Step-by-Step Blueprint for Starting a Business While Balancing Family Life
1. The Idea: Birth of a Startup
Consider launching your business during pivotal moments in life. Aaron Cannon founded his company, Outset, during his paternity leave. This unique time led him to reflect deeply on his career goals.
2. Embrace the Challenge
Launching a startup can feel overwhelming, especially while balancing family responsibilities. Understand that it may require intense focus and prioritization.
3. Establish Clear Priorities
Understand that every moment counts. As Cannon mentions, “Everything gets deprioritized except family and work.” Get ruthless about your time management.
4. Create Physical and Mental Boundaries
It’s essential to separate work from family time. For example, Cannon ensures he picks up his child after work, allowing for mental shifts between roles as a founder and a parent.
5. Seek Balance Through Support
Collaborate with your co-founder or team to maintain balance. Cannon and his co-founder have staggered schedules, ensuring they meet their responsibilities while being present for their families.
6. Be Present in the Moment
When at home, actively engage with your family. Cannon’s experience explaining seasons to his son reminds him of his motivations, providing context for his hard work.
7. Perspective is Key
Parenthood offers a unique perspective that can help mitigate the intensity of startup life. Keep reminding yourself of the bigger picture: why you embarked on this journey.
8. Embrace the Journey
Understand that launching a startup is a chapter in your life but not the entirety of it. It’s crucial to recognize the fleeting nature of time with your family, especially during early childhood.
9. Set an Example
Show your children the value of pursuing passions and taking risks. Being a role model can inspire them to pursue their dreams and instill a strong work ethic.
Key Takeaways
- Reflect on your motivations during pivotal life changes.
- Time management and prioritization are crucial for balancing work and family.
- Establish boundaries to help manage the mental load of entrepreneurship.
- Engage fully in both your work and family roles for a fulfilling life.
- View challenges as opportunities for personal growth and family legacy.
