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Ask The Entrepreneurs: 16 Ways to Master Your Work-Life Balance as an Entrepreneur

Ask The Entrepreneurs: 16 Ways to Master Your Work-Life Balance as an Entrepreneur


    Ask The Entrepreneurs

    is a regular series where members of those involved in the Young Entrepreneur Council are asked a single question that aims to help Lifehack readers level up their own lives, whether in a area of management, communication, business or life in general.

    Here’s the question posed in this edition of Ask The Entrepreneurs:

    How do you maintain a healthy work-life balance as an entrepreneur?

    1. Let Go of Fear

      “Many entrepreneurs struggle with fear that if they’re not working every minute that they could possibly be working, their business will fail and they will regret not having put in more time. However, in my own experience and in observing other successful entrepreneurs, letting go of this fear not only leads to work-life balance but also more meaningful productivity and accomplishment.”

      Elizabeth SaundersReal Life E®

      2. Build Lifestyle into Your Brand

        “These days so many people are focused on getting funding, explosive growth and spending 80 hours a week on their business. While that’s all great stuff, it can lead to burn out and unhappiness really quickly. Make lifestyle the most important factor in business from the beginning, and then grow with that principle in mind—less stress, more happiness.”

        Sean OgleLocation 180, LLC

        3. Schedule Your Life, Not Just Work

          “Reserve set times in your schedule for activities that allow you to recharge and that add value to your life, such as daily exercise, a weekly date or social night, reserved time for family activities, and a yearly vacation. You not only will have something to look forward to, but also extra motivation to manage your other time well so you do not have to cancel on others—and yourself!”

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          Doug BendBend Law Group, PC

          4. Set Some Boundaries

            “Calm down. It’s 11 p.m. You’re not going to lose that client if you wait until tomorrow to respond to his request for a project estimate. Set work hours for yourself and stick to them. If you make yourself available at all hours—while out to dinner, while on vacation, during “sexy time”—you set a dangerous precedent!”

            Steph AuteriWord Nerd Pro

            5. Turn It Off!

              “Our smartphones are a part of our everyday lives, but as an entrepreneur, we literally sleep with it tucked under our pillow. Simply turn off the phone and be amazed at how much you can get done—you can even fit in a work out. You have to know when to separate work and life, which starts with shutting off from everything to take time for yourself. That’s why there’s a thing called voicemail!”

              Ashley BodiBusiness Beware

              6. Learn Something New

                “I started taking beginner piano lessons at age 26 so I could schedule time away from my computer. Now I know that my Tuesday and Thursday evenings are piano nights. I’m paying money to be there, so you better believe I’ll be shutting off my work to get there.”

                Allie Siarto, Loudpixel

                7. Work It All Out

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                  “Being an entrepreneur often uses up all of your time but it’s important to remember to stay healthy and work out. Try and add a calendar invite reminding you to go to the gym, run or do whatever fits you. If not, you’ll most likely regret it when you start seeing negative results.”

                  Ben LangEpicLaunch

                  8. Figure Your Fuel

                    “Too often, the work-life balance discussion revolves around sleeping and exercising schedules; but for nonstop entrepreneurs, the conversation needs to begin with what we’re using for fuel. It’s important to stock up on healthy snacks that will reduce your cravings (for less healthy foods) and keep you going 24/7. Stash them in your desk, computer bag, and car for emergency use.”

                    Benjamin LeisSweat EquiTees

                    9. Remember Your Friends?

                      “Many entrepreneurs I talk to often think about how much time off that their peers have because of their cushy corporate jobs. Entrepreneurs should try creating similar schedules as well so that they can have proper work-life balance. If corporations can make it happen, entrepreneurs can too!”

                      Danny WongBlank Label Group, Inc.

                      10. Delegate Your Life!

                        “It’s great to delegate bookkeeping, marketing, and admin work, but for many who are just starting off your budget won’t necessarily allow for it. Get creative and delegate more of your “life” duties like childcare, cleaning house, and grocery shopping to a spouse. Having my husband help me out by doing some grocery shopping means I have more time to spend with him when we’re at home.”

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                        Jennifer DonoghYoung Female Entrepreneurs

                        11. Try Time Boxing

                          “If you can offload common tasks, such as scheduling and other appointment setting, you’ll free up your time to focus on the most important tasks. Time boxing will allow you to apply laser focus to one project at a time.”

                          Jeff SlobotskiSilicon Prairie News

                          12. Put Yourself First

                            “If you’re an entrepreneur, your business relies heavily on your sleep and sanity. Make sure that you are putting yourself first by eating right, sleeping well and exercising (at a minimum). Remind yourself that those things are critical to thinking, creating and performing at your best, and make sure you stand firm to your commitments to all three.”

                            Jenny BlakeLife After College

                            13. Balance Is Not “Equal”

                              “Personally, I’m not happy if I’m evenly dividing my time between work and other things. I really enjoy what I do, to the point that I get bored with a lot of hobbies. I focus on making sure that I’m doing well on a personal level: if I’m feeling stressed out, I’ll take a step back; if I feel like I’m not getting enough work done, I’m cool with investing more time.”

                              Thursday Bram, Hyper Modern Consulting

                              14. You Deserve a Reward!

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                                “It’s easy to forget about the “life” part. Unfortunately, this ends up making you burn out, while never giving yourself “me” time and enjoying the fruits of your labor. Reward yourself, whether it’s by taking a vacation, treating yourself to a day at the spa, or turning off your devices and reading a book. It will make you a better worker in the long run.”

                                Steven Le Vine, grapevine pr

                                15. What’s Your Work-Life Story?

                                  “Whether I spend 80 hours a week working on business or I’m on vacation and give 100 percent of myself to my reflection and refueling, my experience of both are pretty much the same. I make it my priority to narrate the story of what I’m doing, how I’m feeling, and how I’m spending my time in a way that makes me feel good and balanced. The story I tell myself is what keeps me thriving.”

                                  Alexia Vernon, Catalyst for Action

                                  16. Schedule It Like You Would An Important Meeting

                                    “If you want time for yourself, you need to schedule it into your day. 4 days a week I make 2 hours for myself through Crossfit. There is nothing more important to me than my health. To ensure I never miss a class, it is scheduled into my calendar weeks in advance and my day is planned around it just like an important meeting with a client. If it’s scheduled, you will do it. If it’s not, you won’t.”

                                    Greg Rollett, The ProductPros

                                    (Photo credit: Work Life Balance Writing on Businessman’s Hands via Shutterstock)

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                                    Last Updated on February 13, 2020

                                    What Is Speed Reading and How to Successfully Learn It

                                    What Is Speed Reading and How to Successfully Learn It

                                    Too much to read, too little time! Don’t you wish you could read faster without compromising your knowledge intake? This is where a valuable learning technique comes to the rescue: speed reading.

                                    Speed reading is the top skill to learn in 2020. Read on to find out all about this amazing technique!

                                    What Is Speed Reading?

                                    On average, an adult can read somewhere between 200 to 300 words per minute. With speed reading, you can read around 1500 words per minute.[1] Yes, that sounds impossible, but it is true.

                                    In order to understand how this skill works, you first need to know how the reading process works inside a human’s brain.

                                    The Reading Process

                                    The first step is for the eyes to look at a word. This “fixation” on every word takes around 0.25 seconds.

                                    Next, the eye moves on to the following word. It takes 0.1 seconds for the brain to move from one word to the next. This is called “saccade.”

                                    Usually, a person reads 4 to 5 words or a sentence at once. After all the fixations and saccades, the brain goes over the entire phrase again in order to process the meaning. This takes around half a second.

                                    All in all, this allows the average person to read 200 to 300 words in a minute.

                                    Speeding up the Process

                                    The concept of speed reading is to speed up this process at least 5 times. Since the saccade period cannot be shortened any further, speed reading emphasizes quicker fixations.

                                    To accomplish this, scientists recommend that the reader skips the subvocalization: when the readers actually say the word in their mind, even when reading silently.

                                    Basically, speed reading is the technique of only seeing the words instead of speaking them silently.

                                    Do not confuse this with skimming. When a reader skims through a text, they skip the parts that their brain considers to be unnecessary.

                                    You may skip important information in this process. Moreover, skimming does not allow the brain to retain what has been read.

                                    Why Speed Read?

                                    Speed reading is not just quick, but also effective. This skill saves a lot of of time without sacrificing information.

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                                    Also, it has been proven to improve memory. The brain’s performance improves during speed reading, which allows the reader to remember more information than before.

                                    Since speed reading stabilizes the brain, the information is processed faster and more efficiently.

                                    Believe it or not, this technique leads to improved focus, too. As the brain receives a lot of information during speed reading, there is far less chance of distraction. The brain focuses solely on the job at hand.

                                    Since the brain is, after all, a muscle, the process of speed reading acts as an exercise. Just like the rest of your muscles, your brain needs exercise to grow stronger, too.

                                    A focused brain means improved logical thinking. As your brain gets used to receiving and organizing so much information so quickly, your thinking process will become faster.

                                    As soon as a problem is thrown at you, your brain will quickly put two and two together. You will be able to retrieve stored information, figure out correlations, and come up with new solutions, all within seconds!

                                    Still not convinced? Read 10 Reasons Why You Should Learn Speed Reading

                                    Greater Benefits

                                    With a healthier brain, you can expect better things in other parts of your life, too. A boost in self-esteem is just one of them.

                                    As you begin to understand information at a faster pace, you will also begin to figure out more opportunities all around you.

                                    With the ability to deeply understand information in a shorter period of time, your confidence levels will quickly grow higher.

                                    Moreover, all the aforementioned benefits will relieve you of stress. You will manage your readings in lesser time, your brain will be healthier, and you will feel so much better about yourself.

                                    With all these advantages, your emotional well-being will be healthier than ever. You’ll feel less stress since your brain will learn to tackle problems efficiently. Speed reading will lead to a relaxed, tension-free lifestyle!

                                    How to Learn to Speed Read

                                    Speed reading is a superpower. Fortunately, unlike other superpowers, this one can be learned!

                                    There are different techniques that can be used to master this skill. Opt for the one that best suits your learning style.

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                                    1. The Pointer Method

                                    The person who is credited for popularizing speed reading, Evelyn Wood, came up with the pointer method. It is a simple technique in which the reader uses their index finger to slide across the text that they’re reading.

                                    As the finger moves, the brain coherently moves along with it. It is an effective technique to keep the eyes focused where the finger goes without causing any distraction.

                                    Readers have a tendency to back-skip. The pointer method prevents this from happening, thereby saving at least half the reading time.

                                    2. The Scanning Method

                                    In this technique, the reader’s eyes move along one part of the page only. This can be the left or right side of the text but is usually the center since that is the most convenient.

                                    Instead of pacing through the entire text from left to right, the vision shifts from top to bottom.

                                    This method involves fixation on keywords such as names, figures, or other specific terms. By doing so, the saccade time is minimized.

                                    3. Perceptual Expansion

                                    Generally, a reader focuses on one word at a time. This technique, on the other hand, encourages the brain to read a chunk of words together. In doing so, this method increases the reader’s peripheral vision.

                                    Here’s the thing: even though the fixation time remains the same with perceptual expansion, the number of words that the eyes fixate on increases.

                                    So basically, the brain receives 5 times more information within the same amount of time.

                                    This technique is the hardest to master and takes the most time to learn. You’ll need help from speed reading tools in order to practice the perceptual expansion method.

                                    However, once you master it, this technique will offer you the fastest reading pace with the maximum knowledge intake.

                                    The Best Speed Reading Apps

                                    The easiest tool to aid any process in any part of life these days is your smartphone.

                                    You can use mobile applications to learn speed reading on the go. It has been proven that regularly practicing speed reading is the fastest way to learn this skill. [2]

                                    Here are a few great options to look into:

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                                    1. Reedy

                                    If you own an Android smartphone, you can download Reedy to your mobile. Otherwise, get the chrome extension on your laptop to enjoy speed reading with Reedy.

                                    This app trains readers to read faster by displaying words one by one on the screen. Instead of having to go through lines or long texts, Reedy prepares the user to focus on one word at a time.

                                    Although this isn’t an effective method to learn speed reading long texts, it is a great way to start.

                                    Once your brain gets used to the idea, you can shift to another app to train speed reading sentences or longer texts.

                                    2. ReadMe!

                                    Whether you’re an android or iOS user, you can take advantage of the ReadMe! application. This app even comes with some e-book options to practice speed reading on.

                                    Start by choosing your desired font size, color, layout, etc. Other than that, there are different reading modes for the user to choose from.

                                    If you want to practice reading sentence by sentence or in short paragraphs, you can choose the focused reading mode.

                                    The beeline reader mode changes the color of the text to guide the eye to read from the beginning to the end at a certain pace.

                                    Lastly, there is the spritz mode in which the app focuses on chunks of words at once. This controls the reader’s peripheral vision. However, this mode is not fully available in the free version of the app.

                                    3. Spreeder

                                    Spreeder is available on both iOS and Android. However, users may also gain benefits from Spreeder’s website. This application lets the reader paste in any text that they would like to speed read.

                                    Starting off at a rather low speed, the app flashes words one by one. Gradually, as the user becomes more comfortable, the speed increases.

                                    Slowly, the user is trained to speed read without having to skip any words.

                                    This app is different from the rest because it tracks the user’s reading improvements, recording the overall reading time and speed.

                                    The progress and improvement are tracked in order to motivate the user to perform even better.

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                                    Adjustable settings, such as the speed of the text, background color, etc. are in the control of the user.

                                    The Controversy Surrounding Speed Reading

                                    Truthfully, speed reading does sound too good to be true. It’s hard to believe that it is humanly possible to attain such a fast pace in reading without compromising the quality of information you receive.

                                    Perhaps as a result, there are people who do not trust the process of speed reading. They believe that when you read through a text at such a high speed, you cannot comprehend the information successfully.

                                    According to these people, your brain is unable to process information at the speed that you’re reading, and so, they regard speed reading as problematic.

                                    It is true that speed reading will be of no use if you do not understand the text you’re reading, no matter how quickly you did it.

                                    Similarly, if you were to read slowly and still not retain or understand the information you read, that would be useless, too.

                                    However, there a few factors to consider here. When reading at a normal pace, there is enough time in between every step of the process for the brain to get distracted.

                                    Conversely, speed reading leaves behind no time for the brain to focus on something else. It is unlike skimming. No part of the text is skipped, which means that the brain receives every single bit of information.

                                    Conclusion

                                    Keeping all of this in mind, speed reading cannot be labeled a hoax or a failure. Science has backed up this technique, and numerous readers have been using this skill to improve their learning ability.

                                    At the end of the day, it is your decision whether or not you want to trust this process.

                                    However, if you decide to take advantage of the opportunities speed reading provides, you will find a world of possibilities opening up to you.

                                    We live in a fast-paced world. Consuming information faster will help you keep up with that pace and find further success.

                                    Speed Read Like a Pro!

                                    Featured photo credit: Blaz Photo via unsplash.com

                                    Reference

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