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Boundaries Between Life and Business

Home Top Coaching TechniquesBoundaries Between Life and Business

Boundaries Between Life and Business

Posted by David Wood |

The following is an excerpt of David’s interview in Top Coaching Techniques.

Ingrid: Hey David, you mentioned that you have a couple of balls in the court – a couple of different businesses. When you have your own business, how do you stop that from encroaching on your whole life?

David: That’s a very good question and what some people say is, you really have to devote six days a week, minimum. I was reading that Dick Smith and other people say, ‘Get stuck into it and have no life.’ Now, I don’t actually believe that’s necessary. You can actually start a business with two days a week. If you have a job already, you don’t have to just quit and go on and start something new. Again, take the guy making chili in his backyard – spend two days a week starting to develop the business and then get a small profit. Make a small profit and then you start expanding it. So, you may initially be working two days in the business, and then you expand it to three, and then four, and eventually do it full time. But, as I said, you start making systems out of the business and start hiring – for example – a high school student. Then maybe someone else who’s more qualified for another role, and build it up. You don’t have to be working in the business. That’s a job, not a business.

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About David Wood

For 20 years David has helped entrepreneurs around the globe to grow their results, by growing themselves. A former consulting actuary to Fortune 50 companies in New York, David quit corporate life to pursue his inner journey, which now deeply influences his work. A digital nomad, David is currently dancing salsa, paragliding, and coaching his rock star entrepreneur clients from Colombia. His specialty is doubling your productivity and profits, while halving your stress. If you become a highly authentic and inspirational leader in the process, well….that can’t be helped.

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Copyright 2018 David Wood.

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