Summer is a time of warm weather, family gatherings, and a break from the usual hustle and bustle. However, for busy property entrepreneurs, summer can present a unique challenge. Often, they find themselves pulled in two opposing directions: Beast Mode and Beach Mode. Each mode has its pitfalls, and striking the right balance is crucial for maintaining both personal fulfillment and professional progress.
The Pitfalls of Beast Mode
What is Beast Mode? Beast Mode is characterized by intense focus and relentless work ethic. Property investors in Beast Mode prioritize their business goals, often at the expense of personal time and family activities.
Challenges of Beast Mode During Summer:
- Missed Family Moments:
- Working late means missing family activities, day trips and making new memories, leading to regrets.
- Burnout Risk:
- The continuous push can lead to physical and mental exhaustion, reducing overall productivity.
- Regret and Resentment:
- By the end of the summer, investors might feel a sense of regret for not spending quality time with their family. This can lead to resentment and strained relationships.
The Pitfalls of Beach Mode
What is Beach Mode? Beach Mode is the opposite extreme, where property investors take extensive time off to enjoy the summer with their families, often sidelining their professional goals and responsibilities.
Challenges of Beach Mode During Summer:
- Stalled Progress:
- Taking too much time off can result in missed opportunities and slow business growth. The property market doesn’t stop for summer, and a lack of attention can lead to lost deals.
- Financial Stress:
- Continuous expenses without ongoing revenue can strain finances. Investors might find themselves with depleted reserves and financial stress by the end of summer.
- End-of-Summer Disappointment:
- While the summer might be filled with fun and relaxation, the lack of progress can lead to disappointment and stress as the next season begins.
- Each year there will be investors who regret taking too much time off, facing a backlog of work and missed opportunities in September.
How can you Strike A Balance?
1. Plan and Prioritize:
- Create a schedule balancing work hours and family time, focusing on high-impact activities.
2. Delegate and Automate:
- Use your team and technology to handle routine tasks, maintaining business momentum without constant oversight.
3. Set Boundaries:
- Define work and family time clearly, and communicate these boundaries to both family and colleagues.
4. Regular Check-ins:
- Schedule check-ins to review progress and adjust plans, ensuring flexibility and staying on track.
5. Enjoy Quality Time:
- Make the most of family time. Quality over quantity ensures meaningful connections without guilt about work.
Conclusion
Balancing Beast Mode and Beach Mode is crucial for property investors, especially during the summer holidays. By planning ahead, delegating tasks, setting boundaries, and prioritising both work and family, you can achieve a harmonious balance, in other words you can be your BEST SELF. This approach ensures business continuity and allows for meaningful summer experiences with your loved ones. Make the most of both worlds, ensuring you don’t miss out on precious family time while still progressing towards your property goals.
Stay tuned for details of our Summer Accountability Challenge where we help you have it all without sacrificing anything.