It’s no secret that it takes a strong work ethic to become a successful business owner. But if you don’t take time for yourself, you could easily end up burning out and losing your passion for your business. If you find yourself thinking that the work-life balance is easier said than done, here are a few tips to relieve tension and enjoy all aspects of life.
Delegate as Much as Possible
When you first started your company, you probably "bootstrapped" wherever you could in order to save money and grow the business. But, as you become more and more successful, it’s important to adequately scale your business and outsource tasks wherever you can. Maybe that means hiring a freelancer to write your online product descriptions or an accountant to manage your payroll. Don’t just limit delegation to your work life; view your responsibilities holistically. What are some things at home you could outsource to save time? A house cleaner or professional lawn service may seem like a luxury to some but imagine using that time to pitch a new client, instead of tending to household chores. The payoff could be much greater.
Create a Schedule
Being a small business owner requires you to wear a number of hats and put out various fires throughout the day. That doesn’t mean you can’t create a schedule and stick to it. Start your day with something that gets you ready for the day, whether it’s going for a jog or doing some yoga. Then schedule certain tasks around your must-do appointments or meetings of the day. Set a time to catch up on emails rather than constantly stopping what you’re doing. Also, be sure to take personal breaks throughout the day; not only will you feel rejuvenated, it also leaves space for more creative thinking.
Invest in the Right Tools
Just as you should delegate certain tasks to other people, you can also save yourself time by using the right tools. Whether it’s looking into equipment leasing for better software or simply integrating productivity tools into your day, a more efficient process can help take a significant weight off your shoulders and add more room for personal time.
Learn to Say No
Not every opportunity is necessarily a good one. When you’re first starting your business, you may jump at every potential client or order, regardless of the size of the profit margins. As your business grows, however, you can be more cognizant of your time and how much you’re actually earning for each opportunity. If the profit (or exposure) isn’t that great, it may be time to say no. That way, you’re not burning the midnight oil for small potatoes—instead, let yourself get some rest so you can be better focused on your core business the next day.