4 Ways to Balance Family Time When You Own a Business

Juggling business and family is a constant struggle. We know Americans have a poor work-life balance. As a busy entrepreneur, there are a number of ways you can successfully focus on your career and personal life. Here’s how to do it.

1. Spend More Quality Time With Your Family

A job involving owning your own business comes with long hours. “The standard workweek is 40 hours, although many real estate agents will be asked to work beyond the typical 9-to-5, especially since many client meetings take place on weekday evenings and on weekends,” says U.S. News. When you own your own business, you could spend 50 or more hours in the office.

Try to make the most out of your free time with your family. Even if you’re tired after a long day. It doesn’t have to be anything extraordinary. You can go for a walk in the park with your kids or watch the latest Marvel movie in the cinema. Create experiences with your loved ones that you’ll remember instead of just falling asleep in front of the television after a hectic day.

Time management is important and lets you schedule your precious time properly. Apps like Trello and Wunderlist help you balance your work and family life.

2. Further Your Career

Enrolling in a continuing education course could help you find a better-paying job. The result? You can work fewer hours and spend more time at home. You could train to become a broker or appraiser — two roles that might provide you with the financial stability you require — and get a job with another company. Alternatively, learn new skills that will let you carry out your current job more effectively. Although you will need to set aside time to study, further education could pay off in the end and not just financially. You’ll have far more time to spend with your family.

3. Train Your Staff

Want some time off? Encourage your staff to learn new skills or take on new employees. Not only will training benefit them in the long run, but you could soon delegate some of your tasks to these employees, which will free up your schedule. It’s also important to know when to hire new employees so you’re not over-encumbered with too much onboarding or too little help on staff.hereT are various training programs for real estate professionals who want to further their career prospects. These include pre-licensing courses where students become certified salespeople, brokers, home inspectors, or securities specialists.

4. Take a Vacation

If work is stressing you out, it could be time for a vacation. Entrepreneurs might be reluctant to take time off, fearing they’ll lose out on commission. As an owner, it might scare you to leave your employees alone. But taking some a few days away from the office will recharge your batteries and improve your well-being.

Don’t forget to make plans before you leave, though. “Hand over your current business to a fellow agent in your office,” says Market Leader. “You’ll have to be willing to split your commission, but if you agree with the psychologists and studies mentioned about the importance of taking time off, it will be worth it.”