Per­sonal life takes back seat for small busi­ness own­ers

Wangaratta Chronicle - North East Regional Extra - - News -

HARDWORKING small busi­ness own­ers are feel­ing the pinch at home.

This is ac­cord­ing to re­search from CGU In­sur­ance sur­vey­ing 921 busi­ness own­ers, re­veal­ing that al­though most SME own­ers view suc­cess as ‘the free­dom to make my own de­ci­sions’ (68 per cent) and achiev­ing ‘work-life bal­ance’ (66 per cent), the top sac­ri­fices of SME own­ers are: work-life bal­ance (41 per cent), job se­cu­rity (38 per cent), miss­ing out on im­por­tant so­cial events (35 per cent), so­cial iso­la­tion due to long work­ing hours (33 per cent) and phys­i­cal health (17 per cent).

Top 10 SME work-life bal­ance “hacks”

1. Know your goals and de­velop a plan: Know what suc­cess looks like when it comes to your own work life bal­ance (it is dif­fer­ent for ev­ery­one) and de­velop a plan for how you can get there.

2. Keep a ‘ done’ list as a well as a ‘to-do’ list: Re­mind­ing your­self of your achieve­ments and cel­e­brat­ing suc­cess can help re­lieve stress and im­prove your work sat­is­fac­tion.

3. Out­source your life: Some­times it can be eas­ier to get help with things at home (such as gar­den­ing and clean­ing) than things at work.

4. Com­bine your so­cial plans: Max­imise your so­cial­is­ing time by com­bin­ing so­cial plans.

5. Net­work and meet peo­ple ‘out­side your bub­ble’: The ben­e­fits of net­work­ing to your busi­ness are huge, but it can also be a fun way to meet new peo­ple out­side of your usual cir­cle.

6. Say no to things: Choos­ing what is im­por­tant to you, and say­ing no to things that don’t align with this, is an im­por­tant step to get­ting your work­life bal­ance on track.

7. Sched­ule reg­u­lar ‘down time’: Tak­ing a few small breaks can make a huge dif­fer­ence in your work week, and re­store a bit of bal­ance to your day.

8. Plan meals for the week: Get­ting lunches and din­ners or­gan­ised for the week can free up time for spend­ing with fam­ily and friends and can also help you eat health­ier.

9. Find good help and hold onto it: Find­ing and hold­ing on to great staff, and del­e­gat­ing work when you can, can make a huge dif­fer­ence.

10. Get pro­fes­sional help, when you need it: Build a net­work of trusted ex­perts you can lean on when you need ad­vice and sup­port.

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