POSTED 15 May 2017 - 14:18

Work-life balance for entrepreneurs?

As one who is considering entrepreneurship, I've been wondering if it's possible to drive a business without sacrificing too much time with family, rest, etc. Any experiences or tips to share please? Thanks.
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disrupteddisruptor
30 May 2017 - 16:42

@Darreno, thanks for your response! Yah, that was my guess too, that it would have to be work-skewed. Thanks for your perspective on little ones getting the chance to broaden horizons - that's something positive I hadn't thought of.

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Darreno
30 May 2017 - 10:09

In my experience, there is no work-life balance. It may be skewed more towards work at the beginning & may seem to stabilize as business becomes more established. Being a SME owner, we have to be on our toes always. Family will adapt & if you seize the opportunity to expose family members especially the younger ones, it will broaden their horizons. Not a bad trade-off.

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disrupteddisruptor
17 May 2017 - 15:17

@Small-Business-Specialist, thanks for sharing your thoughts! It's not my primary goal... so it's helpful to think along the lines you suggested, about what my goals are, and whether they might run into conflict with each other. Thanks again.

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Small-Business-Specialist
16 May 2017 - 20:23

Hustle or Work-Life Balance ... That topic has always been keenly debated. In my personal experience and opinion, it all boils down to the reasons why you are starting your entrepreneurship journey.

Are you starting out because you are tired of the pressures of keeping a job? Tired of the constant work pressures and wish you could have more control of your time and activities?

Or are you starting out because you have a brilliant idea/capability that you would like to monetize?

Or are you starting out because you have a brilliant idea that you would like to touch and impact as many people as you possibility can, and hopefully be able to improve their quality of life?

Different goals result in different approaches.

If you are goals are aligned along having a work-life balance, make sure you and your team understand and agree on these goals collectively. You need to be sure that everyone on-board understands that the journey isn't to make the most money, isn't to touch and impact the most people but rather to achieve financial freedom and a work-life balance for everyone. If that's the goal from the on-stead, I see no reasons why you cannot be a work-life balanced entrepreneur.

Wishing you all the very best in your entrepreneurship journey.

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