The Family Business Balance Equation
Summary
- Find ways to make your business and family life work together so both can improve each other.
- I have a friend who hosts large events and goes away for weeks. He found a cool solution by having his wife host events for the families of attendees at the same time.
- This way, his business events and family events happen together, benefiting both.
- Instead of seeing business and family as separate things, think about how one can support and enhance the other.
Video
How To Take Action
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I would suggest implementing strategies to make your business and family life work together. Start small by including your family in minor business activities, like brainstorming sessions.
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A good way of doing this is by aligning family time with business events. If you have a business event coming up, consider arranging an activity for your family at the same time. For example, if you attend conferences, maybe your spouse and kids can join you and enjoy activities in that city.
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You could also involve your family in understanding your business. Explain your work to your kids in simple terms. This helps them feel included and might spark their interest.
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Another approach is to use technology creatively. Schedule video calls when you’re away on business trips to stay connected with your family. Use shared calendars to keep everyone informed and involved.
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Think about how your home environment can complement your work. Set up a dedicated workspace at home where your family can see and understand your business routine.
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Look for opportunities where your business network and family network can overlap. Host gatherings where both your business associates and family members can interact and get to know each other. This fosters a supportive community.
- Lastly, always be conscious of work-life balance. Designate specific times for work and strictly family-only times. This ensures both aspects of your life get the attention and care they need.
Implementing these strategies can make both your business and family life stronger and more cohesive.
Full Transcript
find a way to engineer your business and engineer your family so the two things make each other better I have a friend and he hosts really large events and when he hosts those events he has to go away for weeks at a time and he has a wife and they have kids the coolest thing I ever saw is what he ended up doing is that when he hosts this business event is he has his wife host an event happening at the same time for the wives and families of the people that are attending his event and so they literally found a way to not just create an environment where his business made his family better and his family made his business better but where they could do that for other people as well we look at these things as separate systems but if we look at how could I use my business to make my family better
