THE CONFESSION:

“We've fallen into a toxic pattern of working long hours, and I don’t know how or why! 

We left our corporate jobs to be our own bosses and work on our own terms. But along the way, we’ve somehow created this pressure to achieve results for each other, and it’s really wearing me down. 

How do we reset and establish the work-life balance we originally wanted, while still driving our business forward?”

Freedom is often a big driver for people wanting to become a Founder. But speaking from my experience, it can be a challenging concept to adopt when you’ve only worked in a set corporate structure that you had little (or no) say in.

I use the term, ‘9-5 hangover’. You want to shift your mindset to feeling free and master of your own fate, but the habits and pressures of the 9-5 stick with you like a stubborn headache. I’d say it took me 4 years to fully shake my hangover.

If you put a co-founder in the mix as well, this triggers the learned mindset of ‘going above and beyond for the team’ and depending on your experience, the perception that we’re always competing with colleagues. It’s therefore totally understandable that toxic working patterns can emerge between you, so have compassion for yourself and the situation.

Did you and your co-founder ever lay out what you wanted your work-life balance to look like? And the hours you wanted to work? If you did, are you clear on what’s caused that to change?

Has this feeling been discussed between you? What’s holding you back from addressing it? 

The question, ‘how do we reset and establish the work-life balance… while still driving our business forward?” gives me the impression that you think creating balance could compromise business growth. Why might you think that? Do you have any evidence that belief is true? What if the business actually progresses more when there’s a better balance? Consider what personal beliefs are showing up here and how you could re-write them.

You also mention a pressure to achieve results for each other. Do you know why that is? I think the conversation around work-life balance will help, but there’s a couple of practical things I’d suggest:

  • Have defined roles and responsibilities to give you more autonomy.

  • Schedule routine catch ups, but outside those meetings, be independent and don’t feed the habit of consistently checking on each other (not about task updates anyway).

Your energy and co-founder dynamic have a direct impact on success of this business. So creating the working lifestyle and partnership you want aren’t just ‘nice to haves’, they’re critical. Because what’s the consequence of doing nothing here? How will being worn down enable you, your co-founder or your business to succeed?

You started this to be your own boss and work on your terms, SO DO THAT!

Discuss this with your co-founder with THAT energy. Bring a bucket load of positivity and creativity to map out how you create the balance and the business that will reallllyyyy allow you to thrive.

I’ll share some questions below to help. This is a powerful realisation and one that you can act on.

SOME QUESTIONS TO WORK THROUGH TOGETHER

What is the vision of your ideal work-life balance? Why is that important to you?

What needs to happen / change to achieve that vision?

What hours do we want to work and how many hours a week do we want to commit to this business?

Where do we want to work? What time do we spend time together virtually or in person?

How do we divide our roles and responsibilities? Will this evolve over time?

Are we clear on our decision making process? And what decisions we make together and apart?

What’s the best way for us to communicate and share updates?

What are our metrics of success?

How shall we track our progress and day to day tasks?

… and there’s loads more! Email me if I can help

(Also check out my Vision Alignment Sprint free resource here).

A QUESTION FOR YOU ALL TO ASK YOUR CO-FOUNDERS:

HOW DO YOU FEEL ABOUT OUR WORK-LIFE BALANCE?

This edition was published on the 19th Jul 2024