Monthly Archives: February 2016

You are a Business Owner — Not a Superhero

 

Business owners are a breed all their own. They want to do it all, believe they have all the answers, and have to win every time!

Do you know the real measure of success for the business owner? When they have built the structure to support itself…without them being involved.

Business owners frequently wore every hat possible while building the business and will find it challenging when it’s time to remove one of those hats. The fact is a business owner only has so many hours in a day and is limited by a finite amount of bandwidth. In order to grow and expand, the business owner needs to structure the business with systems and accountabilities that don’t require their 100% involvement.

At some point Microsoft had to be more than just Bill Gates and Paul Allen. Jeff Bezos is no doubt the man in charge at Amazon, but how much of that company is operating autonomously? Sure, you can say, with the size of these organizations, it is without question they are bigger than the founder, but which came first? The willingness to delegate, structure and hire the right talent to be accountable, or the business just became too big so minions were added while the owner continued to do all of the heavy lifting?

As much as we like to think of these giants of business as a type of superhero, they are simply human with an understanding of how to build talent around them with the right structure for growth and accountability.

What – or who — do you need in your business in order for you to be able to step away and it run as smoothly without your constant presence?

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Work/Life Balance Doesn’t Work

Let’s face reality: It is impossible for the entrepreneur to turn off work completely. If you love your business and work hard to make it thrive, it is a part of the fiber of your being. Saying you will turn off work is like saying, “I won’t think about my left leg for the entire weekend.” So what is the answer since we also know burnout is a reality facing entrepreneurs

Work/Life Blending

It is impossible to turn off work; however, it is possible to hit the pause button while you engage in another activity.

Instead of trying to a work/life balance, try breaking your day into segments. Work segments. Family segments. Personal segments. Have a full day of meetings? Take a few minutes in between them to text your spouse and share a funny story, a word of encouragement, send an emoji to your kids, etc.

When you are facing a day packed with important meetings with significant decisions in each, you must give yourself some personal time in there to grab a breath and recharge. Take a 30-minute walk around the block, call a buddy to talk about the game last night, whatever gives you a chance to catch your breath. It may feel like it sometimes, but running a business isn’t a sprint; it’s a very long race and you have to sustain your energy the entire way.

Once you understand how to work in segments and prioritize your day, you will find a good rhythm to your day to take care of your business, yourself and your family.

Three truths to keep in mind when blending your day:

  • Family needs you when they are ready, not when you are ready.
  • Some of your best work ideas will arrive when you are in the gym or having personal time.
  • A happy family and a happy you make for better decisions in your business.
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