Select Page

Just about any successful entrepreneur will tell you it takes lots of hard work to get there. It will all be worth it once you make it, but what about in the meantime? How do you balance the rest of your life when so much of your energy is focused on getting your venture off the ground?

The first step is to know going in, that it won’t be easy. It will take plenty of hard work to pull off whatever business you’re trying to get into, but maintaining the rest of your life in a healthy manner will also be work.

Here are four tips for entrepreneurs looking to achieve life balance.

1. Know It’s Possible

One of the easiest things to do in life is to give up when times are troubling. You may think there is nothing wrong with slinking back into your comfort zone and abandoning your potential venture.

In fact, some believe that a healthy work-life balance is a myth for entrepreneurs. It’s not a myth.

Living a balanced life may be different for everybody, depending on your life situation. It may not always mean balance in the traditional sense of the word, where you’re giving everything in your life an equal amount of time and attention.

Also, balance can’t be forced. Think of an acrobat on a high wire or a gymnast on the beam. Sometimes the harder they try to stay balanced, the easier it is for them to fall off. That thinking can also apply to your life. The key is to achieve balance in a seamless way that doesn’t end up dragging you down in the process.

2. Get a Hobby

One surefire tactic entrepreneurs use to make sure they don’t burn themselves out is to develop a hobby that can act as an escape from work. This can be trying something new or paying more attention to activities you’re already familiar with.

Hobbies run the gamut. It may be golf or tennis. It could be video games or poker. It could be music or short film production. It might be writing a novel or maintaining a blog. One general rule of thumb: A successful hobby shouldn’t be too expensive or too cheap.

No matter what your hobby is, it can help relieve work-related stress and simply give you a moment to take a step back from it all. You may also involve family or friends in your hobby, a good way for a hard working entrepreneur to maintain social relationships.

3. Copy Successful People

Your entrepreneurship hasn’t turned you into a billionaire yet, but that doesn’t mean you can’t act like one. No, this doesn’t mean eating lavish dinners on a yacht in some exotic location. It means taking a look at the habits of billionaires and integrating those habits into your own life.

Even if billionaire status feels unattainable, it’s comforting to know that billionaires are people too, and many of them weren’t always ultra-wealthy. They also needed to strike the right balance between work and the rest of their lives. That often includes taking time to exercise, doing something for yourself, practicing your faith or giving back to the community.

Another thing successful business people tend to do is connect with mentors from outside of their given field to learn something new. A common thread among successful entrepreneurs is they like to learn. Even if it feels like you’re learning something that doesn’t apply to your particular business, it’s a good bet you can take something from almost every learning experience and apply it to your work as an entrepreneur.

4. Know You’re Not Alone

It’s not exactly breaking news, but you’re not the first entrepreneur in the world, and you certainly won’t be the last. Many have come before you — both successful and not. Discovering how they mastered a work-life balance can go a long way toward finding a way to do so yourself.

One tip to keep in mind: Let go of fear. This ties back to the acrobat on a high wire analogy. If you play scared — whether it’s fear of working too much, fear of failing, etc. — more often than not, you’ll only bog yourself down.

There is, of course, plenty at stake for any entrepreneur. You do want to keep that in the back of your mind, but oftentimes going about your business like you have nothing to lose — in a measured way that’s not reckless — can yield results while also building confidence.

Put another way, take a look at successful entrepreneurs you admire and find a way to apply what they do into your own routine. It doesn’t have to be an exact replica, but rather something that makes sense for you personally.

Nobody said being an entrepreneur would be easy. You know that. Maintaining work-life balance can add to the challenge. Keeping these four tips at your disposal can help you get there.

What do you do to achieve balance as an Entrepreneur?

Anum Yoon is a freelance writer who focuses on finance, business, and entrepreneurship. She runs a personal finance blog called Current on Currency.