Being an entrepreneur is a major time commitment, and often a huge risk. It often takes up all of your time and then some. So many people think that it’s impossible to balance a family and a career as an entrepreneur. It’s not necessarily easy, but I can tell you from experience that it can still be done. I recently came across an article that shared some tips for balancing the two, using advice from several successful parents/entrepreneurs. Here’s what they had to say:
Prioritize your commitments: With family and work both taking up your attention, it can be hard to figure out which one you need to prioritize. You need to be realistic about what you can accomplish, and not try to take on more work than you can handle. Even if you’re busy, make sure you stay involved with your child, keep a routine and always have a back-up plan.
Hack your time: While most work-at-home parents can’t stick to office hours, you can always hack your time. Various time hacks can help with your work day, such as cooking for two meals at once, shopping online, doing things in batches and having your dry cleaning set to pick-up and delivery. Removing these distractions from your work allows you to save far more time and get a lot more done with the limited time you have.
Outsource/delegate work: Family activities often make it difficult to make obligations, so train your staff or hire somebody who can take your place when you can’t be there. Try online outsourcing, getting a virtual assistant, and even teach your kids about how they can help.
Grow your parents’ network: As you meet other families through school, playgroups and your neighborhood, you grow your “parent network”, helping you earn your place in the community. This allows you to meet interesting people you wouldn’t otherwise meet, who could turn into valuable contacts or even partners.