Jump to Main Content
USA flagAn Official Website of the United States Government
Industry Word

Blogs.Industry Word

Register

Balancing Work and Personal Life with Your Business

Comment Count:
12

Comments welcome on this page. See Rules of Conduct.

Balancing Work and Personal Life with Your Business

By bridgetwpollack, Guest Blogger
Published: January 22, 2013

January is the month when we promise ourselves we will change for the better…we say we will eat better, work out more and spend more time with our loved ones. And by February, we find ourselves right back into our old habits.

If you’re really lucky, the holidays may have provided a mental and physical break and rejuvenated your fervor for your business. Hopefully, you were able to spend time with family and friends and were reminded about what you work so hard for, and proved that time away from your work can do your work good.

But as an owner who has dedicated all you have to your business, it can be difficult to know how to juggle work and play. In the 2012 U.S. Bank Small Business Annual Survey, small business owners reported that “more owners in 2012 said their business is their life and their life is their business–up from 34 percent in 2011 to 45 percent in 2012.”

As with many things, the most important step in achieving work-life balance is to simply be aware of it. Know what your work and personal goals are and regularly take stock of where they stand and what needs to change.

It’s helpful to think of your life as a business, too. Its profits may not be measured in any currency and its benchmarks may not be defined by tangible assets, but it too has goals to achieve and plans to help you get there. Just like a business, to sustain yourself and your personal life over a long period of time, it needs to be analyzed, planned and dedicated time. Only once this “business” is made sustainable and profitable can it properly bolster your actual business.

As an entrepreneur who has laser-focused vision on the ultimate bottom line, it can be easy to forget about managing the personal aspects of your life. Similarly, if you have employees, you may slip into the role of the boss who demands that same 150% dedication from their employees as well. While they are most likely passionate, dedicated and hard workers, they need their own work-life balance as well. Try to make sure they have adequate time during the year to take their own leave and address their own personal goals and needs. The Golden Rule certainly applies: Treat your employees how you wish your boss had treated you.

The question then becomes, “What is adequate time to provide to myself and my employees?” and “How do I let go of some of the business aspects to focus on my own life?” These questions can have varying answers depending upon your personality, needs and the business that you are in. This is where it is helpful to have a mentor—someone who understands your business, but is removed from the situation so that they can see different aspects from you, the owner, who is engrained in all of the components.

Take the beginning of this new year as an opportunity to make a plan for your small business, your personal life and how you will balance the two throughout the next 12 months. Work with a mentor from SCORE or the Small Business Development Centers to evaluate this plan. Don’t beat yourself up if you happen to show up late for dinner or miss that deadline in lieu of a soccer game. If you haven’t already learned this in your small business endeavors you certainly will:

“When you aim for perfection, you discover it's a moving target.” -George Fisher

About the Author:

Bridget Weston Pollack

Guest Blogger

Bridget Weston Pollack is the Vice President of Marketing and Communications at the SCORE Association. She is responsible for all branding, marketing, PR, and communication efforts. She focuses on implementing marketing plans and strategies to facilitate the growth of SCORE’s mentoring and trainings services. She collaborates with SCORE volunteers and develops SCORE’s online marketing strategy.

Comments:

I believe I really needed to read this article. Since starting my own business I have not done anything other than work for the last several years. I feel like I do not know my business, it owns me. I am the entrepreneur who has laser-focused vision on the ultimate bottom line. Unfortunately I must admit I have completely forget about anything other work. Excellent article and very informative. Thanks
It is very difficult to manage both personal life and work. No matter how hard we try but at sometimes or other we feel that we are not doing justice to either work or our life. What is require to balance work and personal life is a will to implement what we have planned. Things in order hardly go haywire. Besides it helps in dividing our time skillfully.
Putting First thing first and also giving priority to those that would not affect your performance is the best strategy you can follow. Maintaining the line of control between professional and personal life ought to be done.
Thank you for bringing up this topic for discussion, I also agree that identifying your goals is the first step in balancing your work and personal life.
A good owner is one who not only manages his personal and professional life, but also gives empowerment to his employees so they can also balance their lives easily. When someone is relaxed from this then he will be more productive in work and have fun at home.
It's very difficult to separate the two elements; it's even more important in this instance.
balancing work and personal life with business is very important key for success.you have to follow all rules and regulation.thanks a lot to the writer of this site.keep going.
Nowadays it is easy not only work from home, but study online from home. You get HD quality video lectures, expert tutor support and much more. The courses provided by InterActive, an award-winning e-learning platform are really great This post was edited to remove a link. Please review our Community Best Practices for more information about how best to participate in our online discussions. Thank you.
Working from home makes the task of having a good work/life balance even more difficult as your business is all around you. It's very difficult to separate the two elements; it's even more important in this instance.
Work Life Balance: A New Boon  This post was edited to remove a link. Please review our Community Best Practices for more information about how best to participate in our online discussions. Thank you. Written sometime ago but holds good more now.

Pages

Leave a Comment

You must be logged in to leave comments. If you already have an SBA.gov account, Log In to leave your comment.

New users, Register for a new account and join the conversation today!