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Central to the mindset of most entrepreneurs is converting an idea, invention, passion or hobby into a business that meets consumer needs while making a profit, which seems like an ideal way to make a living. While entrepreneurship is often associated with the well-known mantra, “Find something you love and you won’t work a day in your life,” many in the entrepreneurial trenches would argue that’s not the case due to grueling hours, funding worries, and finding people who are able to cover areas outside their area of expertise.
On the road to success, entrepreneurs must rise to the occasion quickly and become exceptional business leaders while guiding their businesses to new heights. This requires a strategic approach to focus on core competencies, managing day-to-day operations and guiding people to grow a business. Though entrepreneurs are adept at juggling multiple plates and wearing multiple hats, savvy entrepreneurs understand the importance of maintaining a balance inside and outside of work in order to be the best version of yourself, both professionally and personally reach.
Entrepreneurs and leaders who develop balance improve their work success equation and make great strides in creating a balanced lifestyle that leads to long-term contentment and happiness. Here are four things to consider.
See also: 7 ways to get from burnout to balance
Balance is typically defined as a state in which various elements are equal or in the right proportion to help someone or something remain upright and stable. While most agree that work and life cannot be balanced at the same time due to different circumstances, they can be averaged so their benefits complement each other over time.
Balanced leaders recognize when they are spread too thin and take the necessary steps to seek support and regroup before they reach burnout. Conversely, when operations slack off, they demonstrate an awareness of taking much-needed time away from the office to refresh and rejuvenate.
See also: How to regain work-life balance
Embrace a brave new world
There is no doubt that society has entered a brave new world where companies are working at breakneck speed to adapt and respond in areas such as increasing societal concerns, rapid technological advances, evolving workforce demographics and shifting workforce priorities employees to keep up. A common thread that drives and unites these areas is the desire for an enhanced work experience that equals a better life. As organizations continue to embrace the values of this brave new world, their actions should help business leaders better recognize the importance of adopting habits that support a healthy work-life balance, not just for themselves but by example for others.
Find ways to create balance
Now is the time for leaders to find ways to create balance and implement best practices to drive positive outcomes.
See positions as a calling — When leaders view their work as a calling, they develop a new perspective on how they approach their responsibilities, which reflects a higher purpose of transforming the lives of others, including employees, customers, communities and personal relationships. A vocation mentality provides a solid foundation for emphasizing work-life balance.
take care of people — Smart leaders recognize the importance of caring for their employees, which leads to stronger relationships, engaged employees, well-developed and knowledgeable teams, and increased employee engagement. When leaders have teams they can rely on, it not only makes it easier for them to focus on other things inside or outside the office, it also allows employees more flexibility and balance.
Build strong networks – In order to achieve a balanced lifestyle, leaders should build strong support networks in their professional life and in their personal environment. When leaders have mentors and peers who act as trusted advisors and hold them accountable for the right management of their health and well-being, it helps create a better work-life balance. Conversely, building outside support networks that encourage family activities, nurture interests, and fuel fitness initiatives are important ways to make connections outside of work and develop habits that create balance.
control schedules – When corporate leaders take more control over their schedules, it can seriously upset the balance. Leaders should be selective about the number of meetings they attend and the time they travel on business, which can sometimes be delegated to team members. It’s important to take time each day to take mental breaks that help clear the mind and open up a new perspective. Most importantly, leaders utilize assigned PTO, attend community participation events, and prioritize physical and mental health. Leaders who take care of themselves by controlling their schedules are better able to find balance and care for others.
Look in the mirror
When leaders take steps to lead more balanced lives, they can look in the mirror and see a more relaxed person who is better able to focus and make strategic decisions necessary for a company’s success. Her reflection also reminds her that they set an excellent example for their teams by encouraging workers to practice work-life balance by making work a calling, increasing their fitness efforts, attending volunteer events and making time .
Additionally, balanced leaders who form stronger bonds with family, friends, and others in the community see themselves as committed individuals who transform the lives of others, which in turn improves their lives exponentially. Business leaders who speak about work-life balance develop teams and future leaders to share similar priorities, and set an exceptional example for relatives and acquaintances who join the workforce.
As work and life seem to be changing at an ever faster rate, business leaders need to evaluate both sides of the equation to help develop professional and personal habits that lead to balanced leadership and lifestyles that complement each other. When leaders achieve the optimal mix, they should experience more joy and success in pursuing their goals.
See also: The first step to work-life balance? Stop calling it that.