“Don’t work for money. Make money work for you.”

— Robert T. Kiyosaki

Work Smart, Not Hard

While you need to put a certain amount of time and energy into your business, you also need a balanced approach. Working 14 hour days, 7 days a week, is neither fun, nor sustainable. And it is not why you got into business for yourself, is it? If this is the way you are working, you need to take a hard look at why. Are there things in your life you are trying to avoid by over-working? Start dealing with them. While every person needs to have meaningful work in their lives, escaping their lives completely by immersing themselves in work means, well ... ’no life at all.’ So, get a life! Whatever that means to you: rebuilding relationships, making new friends, reconnecting with old friends, spending time with your family, volunteering, or making the time for another endeavour you’ve always meant to.

If you’re working long hours simply because you’re falling behind, again take a look at why and find a solution. Don’t keep running at the brick wall full-tilt. Stop and ask yourself what is going wrong. Maybe you need to start delegating more, or look at hiring out some parts of the work which are especially time-consuming, challenging, or simply not enjoyable. Money is time, and time is money, so don’t forget to put your money to work by buying your time back. It’s about finding a balance. Nowhere is it written that just because you are self-employed you need to do everything everywhere for everyone!

Another way your money can work for you is by investing it. If you have some savings, look at making wise investments which return money to you on a regular basis. Once you have money, learn to use it as a tool to buy back your time or have it earn its own keep with interest or investment payoffs. Remember, part of the reason you started working for yourself was the freedom it offered — not a new slavery! So, practice efficiency and remember to take enough time off on a daily, weekly, monthly, and annual basis, so that you remain productive, enthusiastic, focused, and balanced.

I hired a virtual assistant to help take some things off my hands that I was spending too much time on. This helped free me up to work on more important things, like making money.