Fatherhood is one of the most rewarding journeys of a man’s life.
Similarly, being a business owner is not only rewarding in itself but also provides the income needed to support a family.
One of the biggest challenges any family man faces is balancing fatherhood with entrepreneurship. Being a business owner requires a lot of time, effort and energy. Fatherhood requires the same. So how can one balance both?
Finding a way to run a business while finding time to spend quality time with your family can be tough.
Don’t worry. You are not alone in this battle. Many business owners just like you are experiencing the same dilemma on a daily basis. Learning some tips and tricks on how you can manage everything can help you accomplish everything you want to.
5 tips to balance your personal and professional life as a father
All business owners need to figure out how to best manage their time to be successful in the workplace, but how can you do so to ensure you still have as much time with your family as you want?
When duty calls with your business, do you answer the call, even if your son or daughter has a baseball game you told them you’d attend?
Did you know that, according to a National Center for Education Statistics Report, you being present as a father for your children can promote and improve their academic performance?
You need to be able to find time both for your kids and for your small business, and while that might sound like an impossible task, it’s doable.
Here are five easy tips to help you balance fatherhood and entrepreneurship.
1. Ensure You Have Proper Support
One of the biggest challenges many small business owners face is an internal struggle of letting go, of delegating tasks to other people. However, it’s very important to recognize that it’s impossible for you to do everything by yourself.
But if you want more time to spend with your family, you are going to have to learn to do it. Being a father and being 24/7 in the office don’t mix, try to find as much time as possible for your family.
The only way to be a successful dadpreneur is to find people who can help you.
In the workplace, this could include:
- Have someone handle payroll and employee concerns
- Have someone manage the daily production of your team
- Have someone that can manage your schedule, meetings, and other important items
If you’re having trouble figuring out exactly how to do this, you should join a local Meetup or networking group and ask others for their suggestions.
Like we said before, you are not alone in this battle. In fact, according to a Kauffman Foundation for Entrepreneurship report, almost 60% of entrepreneurs were parents (of at least one child) when they started their business.
You’re not the only dadpreneur out there trying to balance fatherhood with entrepreneurship.
2. Focus on One Thing at a Time
As a dadpreneur, it can be very easy to get overwhelmed quickly. At both the workplace and at home, things can come at you fast, and all of them need your immediate attention.
Some of the most successful business owners and fathers handle this by focusing on one task at a time, no matter how much is on their plate. It’s not easy to do at first, but get yourself mentally prepared to focus on just one thing at a time.
Did you know that, according to some psychological studies, that multitasking can affect 40% of your productive time? Instead of doing many things at once, try focusing on just one at a time.
One way you could do this is by making a daily list of all your important tasks.
Limit yourself to five tasks each day that you absolutely must accomplish, no matter what. This should include at least two tasks at work and two tasks at home, to ensure you are committing equal time to both work and fatherhood.
Then, as new things pop up during the day – as they inevitably will – figure out whether they need to replace one of the original “Must Accomplish” tasks on your list, or whether they should be put on a list of secondary things.
3. Create a Defined Schedule
As we mentioned before, it can be very easy to get overwhelmed quickly as a dadpreneur. It can also be very easy to double book yourself if you’re not careful.
One of the best ways to avoid this is to keep a defined schedule.
Take advantage of the technology. It’s very simple to create a detailed calendar on your phone that you can view and update anywhere. You can also set it so your phone gives you reminders 15 minutes or so before each upcoming event so you don’t forget that something important is coming up.
Having a defined schedule that you can access everywhere can really help as you’re looking to plan things. Even if an event isn’t coming up for many months, it’s important you put it on your calendar as soon as possible so you don’t forget.
For example, putting each member of your family’s birthday into your phone (on an annual repeat) is a great way to ensure you don’t schedule an out-of-town meeting with a client for that day. You should also do this with your marriage anniversary too, so you can score some husband points! 😉
4. Involve Your Kids in Your Business
No, we aren’t suggesting that you should employ your children.
While it’s nice to run a true family business, there are many challenges to running a family business. In addition, your children may simply be too young to start working for you or might not have the same passion you have for your business.
What we mean is that you should involve your kids (and your entire family for that matter) in your work life by being transparent with them.
Show your family what it is you do.
Bring them into your workplace so they can see what you do first-hand. Explain to them what it is you are required to do to run the business successfully, and explain to them your passion and reasons for doing so.
Kids love to get a glimpse into the adult lives their fathers live outside of the home. This is a great way to do that.
There will come times when your responsibilities as a business owner will inevitably cause you to miss a family function or to stay away from home longer than you want to. If your kids understand what it is you’re doing and why you’re doing it, it’ll be easier for them to accept that you couldn’t be there that one time.
5. Don’t Stress Out
The challenges of fatherhood and entrepreneurship can be hard enough on their own. Balancing the two can be seriously stress-inducing.
It’s important to remember, though, that you chose to be a dadpreneur for a reason: it’s rewarding and you love it. As such, approach the challenges of the day with an open mind, and realize that you’ll get way more out of it all than you put in.
How you feel at the end of the day (whether stressed, tired or happy) will depend almost entirely on how you react to pressure. Pressure doesn’t have to become stress.
Realize how extremely lucky you are to be a small business owner and a father at the same time. Embrace the challenges and pressures of your day by becoming friends with your stress instead of worrying about it.
It’ll help you become a better dadpreneur.
Join a Community of People Just Like You
Balancing fatherhood and entrepreneurship doesn’t have to be an impossible task. In fact, it can be one of the most rewarding things you can do.
Following these tips is a great way to help you balance fatherhood and entrepreneurship and be a happier person when doing so.
If you want your business to grow and for you to be able to run it smoother (to be able to spend even more time with your kids), you could join a community of people who are just like you to. Subscribe to the Camino Financial Newsletter, and you’ll join a community of more than 30,000 entrepreneurs who are passionate about their business.
The newsletter will give you tips, tricks, and strategies, as well as more marketing ideas and ways to grow your business and build a legacy for your family. Ultimately, this is how we, at Camino Financial, are able to live up to our motto of “No Business Left Behind.”