Balancing Your Business and Health
Maintaining a work/life balance is easy when you make money online, right? You typically work from home and you have no one else to answer to, so it should be easy to switch off.
Unfortunately, that’s not always the case. In fact, many home-based business owners struggle to strike a healthy work/life balance because the lines are more blurred.
Tips for achieving and maintaining a healthy work/life balance.
Have set work hours – and stick to them
Set work hours for yourself and do everything in your power to stick to them. Otherwise, before you know it, you’ll be working until midnight every night.
Find time for your finances
Whether you work for yourself or not, it’s important to feel confident about your finances. In order to do this, you need to get some accounting software in place and use it from day one.
Cash flow is one of the biggest challenges facing small businesses. You should start using accounting tools early on so you know what’s going on, financially, from day dot.
Manage your time, long term
Create a timeline of your activities. Specific computer programs can help with this, or you can customize your own Excel spreadsheet or Word table.
Put dates across the top and activities down the side. Break each task into components.
Include family commitments – such as holidays, birthday parties, etc. – so you don’t forget that you are unavailable for work on those days.
Make your workspace work for you
Working for yourself does tend to require long hours and not much downtime, so invest in equipment that will support you.
That includes getting a comfortable chair, an ergonomic keyboard, a support stand for your laptop, etc.
Do what you love
Make time for something you love – other than work – and give it the time it deserves. It will energize and refresh you, and enable you to nurture the creative thought that is essential to every business owner.
At the end of each working day, perform a little self-analysis. Ask yourself what worked today, what didn’t, what went wrong and how the issue can be fixed.
Remember there are thousands of businesses just like yours learning the same lessons every day. Don’t forget to tap into the valuable resources around you – your peers – for help.
Step out outside
Working for yourself can get lonely, so schedule some phone calls or coffee time with like-minded business owners to discuss ideas and offer each other support.
Get business training
Find courses, books, information on the parts of business that you are not up to date with. Find out what works for the successful online business owners. There is always something new to learn so keep up to date. From the simpliest of things that a lot of business owners overlook to the nitty gritty of websites and SEO.
Everyone makes mistakes, and it’s no different for entrepreneurs launching a new business. Getting a little tripped up here and there is natural, but for a startup, even little errors can become costly down the line.
Luckily, countless entrepreneurs have blazed the startup trail before, and many of them have committed common mistakes the rest of us can learn from. With a little bit of planning and the wisdom to learn from the advice of others, you can avoid some typical stumbling blocks.
Don’t be afraid to fail.
The biggest mistake you can make is to be afraid of failure. Failure is key to your success, and jumping into your fear is very positive for your future business. How you pick up after failure and learn from your mistakes is the key to great success.
Being organized is key. Running a small business is like being a circus ringmaster. It’s normal to have dozens of things happening at once. So, I have a daily task list, things that I need to do. And I list them by their priority. It sounds simple, but it works, and makes me far more productive.
Don’t misinterpret your market.
The biggest mistake a business owner can make when launching a startup is misinterpreting the market. Whether it is underestimating [or] overestimating costs, appealing to the wrong target demographic, or poorly gauging the demand, misinterpreting your market can end your business before it even starts.
Entrepreneurship is often a solo endeavor. Sometimes, this is ideal for those who don’t want to answer to anyone but themselves, or who enjoy working at their own pace. However, all the alone time spent building your brand, the off-hours spent dealing with clients and paperwork, can isolate you from the rest of the world.
Among the chaos that is your work life, you also need to prioritize your health and happiness. If you’re dragging your feet or fighting back tears at the end of the day, your passion and spirit will wear thin. You won’t just lose your will to run your business, but you might also lose relationships with loved ones.
Responding and being able to cope with stress is what most people today are looking for and thus it would be worth exploring how to respond to stress in the quest to gain some control over this negative effect and get back some peace in the everyday life cycle of the individual.