We try to create our lives around what makes us happy, but fail to question the pains we are ok living with. Of course, we all want a perfect marriage, behaved children, a booming business, and an impressive house, but everything (e-v-e-r-y-t-h-i-n-g) comes with a compromise, an investment and some pain to achieve it. However, when it comes to marriage or relationships, we often tend to neglect that same investment because we get too comfortable; we settle. We don’t think that our relationships should be painful, but they all do come with some trade-off. We may grumble and ‘nag,’ huff and puff about the quirks and annoyances of our partner, but if they are genuinely a good person, then these are the things we must accept. It’s the ‘pain you must sustain' to have a happy marriage or partnership.
As in every business, we are always trying to achieve the highest possible margin for our goods and services. Heck, a great profit margin in a successful company leads to even more profitability. It’s the compound effect. And if all your operations are in order, much of the tough work can run on its own. It means not only are you profitable, but you are also gaining more time back from the investment it took to get you there in the first place. Time to focus on growing your business, hiring more qualified help, and time to even step back from the daily grind. This time, the freedom, I call “life margins.”
When our eight-year-old, Timmy, wants money for something special that we won’t buy for him, his common response is something like “I really need to start a business to make money.” He’s not saying he needs a job; he’s not suggesting we give him money; he’s explaining to us he wants to be an entrepreneur! He feels that way because he wants to make his own decisions and loves the idea of bringing his ideas to life. That mentality comes in large part from the way he is being raised and his life experiences to date. Timmy takes the lead from his parents and grandparents, all of whom are entrepreneurs - kids are the product of their environment. But even without those types of influences, there is still a lot that you can do to expose your kids to the entrepreneurial mindset.
Do you think you can have work-life balance because of success?
Or can you have success because of work-life balance?
Many have a clear boundary that separates work and personal life because they don't want the two to overlap. Perhaps work is too stressful and leaves them feeling anxious, tired and angry. Or it’s just such a complicated industry that it’s not worth discussing at the dinner table if they can even get there on time with no distractions. Too much pressure from customers, clients, patients or our leaders leave us feeling, perhaps, a little lost inside or worried. This is the age that we live in. We are always connected, and the expectations of always being available weigh on us, especially as an entrepreneur. After all, we have this insatiable need to be running our business 24/7 (or give an appearance that we are.)