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How a Personal Vision Can Help You Tackle Work-Life Balance

Do you have a personal vision for your life? Most of us do. We all dream of the things we can have, the places we can go, and the things we can do. Unfortunately, though many of us have ambitions and goals, we don’t always put in the work required to make those goals attainable. It’s important to go back to the beginning and focus on these key questions:

  1. What matters most to you in life?

  2. What is your definition of success?

  3. What do you hope to accomplish in your career?

  4. What do you hope to achieve through your practice?

Do Not Turn a Blind Eye to Personal Frustrations

If you turn a blind eye to your personal-life aspirations and focus only on your business objectives, you’re bound to create an internal conflict within yourself. In reality, people own businesses to shape their destinies. It’s crucial to align your business to your personal goals and make sure your business will enable you to accomplish them. If these are currently out of sync, I encourage you to make changes to your business. While I understand that change is difficult and can often be a grueling process for everyone in your organization, change is often needed.

Salary Does Not Equal Satisfaction

If you’re taking home a decent salary from your business, say half a million dollars in sales, you’re probably thrilled. However, I’ve met financial advisors who were working ridiculous hours, depriving themselves of balance and personal time to keep the success going. If everything personal in your life is left until the business’s demands are met, attaining true satisfaction will be like going through the eye of a needle.

Do Not Let Your Business Grow Beyond Your Management Skills

Are you the sole executive in your firm, and personally responsible for accomplishing all high level, client-centered functions? In turn, are you also responsible for financial planning, problem-solving, sales, marketing, relationship management, and more? If you answered yes to many of these duties, you’ve likely reached the end of your rope.

It’s vital not to let your business grow beyond your management skills. Not all of us can be trained in business management, therefore, let’s shed light on a strategic plan to help you see through the fogged lenses that separate your personal vision and corporate objectives.

Developing a Clear Vision

It’s time to go back to the drawing board and develop a clear vision of how you want your personal life to look. Many entrepreneurs start by focusing on how they envision their professional success. What if I told you that it’s possible to work less but earn more? I’m sure you became wide-eyed at that statement. Now is the time to figure out how your business can help make your dreams a reality. The demands of a company are often unsatisfied, so what are your personal-life priorities?

If you can’t confidently list your priorities, now is the time to try and see them more clearly.

Use our downloadable worksheet to create a personal vision for your business.


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Important Information

Past performance does not guarantee future results. The views presented are those of Don Schreiber, Jr., and should not be construed as investment advice or trade recommendations.

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The views presented are those of the authors and webinar or podcast hosts/participants, and should not be construed as investment advice. The authors, podcast participants, webinar hosts, or clients of WBI Investments, LLC (WBI) may own stock discussed in these insights. WBl is an investment adviser in New Jersey. WBl is registered with the Securities and Exchange Commission (SEC). Registration of an investment adviser does not imply any specific level of skill or training and does not constitute an endorsement of the firm by the Commission. WBl only transacts business in states in which it is properly registered or is excluded or exempted from registration. A copy of WBI's current written disclosure brochure filed with the SEC which discusses among other things, WBI's business practices, services and fees, is available through the SEC's website at: www.adviserinfo.sec.gov. This site contains links to third-party websites. WBl does not endorse, approve, certify, or control these websites and does not assume responsibility for the accuracy, completeness, or timeliness of the information located there. Your access to and use of such websites is governed by the terms of use and privacy policies of those sites, and shall be at your own risk. WBI disclaims responsibility for the privacy policies and customer information practices of third-party internet websites.

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