Balancing Work and Family -Time is Money

Is your life centered around family, work, and play (FWP), not necessarily in that order?

I am pretty sure the common denominator to ensuring a balanced life is TIME.  Spending quality time with your family, putting in enough hours at work, and having some downtime to enjoy the things in life that give you pleasure and lets you recharge your mental battery.

Many of us struggle with balancing what I will call the FWP cycle.  Work is required to earn enough money to take care of our families, and a discretionary fund is needed to pay for our “play” time, so most of us put more emphasis on the work part of our lives.   I have asked many business owners (both men and women) what an ideal day would look like to them and the universal answer seems to be having more TIME. As we get older, we realize how fast TIME goes by and there is no slowing it down.

So, how do you overcome that lack of TIME to balance FWP?  As a business owner, it is important to constantly be aware of your efforts.  Are you dedicating your time wisely or are you wasting valuable time doing things that may not be generating revenue, building business relationships, or are even within your area of expertise?  Think strategically when you are worried about managing your time.  Do not waste precious time doing the things that can be outsourced.  This quote by Jack Canfield is very relevant, “When you are able to maximize your potential by focusing on your core genius, you become more productive and effective”.

ACTION ITEM: Record every single task, project or activity you do for one week, noting which line items are income producers, core genius or something that was a time waster and should have been outsourced.
Share your list in our comments and let’s talk strategy and outcomes.

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