Balancing Work and School

If you aim to expand your knowledge of an area that interests you, learn a new language, or enhance your repertoire of professional skills, you’ll need to dedicate time and effort to that endeavour in order to make significant progress. But if you work full hours, and particularly if you’re an entrepreneur looking to grow your startup, your spare time is probably scarce. Thus, you’ll need to focus on managing whatever time you do have, while always devoting your full attention to the task at hand.

Take the following considerations into account.

Don’t underestimate the time commitment.

Even part-time schooling often involves homework or extra-curricular assignments. When you’re considering night school or part-time skills training, be honest with yourself: depending on the frequency of the sessions, you may need to set aside 10 hours per week or more. Unless you’re confident that your schedule can accommodate that, you may want to hold off on your academic or vocational ambitions for now, or contemplate auditing a course rather than registering as a full-fledged student. Aim for one course at a time, especially if the experience of trying to balance work and school is new to you.

Online courses may be more opportune from a time perspective, although you’ll perhaps have to forgo the considerable benefit of discussion with instructors and fellow students.

Let your boss and/or team members know what you’re up to.

If your boss and/or colleagues in the office are aware of your situation, they may be sympathetic and enable you to adjust your work schedule around your studies. If the skill you hope to cultivate is relevant to your current position, your boss may even be willing to help you with tuition. (You shouldn’t count on this, though.)

Even if you are the boss, be sure to communicate proactively with your team so that they know when you’ll be away from the office and why. Your studies may require you to leave early or arrive late on certain days; identify a team member to whom you can delegate the responsibility of holding down the fort while you’re away.

Get the most out of your time by planning and organizing in advance.

Set aside dedicated blocks for homework assignments, and isolate yourself from distractions like social media and your smartphone during those periods. Make lists of the assignments you need to accomplish, and populate your homework-area in advance with all the tools and materials you need. This will save you the trouble of hunting around for the requisite items while you’re trying to get work done.

You may experience some late nights/early mornings, especially if you have an exam or deadline coming up. Even if your studies occasionally keep you up until the wee hours of the morning, make sure you still get enough sleep during the week to maintain your performance at work. Avoid procrastination (the midwife of all-nighters) by budgeting your time, and get cracking on major tasks right away.

Reach out to classmates and instructors.

One of the most effective ways to fully grasp and retain information is by discussing it with others; you have to have some awareness of a topic before you can have a serious conversation about it. Group discussions also afford you the opportunity to explore areas where you feel your knowledge is inadequate.

Make use of the resources at your disposal within the educational institution, including your instructor’s office hours and contact information. These tools can save you time and energy, and help to make the learning process more fruitful and enjoyable.

Work-Life Balance: Remember, it’s Saturday!

It was a glorious Saturday afternoon in early summer and I was hunched over a picnic table garnishing a hamburger when my cell phone rang. I had been in the middle of a good laugh after someone had told a delightful little anecdote but noticed it was one of my employees and, since they were calling me on the weekend, thought it must be something important.

I politely excused myself and gave my employee my undivided attention. I had handed him a rather large project from an important client and several weeks earlier had asked him how long it would take to complete the project. They were apologetic that this was the day that they had said they would be able to finish it, were almost at the finish line, but that friends had come in from out of town.

Before he could even finish his story I asked why he was working on the project when it was so beautiful outside. I told him quite succinctly to stop his work and go out and enjoy the rest of the day and not bother me until Monday.

When I returned to finish garnishing my burger, the group of acquaintances I was sharing this beautiful barbecue with looked at me with their mouths agape saying, “I wish you were my boss”.

“Telling an employee to enjoy life is a boss’ job,” I replied. And I truly mean that, for the following reasons:

1) I handpicked my employees and I trust each and every one of them. I also know that none of them slack off when it’s not time. I let him set the parameters of when the job would be completed, I understand the nature of his job and what it would take to actually complete the project, and I knew full well that his finishing it in a couple of days meant I wouldn’t have to break any promises to our client. So we’d stay in good standing regardless. My experience has shown that giving my employees a great deal of freedom has yielded better results.

2) There is no evidence that working longer hours makes a person more productive. In fact, there have been several studies that outline the benefit to a company’s bottom line by giving employees greater flexibility in their working hours and that overworking employees can have very negative effects. Some studies even go so far as to suggest that overworking an employee can lead to them suffering from a variety of health issues leading to them having to miss work. If that weren’t enough, at least one study, Impacts of Late Working Hours on Employee’s Performance: A Case Study on Engineers in Telecom Company of Pakistan, by Quereshi et al., even suggests that overworking an employee could lead to unethical behavior including, “sexual harassment and breaching the code of conduct of the organization”.

3) I know that if I behave erratically, or make irrational demands from my employees, that it makes them question if we are a good fit. Pushed too far and I could be down one employee and that can be worse than the work not being done on time. Although telling him, “Sorry bud, the work has got to get done” might not have been an irrational demand on my part in this particular instance, I’m still stating quite clearly to him that work is more important than his relationship with his friends.

What is more important?

So this does raise the question: what actually is more important, work or friends? Many people spend more of their time, in a given week, at work than anywhere else, so we are forced to make several considerations based on this fact. The first is that, if they are going to be asked to spend so much time there, is it too small a thing to ask that they enjoy themselves? Second, should work and life really be kept so separate and need to be kept in balance, or is work very much a part of life that should fit harmoniously with all the other aspects of existence that we engage in? And finally, in business, it’s important to remember that relationships are everything, and that the social capital you build in fostering them, whether with clients or with staff, will last with you for the rest of your life.

How to Avoid Facing Burnout

Burning the candle at both ends. Burning the midnight oil. Burnout.

It's easy to find yourself working extreme hours and putting yourself under a lot of pressure as you get your new business up and running. Even though that hard work might be paying off in terms of your bottom line, that doesn't mean you'll be insulated from suffering burnout. As much focus as you have been pouring into your business you also have to pour into your personal life to avoid facing burnout. Here's how you can avoid the burnout syndrome:


Early Morning Workout

As you dive into your new business, one of the first things that get shot out the window is your health. Don't skimp on the workouts. If you find that the end of the day has you too wiped out than squeeze in an early morning workout. This doesn't have to be a marathon at 4:00 a.m., but just something that will get the blood pumping and allow you to plot out your day. FYI: the morning is the time when our body produces the most testosterone, so it's a good time to get pumping.

Take a Walk at Night

Just as you should fire up your mornings with a workout, you should cool down your day with a night stroll. If you have a dog this is easy and it kills two birds with one stone. Even without the dog, take the time for a leisurely stroll, maybe after dinner. This is the perfect way to decompress after a day of being in demand.

Read Best Sellers

Or any other type of fiction. Give your mind a rest from the pressures of your business by escaping into a good book. Taking in a couple of chapters before falling to sleep each night could actually help your brain shut down and reboot like it does. It can also put you in the mood for sleep if you're not constantly going over in your mind all the stuff related to your business.

Take Up a Hobby

"I don't have time for pottery class!" Make time to try something new that piques your interest. Perhaps there is a hobby you've always wanted to start. Throwing yourself into that kind of project allows for a very Zen-like approach to relaxing. Even if all you're doing is building a jigsaw puzzle, it's still a way to accomplish something that isn't related to your business.

A Real Day Off

The late actor Larry Hagman made it a rule not to talk on Sundays. Literally. Everyone around him knew he wasn't going to be saying a word. For him, that was a way to re-energize for the week to come. You should take one day when there will be no business calls, no business emails, no business meetings. Hopefully, you can do that once a week. Be sure to let your staff know you're off limits!

Building a Better Work/Life Balance for the Entrepreneur

“There’s just not enough time in the day.”

How often have you said that very thing to yourself? If you are experiencing feelings of being overworked and out of sorts with the rest of your life you’re certainly not alone. Even though modern technology is supposed to improve our lives, it has also caused our lives to accelerate. You get an email from work and it has to be answered ASAP. You work with a company that has global interests and those emails and texts can come in around the clock. Juggling those demands with the demands of an active family or social live can leave you exhausted at the end of every week. You’ll then approach Monday morning with dread. Keep up this pattern and it could have a serious impact on your health and relationships. If you feel as though you’re spinning too fast, it might be time to build a better work/life balance.

Here are some helpful hints that can allow you to achieve that balance:    

Take Control of Your Schedule

It’s easy for a busy exec to plot out their business day. All the meetings, conference calls and other planning sessions that are entered into the calendar, they must be adhered to. But remember, your downtime should be equally important and should be scheduled accordingly! Mark your calendar for an appointment with friends or family and stick to that just as you would with a business meeting. Recognizing that your free time away from work is as equally important to your 9-5 schedule is half the battle of achieving that perfect work/life balance.

Beware of the Energy Vampires

These are those events or people who can best be described as Energy Vampires. In other words, they suck the very life out of you. Maybe it’s a co-worker who constantly complains or gossips. Maybe it’s doing laundry. Whatever the issue find a way to adjust your life. You don’t have to go to lunch with the “work gossip” every day and you can drop off your laundry for fluff and fold. It all comes back to the issue of making your own down time as valuable as it should be. Don’t waste it.

Prioritize Your To-Do List

Along with our work assignments we also have life assignments. These are all the things we need to do outside of the work week to maintain a standard of living. However, that doesn’t mean you can’t be more practical with your own to-do list. Instead of going to the grocery store every day after work, make one list for one shopping trip that will get you through the week. Guess what? There’s an app for that! If your dry cleaner offers delivery take them up on that offer. Need stamps? Buy them online. Find those ways to cut out the nagging errands.

Chill Out

Above all else, don’t devalue the importance of “me time.” Whether that means taking a half hour bath or carving out time to read a few chapters from the current bestseller some of the best balance can be achieved when you give yourself some time alone. Unless you find a positive way to “recharge” your batteries, you won’t be any good at work or at home!

Customer Red Flags to Watch Out for

If you are in business, you know that you have to constantly be on alert on all fronts. You try as hard as you can to plan and operate your business with clear guidelines. Sometimes, though, all the planning cannot prevent the unexpected. Many business leaders will tell you that the problems from outside are the biggest challenge.

In order for you to operate, you count on suppliers for goods and services. Your cash flow is dependant on timely payment by your customers. Any disruption from your suppliers or customers can be harmful to your operations. Continued disruption can become fatal. However, by being vigilant and spotting the early warning signs of potential problems, you can avoid trouble before it happens.

Keep abreast of a customer's payments. If the payments start becoming delinquent on a regular basis, they may be in trouble. Don't wait, though, until they stop paying. Open up a dialogue early to help you collect payments while their doors are still open.

Another warning sign is commonly known as nit-picking. You owe a customer a small credit and they refuse to pay their large bill until the credit is received. This stalling tactic should indicate to you that all is not well, as they could obviously just deduct the credit and send the balance. Perhaps, the customer suddenly begins sending you the balance in several payments, without consulting with you. Your early warning signal should be blaring loudly.

Have you noticed that there has been a large turnover of employees at your customer or supplier? Is this a sign that the passengers are jumping ship before it sinks? When you called to speak to someone over there, the usual perky, friendly reception was replaced by a rather laconic, curt reply or a disinterested, half-hearted response. Be on the alert and assess the situation carefully. You need to protect your interests.

Keeping one step ahead of the storm can be your best insurance plan.

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