It is the end of the year – the time for holidays, rest and festive celebrations for many individuals after a long and possibly strenuous year.
But for many small and medium enterprise (SME) owners, business comes first and there is no such thing like holidays, especially for those whose businesses are in the first five years of their existence.
But a South African expert said this week this should not be the case as balancing work life with personal life is vital in order to ensure a healthy and stimulated business.
“While business operations may require long hours, and as a result time with family and friends is sacrificed, this should not be the norm for any business owner,” MD of Business Partners Limited Nazeem Martin said.
Martin said if the business owner only focused on financial and work aspects 24/7, the other aspects of his or her life will suffer.” In order to become an optimal functioning person, an individual needed to develop seven areas, namely financial, family, mental, work, social, physical and spiritual, he explained.
“Individuals who develop and give time to all seven developmental areas in their life are able to cope better with stress, have more meaningful and lasting interpersonal relationships with others, and are generally more optimistic about life.”
The benefits of maintaining this balance will quickly reflect in their business, as this balance allows time for the business owner to not only recharge, but also to reflect on past actions, Nazeem said. “Self-refection is one of the key personality traits of an achiever. Self-reflection requires taking the time to assess actions that have been taken and the consequences thereof.
“Self-reflection is also about being aware of strengths and weaknesses and understanding how to use and develop both to become a whole and successful person on all levels of your life.
Furthermore, he said in order to achieve and maintain a work-life balance, self-management and time management is needed.
“If a business owner burns out and develops serious health problems, the business can be negatively affected. Self-management will therefore ensure that business owner eats healthily, gets enough sleep and maintains good health generally,” he said.
Photo: Alliance Virtual Offices