Tips for Managing a Healthy Work-Life Balance

05 Oct, 2017 / Comments: Comments Off on Tips for Managing a Healthy Work-Life Balance / By

Running a small business takes a lot of work. You are in charge of every little aspect of your business and ensuring that things run smoothly. It is very easy to become consumed with your work and let it take over your life. You suddenly find that you have little time for yourself and your family. The balance between your work and your personal life becomes tilted. While it may not seem like a big deal (your business is important after all), having this imbalance can actually be quite detrimental to the success of your small business as well as your personal life. Productivity can suffer. Overworking yourself can lead to serious health issues including stress, high blood pressure, heart problems and more. Striking a balance between work and life is essential for the health of your business and your own personal health. Here are 6 tips for managing a healthy work-life balance.


Create a Schedule for Yourself

Scheduling your time during normal work hours is probably already second nature to you. You know when all of your meetings are, when bills need to be sent out, when orders need to be placed. In the same way that you schedule your work day, schedule your personal life. This can make you more aware of how the rest of your time is spent. That being said it’s still a good idea to be flexible with your personal life schedule. If something major comes up at work, move personal engagements to a different time slot. Don’t just cancel them. In doing so, you take proactive steps to ensure that your personal life doesn’t get lost in the fray.


Delegate Tasks

Your small business is your baby. It’s understandable that you want to micromanage every little detail. You might feel as though if you don’t do it, it won’t get done correctly (or done at all). The right employees are integral to the success of your business. Delegate some of your tasks to them. Allow them to help you manage the workload involved in your business. If you do everything yourself, they won’t have anything to do, and you may find yourself overworked. If you tend to micromanage, this may be hard at first. Your business will be much more likely to succeed if you are willing to spread out the workload, and you will fare much better too.


Automate as Much as Possible

We live in a world where technology is everywhere, and it is helping to make our lives easier. Taking advantage of technology and automating as much as possible can help to greatly lighten the amount of work that you need to do. There are numerous types of software and even apps that can help you to do important tasks such as accounting, paying bills, creating invoices and more. There are even apps to help you manage and make the most of your social media accounts. There are all kinds of automation tools out there. With a little bit of research, you can find the ones that work best for you.


Set Clear Boundaries

Taking work home with you at the end of the day is easy when you own a small business, especially if you occasionally work from home. Set clear boundaries that separate your work life from your personal life. Resist the urge to constantly check your work email inbox. Walk away from your phone for a couple of hours and go for a walk. Taking this time to essentially recharge your batteries will make you better equipped to tackle work when you get back to it.


Stay Healthy

Your business is demanding. In order to keep up with those demands, you need to remain healthy. This involves eating a well-balanced diet, getting enough sleep at night and even taking some time to exercise. Regular exercise has been shown time and time again to boost energy, improve your mood and reduce your stress and anxiety levels. Taking the time to ensure your physical and mental health will allow you to not only meet the demands of your business, but to exceed them, and allow you to accomplish more in both your work and personal lives.


Take a Vacation

This can be a hard one. Taking time away from your business can be a scary prospect for many owners. Your work and personal lives depend upon you taking time away from your job from time to time. Vacations help to recharge you. You return healthier, happier, and more productive. If you can’t take a full week or two away from your small business, start by taking a long weekend. Unplug your phone and don’t open the work email account for the entire time. Life is too short not to take time to enjoy it.


Your small business is important to you, but it is not the only thing in life. Managing a healthy work-life balance is essential for the success of your business, but for your mental and physical health as well. With a healthy balance, you will be able to enjoy (and even grow) your small business and enjoy a full, happy personal life as well.


William Mahnic
William Mahnic is a Finance Professor at Case Western University and has spent more than 20 years in the finance industry before becoming a professor. Mahnic has appeared as a commentator on both TV and radio talk shows including NPR, Crain's Cleveland Business, WKYC 3 and The Washington Post. He has been interviewed in BusinessWeek, Wall Street Journal and The Los Angeles Times.

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