How to Have a Balanced Life and Achieve Personal Success

HAVE A BALANCED LIFE: OUR BUSINESS CONSULTING ADVICE 

Most of us business leaders have a time in our lives when we just feel out of whack. Specifically, we feel like we've lost that sense of work-life balance. We know we may have been putting in too many 80-hour weeks in a row, and we can feel the side effects of making that kind of commitment. The crucial question then becomes: What are we going to do about it?

I've found that the best CEOs are always striving to find balance in their lives. That's, somehow, what makes them great leaders and good people. And certainly we all need to put ourselves out of balance for a while, when, for example, we're in the middle of buying or selling a business. You know heading into that transaction that you're going to go out of balance. But the trick is to be conscious about that and know what you are sacrificing in the bargain. Then, once the deal is done, you should have a plan to get back into balance as quickly as possible.

So what are the secrets great CEOs use to live a balanced life? They measure themselves on seven key elements, where they give themselves a score from 1 (way out of balance) to 10 (Zen-like harmony) to see where they stand. I'm not sure I have ever met anyone who has scored a 10 on all seven elements, so a more reasonable goal might be to find balance with at least half of these parts of your life.

1. Physical health

Whether you are a CEO or just a go-getter at work, it's easy to let things like exercise and diet go by the wayside once things get busy in the office. But the body you have is the only body you're going to get, and it needs to carry you until the end of the game. That's why it's critical to continue to keep your body strong and healthy enough to enable you to do the things that excite you--whether that's traveling for business or visiting your grandkids. The key here is to be fit enough that you don't have to say "no" to anything you want to do. Give yourself a score--be honest--and see what you think. Could you do more to improve that number as a way to begin leading the kind of balanced life you're seeking?

2. Family

How balanced do you feel with your family time? What's your relationship like with your spouse? Your kids? How about your parents and extended family members? Family ties are the tightest relationships you should have in your life, no matter how busy things get at work. If you give yourself a low score here, it's worth hitting the pause button to make the investment in repairing these relationships. Family members are truly part of your support network, and you'll never miss them more than when you're at your lowest point.

 3. Social

Do you have a robust network of friends or not? Do you have a group of folks you hang out with regularly, maybe for a book club or to go play soccer? If not, it's time to start building these kinds of relationships. Having people around you that you like and trust is one of the best indicators of living a long life. If you are sacrificing relationships like these because you're working too hard, you're clearly not in balance.

4. Financial

What does your personal financial balance sheet look like? Are you on a path to accumulate enough wealth that you will be able to enjoy a comfortable retirement? Are your assets increasing over time--or have you neglected to make the time to tend your financial garden? The key to personal financial health is to feel in control and know that you have enough money to have options. If you're working too much and you don't have the money you need, something is clearly missing in the equation.

5. Business

Whether you are running your own business or climbing the corporate ladder, ask yourself how energized you are to go into work every day. Are you excited to be making a difference and making progress--or do you dread the monotony of your day-to-day drag? Or, if you own the business, how are things going: Are revenues and profits growing? Some of us who are high achievers might never give ourselves a 10 here no matter what. But it's worth measuring how all that time you are investing in your work is paying off.

 6. Civic

How much time are you able to invest in the things you care about in your community? That can mean anything from volunteering to serving on the PTA or coaching a sports team--anything that turns you on when you give of yourself. Think of it as your attitude of gratitude. If you haven't made enough time to give back, you're missing out on a real emotional payback, because you are rewarded by the act of giving. And the key here isn't just signing checks--time and talent are the real gifts.

7. Spiritual

The final aspect of living a balanced life is your spiritual side. This could be anything from taking a walk in the woods to making a trip to church on Sunday--whatever fills up your spiritual cup. This is how we renew ourselves when we're down--and it's something that can be easily neglected. If you score low here, make the time to rethink your connection to God, nature, or whatever. You'll feel refreshed and ready to tackle the world.

Finding balance among these seven elements isn't always easy. But I'll share a cautionary tale of what can happen if you find yourself out of balance for too long. Early in my career, I worked for a CEO who was a Research Freak. But everyone, including his family, loathed him. He may have been a success in the element of business, but he had no real friends, his kids wanted nothing to do with him, he was on his second wife, and he was spiritually bankrupt. Some people might look at his track record and call him a success. I would disagree. How can anyone be a great leader when they can't even balance their own life? When someone lives such an unbalanced life, no one wins.

FAQS

1. What does having a balanced life mean?

Having a balanced life means creating harmony between different areas of life, including work, health, relationships, personal growth, and relaxation. It involves managing your time and energy in a way that supports overall happiness and well-being.

2. Why is having a balanced life important?

A balanced life helps reduce stress, improve mental and physical health, increase productivity, and create stronger relationships. When different areas of life receive proper attention, you can feel more fulfilled and in control.

3. How can I create more balance in my daily life?

You can create more balance by setting clear priorities, managing your time effectively, maintaining healthy habits, making time for yourself, and learning to say no to activities that do not support your goals.

4. How do I balance work and personal life?

Work-life balance can be improved by setting boundaries, creating a structured schedule, taking regular breaks, avoiding overworking, and making intentional time for family, hobbies, and personal development.

5. What are the signs that my life is out of balance?

Common signs include constant stress, feeling overwhelmed, lack of energy, poor sleep, neglecting relationships, losing motivation, and having little time for activities that bring joy.

6. Can a balanced life improve my mental health?

Yes. A balanced lifestyle can support better mental health by reducing stress, encouraging self-care, improving emotional well-being, and helping you develop healthier ways to manage daily challenges.

7. How can I maintain balance during busy periods?

During busy times, focus on your most important priorities, simplify your routine, protect your personal time, maintain basic healthy habits, and avoid trying to do everything at once.

8. Is a balanced life the same for everyone?

No. Balance looks different for everyone depending on personal goals, responsibilities, values, and lifestyle. The key is finding a routine that works for your own needs and supports your long-term happiness and success.