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The Balanced Entrepreneur

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But in order to have any chance of keeping your head above water, saying no is a vital skill.

Zayan Ahmed ’19

This has helped me focus tremendously. Just like you need a business plan to keep things on track and moving forward, so you need one for your personal life too. Whatever it is, that time is untouchable, period. We've made an agreement that there is absolutely no business that can trump the pre-scheduled time. Do not talk about anyone or anything related to work after stepping on the first step of the stairs.

This will help to keep your work and family life separate. Relationships can be the first to suffer when the going gets tough. Relationships provide support, love, and emotional stability that helps us get through the rough patches in both life and business. I still struggle in finding the perfect algorithm for work and relationships because there is no algorithm for people.

The Balanced Entrepreneur

I have found that my time is best spent when invested in people and not machines. Money comes and goes. In fact, millions of dollars can be made or won in mere seconds, but relationships take time and effort to nurture. Keep the quality of your business high and the quality of your relationships even higher. And is that return worth it to me? The ability to give non-monetary rewards as much weight as more traditional earnings is also one of the great joys of self-employment.

Technology allows the ability to integrate work and life together more than ever. From office documents to the family calendar , your list of to-dos can fit in the device that you slip into your pocket. Using a cloud-based service such as Google Drive, Dropbox or Box allows you to access and work on your documents anytime, anywhere. When you become more mobile, you become more agile. Freedom is a big reason why you start your business in the first place.

The Balanced Entrepreneur : Mark Simon :

Design your business so that you can get away. Through strategy, leadership, and automation—which I refer to as the three pillars of small business success—you can absolutely take vacations. And your business will actually prosper in your absence. As a parent entrepreneur, you struggle to find work-life balance.

At the end of the day, you try to focus on your family and forget the millions of tasks that you promised you would leave at the office. Write down the parts of your life that must be in harmony? Draw a pie chart with what the harmony is now. Ask those closest to you to hold you accountable—and then listen to their perspective. Get fresh small business insights and ideas delivered weekly to your inbox. As a thank you for subscribing, we'll send you a copy of our Small Business Marketing Trends Report with insights from over 1, surveyed business owners.

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The three advantages of the NEW Balanced Entrepreneur Method of planning startups compared to old fashion approaches are: First, The Balanced Entrepreneur is based upon unmatched objective evidence that proves the 10 strategies' effectiveness. The book's findings are based on decades of real-world experience, work with hundreds of budding business owners AND hundreds of unbiased academic research articles. Other books solely rely on their authors' subjective assessments of their own recommendations.

Control Your Passion

While not magical, the book's strategies can substantially decrease your financing needs, and increase your free time and enjoyment. In contrast, many other business planning books ignore your personal goals. Third, The Balanced Entrepreneur helps determine the best idea for YOU by incorporating your unique skills, joys and dreams!

Many alternative resources take a one size fits all approach, proposing one system to pursue one type of business idea. Entrepreneur Magazine indicates Dr. Simon's work is among "the best new academic research" for "strategies entrepreneurs can use today! Entrepreneurs need this book to increase their chances to have the best possible lifestyle!


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But he developed this book for people like you, who want advice they can implement right away. He created an enjoyable read that doesn't go on and on about any one study's findings. Realize, though, that despite the book's conversational tone, all of its suggestions are backed by dozens of rigorous research studies and screened through the author's real world entrepreneurial experiences. If you want to learn more about the academic underpinnings of the strategies in the book, you can chat with the author at The Balanced Entrepreneur Website. The Best Books of