Business Management Schedule – Episode #78

by Richard Wilson on July 30, 2011

The following video is borrowed from our platform and was originally recorded for our business management training program.  Many business managers can manage all aspects of the business, except one: their work schedule.   Having a great work-life balance is really important whether you are an executive at a large corporation or a small business owner.  In this video, I cover three approaches to developing a work-life balance.

Video Transcript/Summary: The strategies and tips provided within this video module include:

  1. The first approach is from Tim Ferris’s Four Hour Work Week, he argues that people want to have an enjoyable life now, not in fifty years when they retire.  The idea is to work less, enjoy life now and have a more balanced work life. 
  2. Another model that was actually brought up in one of my mastermind groups is that work makes you more productive and a lack of work in life is unfulfilling.  This is almost the exact opposite to Ferris’s theory, so it can be different for everyone. 
  3. The final business management schedule idea comes from marketer Frank Kerns.  He found that once he became very wealthy he found that he was still unfulfilled because his life revolved around his money and he did not have any goals in his work life.  Kerns decided that he would no longer live for a tangible goal, instead he designed his ideal day.
  4. You should ask yourself what is your ideal work schedule? 
  5. Which of these three approaches fits your life best?

Managing a business can be very time-consuming and if you do not take steps to balance your worklife with your other responsibilities and passions, you could become very stressed and your work performance might suffer.  You should take some of your time to make sure that you are living the life that you want to live and that you have struck a comfortable balance between working too much and too little.

Thanks for joining us, and I will see you again soon,

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