The Personal Side of Business Ownership

Life is messy and so is running a business. You don’t always get the perfect mix of the two that you are hoping for, but you make it work and find what works for you along the way. We are still trying to find the right “balance” and how all the pieces perfectly fit together. Today, we are sharing a few more of those personal details and what we have done to “make it all work” for us.

Have you ever heard that admitting you have a problem is the first step to recovery?  For us, admitting that things won’t always be perfect was the first step to acceptance and moving forward. We have always had a lot going on.  Our business life together has been an incredible, rollercoaster of a journey with some serious ups and downs related to both our business and personal lives.  

We’ve both had major life changes happening at the same time as major business decisions and have had a lot of stress we’ve dealt with along the way. Some of the major life and business happenings we’ve experience along the way have included the following:

  • I got married the same week Rachel and I signed on our LLC
  • Our first week of business Rachel told me she was pregnant (with baby #2)
  • Rachel bought a house as we were talking about finding our first employees and intern
  • We signed on our new property the same week I bought a new house.
  • Rachel returned from maternity leave the week our first intern and multiple new contractors started

Looking back we’ve been through some crazy times together but we’ve made it all work by working together.  We are in this together every step of the way.  Our business decisions impact both of our personal lives.  We don’t have jobs we can leave at the door and have dealt with a lot of stress associated with our business life together and the decisions we’ve made.  

In the episode, we talked through some of the ways we’ve coped with everything that has come our way over our past few years together:

  • HONESTY!  Being 100% real with each other has been a game changer.  We talk about basically everything and are upfront so we can handle any and all issues as they come our way.
  • Relying on each other.  We can ask each other for help and understand that things come up in life and we need each other.
  • Taking time to spend with just our families. Creating time to put away the electronics, leave the email alone, and establish time with just our loved ones has been essential.  We create boundaries between work and life so that we can be our best in both.
  • Establishing and living for our values.  A year ago, we sat down to have a serious conversation about WHY we are doing exactly what we are doing so that we can continue our business in a sustainable way that makes sense for what we want to do.
  • Outsourcing things we need but do not enjoy doing so we don’t resent what we are spending our limited time and resources on.
  • Deciding when enough is enough. Know when you are taking on too much for yourself personally and when you need to take a step back.
  • Knowing what success means for each of us in our business and personal life and understanding that growth does not define success.  It’s ok to say no or to revise as you go.
  • Letting down barriers. I am not perfect.  Letting other people see that we are not perfect has been so beneficial for EVERYONE and has allowed us to work better as a team.
  • Taking guilt-free time away from work and supporting each other in taking that personal time!

I’ve said it once and I’ll say it again; take the time to find what works for you.

Until next time,
Katey & Rachel