For some founders, work and life easily become enmeshed. When your company is such an important part of your identity, boundaries have the tendency to become blurred. The increase in technology and the pressure to be “always on” can make this distinction even more difficult.
As the founder of a company, finding a work-life balance can feel next to impossible. But it doesn’t have to be. Find out how leading CEOs around the world have created their own ways to manage the stresses of their professional and personal lives and see entrepreneurial success.
How Founders Around the World Find Entrepreneurial Success and Maintain a Work-Life Balance
While some entrpreneurs believe that they have to sacrifice their personal lives to see business success, many business leaders are making the case for the importance of maintaining a work-life balance. There's a number of ways to do this, but we'll take a look at some of the most common suggestions from CEOs themselves.
One Entrepreneur article surveyed 12 founders on how they manage the work-life balance. Dave Rusenko, Founder and CEO of Weebly, explained that he takes time to prioritize the important people in his life.
"It’s also important to devote the right amount of time toward the important relationships in your life, like my marriage. There’s lots of people at Weebly, and they also have families and that’s the most important part of their life."
Facebook COO Sheryl Sandberg has often been credited with a similar viewpoint, quoting as stating: "The most important career decision you'll make is who your life partner is."
Since the people you surround yourself with have such a big impact on your business success, maintaining healthy personal relationships can essential. Having A+ people in all facets of your life can limit stress and keep you working at your best. With these people by your side, you can greatly improve your chances of developing a company and maintaining a work-life balance.
Taking Time For Yourself
In the same Entrepreneur article mentioned above, mattress company Casper’s CEO Jeff Chapin claimed the key was being able to turn work off at the end of the day.
"If I go to bed and I’m not thinking about work, then I’m doing OK in the work-life balance. It’s about being able to shut off work at certain times."
Many founders and CEOs have echoed this sentiment. Ev Williams, co-founder of Medium and Twitter once said: "Take care of yourself: When you don’t sleep, eat crap, don’t exercise, and are living off adrenaline for too long, your performance suffers. Your decisions suffer. Your company suffers."
Another strategy that some leaders have employed is to schedule personal time into their calendars like they would any other meeting. This way they can keep consistency in both parts of their lives.
The Economic Times explored how several start-up founders in India maintain a work life balance. Many of the leaders they surveyed suggested incorporating regular exercise into their routines. Once companies were slightly more established and had consistent levels of growth, founders also recommended incorporating personal travel and vacation into their lives.
While both of these tactics can be extremely helpful in allowing founders to take a step back and prevent their work from becoming all-consuming, billionaire investor Warren Buffet has his own take on work-life balance: geographic location. Buffet claims that by living in Omaha, Nebraska, he can maintain a more balanced life than he might in a huge hub like New York City.
What does it all boil down to? It is possible to find entrepreneurial success and maintain a work-life balance. Each founder or business owner will have to try different tactics and see what works for him/her, but there are a variety of strategies to keep you on the path to success and avoid burnout.
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