There’s an art to the balancing act between work and family life, and it’s not easy because the work will start to draw you in the more successful you become. You’ll want to dedicate more of yourself to work, but everything is a give and take. The more time you put into work, the less time you can spend with your family and vis-a-versa. I don’t have a magic number of hours you need to maintain the balance; that depends on your life. Are you a newlywed, or have you been married for 20 years? Do you have young children that need a lot of care, or are your children more grown and independent? You need to make that decision based on the stage of life you’re in. Once you’ve selected the number of hours you’re going to dedicate to keep the business expanding, do the same for your home life. If you’re not giving hours to your family, expect it to suffer a bit. Especially if you’ve married someone that isn’t also involved in the business who doesn’t understand what it takes to grow a business.
What we need to do is give the family more time than you would expect. I have never heard anybody tell me, “Oh my goodness, I wish I would have given my business more time.” What I always hear is, “Oh my goodness, I wish I would have spent more time with my family.” Because that time is never coming back. Analyze your life situation, see how much time you’re dedicating to what, and make sure that your family is a significant part of your life. Who else are you building this business for? Saving more time for your family means delegating more tasks to employees of the company. And that’s another topic in and of itself because delegating is one of the most challenging things that I have ever done in my life. Still, if you don’t start to delegate work, you won’t be able to scale your business and also have time to dedicate yourself to your family.
Contributor: Pablo F Pomes