Isn’t it strange when you talk to other business people, they always say they are really busy? They are behind in their workload, wish they had more time, etc. We have all been there at some time of our career. Yet, my experience as an SME business owner and working with similar owners, is that too many business owners work in excess of 60 hours a week!
The consequences of that sort of work time is poor family time, no time to stay fit and healthy, and being an inefficient owner.
Whilst the day-to-day stress of excess hours becomes ‘manageable’ and coped with, the real shock comes when looking to sell the business.
One of the 8 drivers of value in a business is called the ‘hub and spoke’. Picture yourself, the owner, as the hub of the wheel and the workforce as the spokes. You know you are a hub when:
You will know many of the answers to resolve this problem including:
The big challenge is doing these things, not just reading about them.
Work-life balance is important and unless you have great self-control you will find it hard to make all the necessary changes to get the balance that you want for you and your family. Without being disciplined, you risk being dragged back to sorting out all that stuff you want others to do.
Remember, as the boss, you don’t have a boss to hold you accountable.
Yet the most successful business people have a propensity for taking action on a regular basis. This sets them apart from the rest.
So, what do you do?
Here are 5 approaches to making you take action because you have created accountability for yourself:
In all these accountability tactics, you need some element of self-discipline and the capacity to do something that you don’t normally do. You have to practice making these commitments to yourself and start small. This “start small “ approach will give you confidence that you can do it.
Go on try it!
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