You hear a lot these days about how important it is to achieve a “work-life balance.” And it is important.
We’ve all heard stories about (or witnessed first-hand) what happens when high achievers lose site of it. Broken marriages… missing the kids grow up and realizing too late that it’s already happened… completely avoidable heart attacks… it’s not pretty.
So how do you do it? How do you achieve and maintain this oh-so-important balance between “work-life” and “life-life”?
Well, everyone’s unique, but here are 7 strategies to help take you to the next level…
Have a Good “WORK-Life”
The first part of the “work-life balance” equation is… work. So here are three work-related principles…
1. Know your strengths… and play to them.
Steve Jobs had a very different leadership style from Stephen R. Covey… who had a very different leadership style from David Allen. But all are great leaders. They’re great leaders in part because they focused on doing what they were best at doing, instead of trying to excel in their weakest areas.
Adopt the same principle for yourself. Ask friends and colleagues what your primary strengths are. Take some of the really good assessments that are out there (StrengthsFinder 2.0, Kolbe A ™ Index, and MBTI personality assessment are good places to start). Learn what really makes you tick, how you work at maximum capacity and happiness, what you have to offer that no one else does. And run with those traits.
And the rest? The stuff you’re not so good at? That leads to my next tip…
2. Build an effective team.
When you’re not especially good at something… when there is a task you could do, but know it’s not the best use of your time because it’s not one of your core strengths… that’s OK. Because it is somebody else’s core strength.
Life is like that. Some folks wake up in the morning and think, “I wish I had some accounting numbers to run for somebody! Where’s my financial calculator and pencil?” Others feel a minor panic attack coming just the the thought of wading through all those numbers and columns.
Put those differences to work for you. Take advantage of VA’s, done-for-you software, and face-to-face coworkers and employees who are more than willing and able to help you. Even when you’re starting out and aren’t sure you can afford this kind of help ‒ think again. There are probably ways you can start small. Unloading just one or two activities that aren’t your main thing can help you leverage your core strengths.
And that’s critical to your “work-life” productivity ‒ and happiness.
3. Get clear on whether your work supports the rest of your life… or the other way around.
Sure, this helps the quality of your non-work-related life. But it also helps you better enjoy your work. Why? Because it helps you keep perspective…
I think most normal people are better off letting work be the support for the rest of their life. In other words, you make money and build your net worth so you can do all the things (beyond working) that you enjoy doing ‒ with the people you enjoy being with. Sure, your work should also be satisfying… but it’s not the main purpose of your life. It helps you achieve your main purpose.
Maybe there are a few people whose main purpose in life is to work. Their work is pretty much everything ‒ not family, not friends, not other activities. If that’s the case, then it’s good to know that about yourself and be honest about it.
Either way, you have to decide which part of your life is primary ‒ and always keep that in mind, no matter how “busy” you get.
You Have a “LIFE-Life”
To achieve work-life balance, you need to know how to live the part of your life that’s not work-related. So here are three more principles, this time about life…
4. Take care of yourself physically.
We’re all flesh and blood. We’re not just flesh and blood… but we are always that. And you’ve got to respect those limits and keep those physical systems happy, healthy, and in their optimal state. Because if you don’t…
Everything else suffers.
Your thinking… your decision-making abilities… your productivity… your ability to enjoy your work and your family and your hobbies… your ability to be YOU. They all suffer.
Neglecting your physical health trashes your “work-life” and your “life-life”. So take care of yourself. Figure out what food your body needs, how much sleep sit requires, what kind of movement and “fun” it thrives on. And give it what it needs.
5. Know who your friends are ‒ and spend time with them.
Whether you’re the kind of person who builds a small number of really deep and lasting friendships, or you’re the kind with a much bigger social circle … friends (and family) is what life is all about.
Give yourself to those relationships. And let your people give themselves to you. It’s the ultimate investment strategy.
6. Never, ever, waste time.
Time is the one resource we can never get back. True success absolutely requires that you learn to value time very highly ‒ and master the art of investing it wisely.
And by the way, “wasting time” isn’t the same as having fun or giving yourself a break. What may look like wasting your time to someone else may actually be you living life to the fullest! If hanging out on the beach with your family for a week… just having a ton of fun and “doing nothing” is your thing… go for it. That’s deep wisdom.
It’s just a matter of learning the difference between enjoying the healthy fun and recreation you need… and squandering life’s most valuable resource. (For more on this, go here.)
The Secret Ingredient That Never Fails
7. In work AND in life… always look for ways to give.
This is such a big deal, that we’ve made it central to our whole philosophy here at RP Capital. In fact, it’s a core principle of our Wealth Accelerator System…
We call it the “Master Puzzle Piece and Success Factor.” The reason is simple.
We’ve learned from experience that one of the best ways to accelerate your success is to give every step of the way…
So, if you’ve learned something valuable… share that knowledge with somebody.
If you have a plan that you’re excited about and that’s working for you… let someone else know about it. (It could have a real impact on their financial future.)
If you’re experiencing success while playing the real estate game… spread the word! Tell folks about your victories, share a few tips.
The more successful you are, the more you’ll have to give ‒ but you can still give at every step in the process. And besides using your wealth to support the people and causes you believe in, you can share your time, talents, and all the other resources you have.
You can… and you should. It’s at the very heart and soul of your success.
When you’re ready to make your ideal work-life balance a reality… give us a call at (801) 990-5109 or schedule your free appointment here to build a personalized Wealth Plan. This could very well be the perfect next step to help you build the life of your dreams…