The idea of work-life balance is that having a fulfilling lifestyle outside of work can improve performance at work while reducing stress. Time spent working should be offset by time with family and friends, staying fit, traveling and engaging in other enjoyable hobbies.
How does work-life harmony work? And why should small business owners care about it?
What is Work-Life balance?
Balance between work and personal life is what we call a “work-life” balance. Work-life balance doesn’t have to be a 50-50 split between your work hours and hobbies. Balance is nuanced and varies from person to person.
You might instead think of the work-life as a balance that is between success, and enjoyment. It would be impossible to sacrifice one thing for the other. The perfect work-life balance involves finding ways to both enjoy and enhance your free time while also pushing your professional achievements.
How does work-life balance work?
The concept of work-life-balance exists primarily to draw attention to the fact being a workaholic can be detrimental to one’s mental and physical well-being. Socializing, exercising, and having hobbies are all ways to be happier and healthier.
Work-life balance doesn’t only apply to those who have difficult jobs. Everybody is at risk of having work consume a large portion of their lives. Work-life balance is important for those who enjoy their job. It can reduce stress and help prevent burnout.
Note:
A poor work-life balance may negatively impact your mental health. Work-life balance issues are not uncommon, but mental health professionals are prepared to guide you through the roughest patches. Do not hesitate to contact a professional if you think you would benefit from a more balanced work-life.
Small business owners and work-life balance
Although running a small business can be a rewarding experience, many business owners spend too much time working. Owners may be so focused on the business that they don’t even realize how it interferes with their personal and family life.
To avoid this, you should give your family and close friends the attention and time they deserve. It’s important to assess yourself and make sure you are spending enough time taking care of yourself. Most people report that incorporating time management techniques into their daily lives has a positive impact on their work-life harmony.
Note:
You as an employer must also be cognizant of the issues surrounding work-life balance for your employees. Encourage them to achieve a work-life balance that suits their lifestyle.
Delegating and outsourcing to free up time
Small business owners often have difficulty delegates tasks, especially when their business is brand new. Many small business owners fear losing control and try to reduce costs.
You can also hire a contractor. Consider hiring a contract. Delegating tasks can include:
- Bookkeeping
- Business website design/maintenance
- Social media presence
- Public Relations and other promotional activities
- Customer support
- Data entry/filing
- Deliveries/pickups
- Invoicing
- Office Supplies and Equipment: Buying office supplies and equipment
- Support for technical support
- How to pay your bills
- Making bank deposits
- Plan your travel expenses, including booking flights, hotels and other services
- Office Cleaning
You can also delegate work at home. It’s the same at home. Many household chores can be outsourced if you are short on time or don’t like doing them. You could set up an allowance for your children to teach them about money and help you around the home. Outsourcing household tasks can include:
- Yardwork
- Window Cleaning
- Cleaning gutters
- Cleaning up your house is easy.
- Laundry
- Grocery Shopping
- Renovation projects that include painting
The Key Takeaways
- Work-life balance refers to the concept of finding a good balance between your work and leisure time.
- The ideal balance between work and life is a very personal thing.
- Consider hiring and delegating to new employees if you are struggling to find a work-life balance. If you don’t see improvement, consult a mental health specialist.
