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048. BALANCING BUSINESS WITH PERSONAL LIFE
Manage episode 430638767 series 3584584
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SO HOW DO YOU BALANCE BUSINESS WITH YOUR PERSONAL LIFE?
Today we dive deep into the art of balancing business growth with a fulfilling personal life, especially for those running service-based businesses. If you're striving for success without sacrificing your well-being, this is the podcast for you. Get ready to uncover powerful strategies that will help you manage your time, price your services right, and scale your business without compromising your personal happiness.
Like many of our episodes this one was sparked by a listener's email highlighting their challenge of balancing their business growth with parenting.
In the episode we explore...
Common challenges faced by service-based business owners.
The difference between service-based and product-based businesses.
The impact of these challenges on personal life and business growth.
Time Management and Prioritisation
The significance of effective time management.
Practical tips for prioritising tasks and managing time efficiently.
Techniques like time-blocking and goal setting to enhance productivity.
Pricing Your Services Profitably and Sustainably
Strategies for pricing services based on value rather than time.
Importance of market research and understanding costs.
Steps to set and adjust prices effectively for profitability.
Scaling Your Business
Building a supportive team and leveraging freelancers.
Standardising processes and using technology for efficiency.
The importance of client retention over constantly seeking new clients.
Balancing Parenting and Personal Life with Business Growth
Creating boundaries between work and personal time.
Involving family members in the business and understanding their support.
Practical steps to find balance and manage expectations.
Contact Us Instagram: @philippacraddock Email: hello@philippacraddock.com
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I hope you find this episode insightful and helpful. Balancing business and personal life is crucial for long-term success and well-being. Implementing the strategies discussed today will create a more balanced approach to managing your service-based business...
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