project at the risk of burnout is just not worth it.
Once you start feeling there is already too much on your plate, start to decline further offers. If the mention of work begins to make you anxious, it is a good sign that it is time to unload.
Being an entrepreneur can be great. But it does come with a fair share of challenges. The inability of most entrepreneurs to attain work-life balance is one of them. However, by following the afore-mentioned mantras, you can prioritize your personal welfare while also maintaining the role of work in your life. After all, discipline is one of the most defining factors of a true entrepreneur.