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Tips to achieve work-life balance

WRITTEN BYJames Price | JPAbusiness

Stretching

There's no better time than the start of a new year to re-evaluate your approach to business – and life!

As part of being a business owner you owe it your business, your staff and your family to invest in yourself and your team.

This may take a couple of forms:

  1. Make a deliberate decision to invest in your nutrition, your physical and mental health, and wellbeing.
    This may seem like a cost to the business to begin with, but it will be rewarded with a leader capable of more robust decision-making.
  2. Develop trust in others in your business and learn how to delegate.
    See your team as an orchestra with you as the conductor – rather than you just being a piano player on your own!
    Sure a conductor can slip into the piano seat occasionally, because they’re really good at it, but there needs to be a horn section, a woodwind section, a strings section and so on, all working together and taking responsibility for their own parts in the performance!

Why it matters

Even the most successful business owner can suffer when managing the competing needs and priorities of their business, clients, staff, family, relationships, personal goals and interests.

These competing elements can take a significant toll on individuals, with stress and pressure affecting health and wellbeing, and also often impacting their ability to make sound business and life decisions.

To be successful in managing this balance you need to be supremely organised, disciplined, and able to evaluate trade-offs and priorities, depending on various competing factors and the expectations of those around you.

Helpful resources

This blog comes from our ebook: How to overcome 6 business pain points. If you need support dealing with pain points in your business, we’re keen to help you. Feel free to get in touch for a confidential, obligation-free discussion.

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Free ebook
How to overcome 6 business pain points

This ebook examines 6 common business pain points and provides actions, remedies and tips to help alleviate the pain: Working in the business instead of on the business; Building a team; Managing growth; Being tied to the business; Work-life balance; Cash flow.

About James Price | JPAbusiness James Price has over 30 years’ experience in providing strategic, commercial and valuation advice to Australian and international business clients. James’ blogs provide business advice for aspiring and current small to mid-sized business owners, operators and managers.