Top Tips for Work-Life Balance for Female Entrepreneurs
Remember the days when most women stayed home and typically didn’t work outside the home? Well, those days are long gone and women have taken the business world by storm. These fierce females are now CEOs in corporate or running their own successful companies. But even with their success there is a downside: not having enough time for themselves or their families. When it comes to creating the right work-life balance, you need to know where to start.
When it comes to being a lady boss, you need to delegate household and work responsibilities. Yes, you might be able to do it all, but do you really need to do so? Say you’re trying to rapidly scale your business and need additional funding. You have several options like crowdfunding or looking for investors, but really want to keeps things in house if possible. You really need to free up time so you can research different small business loan options. This means enlisting the help of your partner or employee to take over other daily operations. Since a business loan can help you grow your business, you need to your documentation in order before you apply. Lenders will want to see a business plan, your profit and loss sheet and also your future projections. This requires times and probably a whole lot of patience, so you need to hand off some of the responsibilities to get things done properly.
Focus on Yourself
When a business is new, it’s normal to throw yourself into it and never take time for yourself. After all, you want to be your own boss and already knew that the first couple of years would be tough. While building a business does take a lot of manhours, you also need to give yourself time to regroup. Not taking time for yourself and family usually leads to burnout and probably a lot of family members feeling rejected. Consider outsourcing household administration and schedule downtime where you only focus on yourself and your family. Keep in mind this doesn’t mean doing housework or going to the market. You should do activities that you and your family enjoy and spend quality time together. Once you start burning the midnight oil again, you’ll probably be surprised how much more you accomplish.
It might sound corny, but you need to love what you do. So many times, we try to start a business because we think it’s the right thing to do. Sadly, if you’re not doing something you’re passionate about, you usually end up feeling like a hamster in a wheel. You won’t be excited to wake up and start your day. You might even start to resent it. Make sure you embrace each day and your company with enthusiasm. Choose a business model and niche that you feel strongly about; one you know you can make a difference in.
Let Your Family In
As a strong, confident woman, you want to take on the world without needing any outside help. You might even feel like asking for help makes you weak. But you know what? That’s the farthest thing from the truth. Behind every successful entrepreneur is a team of family and friends who are ready to step and give them the support they need. When you’re feeling run down or even feel like giving up, let them know so they can help out.