Should entrepreneurs take time away from their business? If so, why and how much/how often?
The following answers are provided by Young Entrepreneur Council (YEC), an invite-only organization comprised of the world’s most promising young entrepreneurs. In partnership with Citi, YEC recently launched StartupCollective, a free virtual mentorship program that helps millions of entrepreneurs start and grow businesses.
1. Yes, Make It a Priority
When I recognized the power of stepping away, I was able to tap into even more creativity and energy to plug back into the businesses upon my return. I travel one to two times per month for pleasure, but I always find ways to wrap in networking meetings with interesting people wherever I am. You can’t see the spot on which you stand, so get off of it from time to time and get some perspective. – Darrah Brustein, Network Under 40 / Finance Whiz Kids
2. Yes, Go Before You’re Ready
Often, business owners I talk to are going to plan their next five years, automate everything in their business, and THEN take a vacation. This means they never go. Instead, plan a vacation each quarter — even if it’s just two days away — and use that as a learning experience about what needs attention so your business can survive without you there 24/7/365. – Kelly Azevedo, She’s Got Systems
3. Yes, to Recharge
4. No, You Should Still Keep Focus
I had two months of vacation last year. The purpose of that time away was very deliberately to broaden my perspective and help me grow my businesses. So, was it time away in the traditional sense? Yes, but the purpose was clear: to recharge and refocus on making breakthroughs in my work. – Avery Fisher, Remedify
5. Yes, Plan Something to Look Forward To
Reserve time in your schedule away from your business to recharge and regroup, such as daily exercise, a weekly date night and vacation. You will not only have something to look forward to, but by reserving personal time you will have extra motivation to manage your time well so you do not have to cancel on others — or yourself. – Doug Bend, Bend Law Group, PC
6. Yes, But You Don’t Have to Take a Formal Vacation
I think you don’t have to resort to an outright vacation to feel better. From my experience, when I get back to work, I have to play a massive amount of catchup and end up being more stressed. Daily meditating and taking walks in the early morning or after work (electronics-free) have provided me a way to really relax and focus on myself. – Kenny Nguyen, Big Fish Presentations
7. Yes, Take One Major Annual Trip
Taking a break allows you to start again fresh and energized. I try to take one major trip each year, usually in December for two weeks, so I can start the new year in good shape. I also aim to take a three-day weekend every two months. – Simon Casuto, eLearning Mind
8. Yes, Create Time for Yourself
Each week I try to pick two days where I operate on “normal” hours. That means in my desk at 9 a.m. and out the door by 6 p.m. with no work after-hours! Having this time allows my mind to free itself up for other passions, thoughts or learning. Ironically, my business ends up with more great ideas that I stumble upon during these sanctuary hours off than I do pulling late nights at the office. – Kim Kaupe, ZinePak
9. No, Learn to Balance Family and Business
In short, no. I love what I do and I have fun at what I do. But I incorporate work into my life. In other words, I’m always thinking about my business and my foundations, even if I’m not in the office. There’s nothing wrong with that. Moments with family or business colleagues are just that — moments. I can fit about 50 moments in a day, and I usually do — both with family and business. – Scott Petinga, The Scott Petinga Group
10. Yes, Take 10 Minutes Every Day
The app “Headspace” has done wonders for me. Every day, I take 10 minutes and follow the practice. The benefits are cumulative and not so obvious right away. Keep doing it and I guarantee there will be real benefits to every aspect of your life. – Adam Stillman, SparkReel
11. Yes, Schedule Time Off
Time off from your business expands your creativity and reflection. However, as time off doesn’t have a direct ROI or line item on your P&L, it can seem fluffy and for the lazy. In order to retrain your thinking, schedule in your time away the same way you show it on your calendar as a conference or other important off-site engagement. – Beck Bamberger, BAM Communications
12. Yes, Start With Weekends
Time away from the business helps rejuvenate and refresh the mind and spirit. How much and how often varies from person to person. Start by just committing to finally taking the weekends off. From there, you might schedule a long weekend and then a full week of vacation — completely apart from the business. If you haven’t done it before, I dare you to try it in 2015. Just plan accordingly. – Erik Reagan, Focus Lab, LLC
13. Yes, to Expand Creativity
I am just as guilty as the next entrepreneur of pushing too hard and not being able to schedule time off. But the fact is some of my best ideas and best insights have come while completely away from the office. One of my best business ideas came while floating in a relaxation pool at a spa and letting my mind wander. It is important to get away. A change of scenery can do wonders for creativity. – Alisha Navarro, 2 Hounds Design
14. Yes, to Avoid Burnout
Working around the clock is glorified in our society. Although this can bring great results in the short term, it’s unsustainable. Every entrepreneur should take time off regularly. During the first few years of the business, make sure you recharge every weekend and takea week off every couple of months. It’s much easier said than done, but it is beneficial for entrepreneurs and their businesses. – Justin Beegel, Infographic World, Inc.
The post Why Entrepreneurs Should (or Shouldn’t) Take Time Away From Their Business appeared first on Under30CEO.