Finding Balance in Business Partnerships

Updated: Aug 28, 2021


Balance means keeping all the parts of my life in their proper places


In my business partnerships, what happened outside of the office would creep its way into the office and into the dynamics between me and my partners.


If I partied too much, played too much golf, had a bad girlfriend, or focused on Crossfit too much, the business would see the effects of that eventually.


Balance is one of my favorite words, probably because I have to work so hard to keep my life in balance. Businesses are negatively affected by partners who are living chaotic, unbalanced lives. In order for a partnership to run smoothly, all partners need to regain balance in their personal lives.


Balance means keeping all the parts of my life in their proper places. It means giving priority to what matters most. For me, that means my relationship with God comes first, my family second, my business third. Business life really runs great for me when I prioritize this way; and it really can spiral downward quickly when I do not. Often life itself and the demands that come to me each day knock me out of balance, so I have to take many “time-outs” to make sure that I am in balance.


The bible says


Therefore, dear friends, since you have been forewarned, be on your guard so that you may not be carried away by the error of the lawless and fall from your secure position. 2 Peter 3:17 NIV

What does the balance in your business partnership mean to you? What are your priorities, and what prevents you from keeping them in the right order? Here’s a suggestion for balancing your business life: Write out your list of priorities in the order of importance to you. Then make a list of all the things that can get you off balance. Keep your lists together in a place where you will see them often. Make a habit of taking a “time-out” each week to look at your lists. I think by doing that, you will be amazed at how much easier it is to stay in balance with your partners.


Taking a “time-out” to set priorities straight is important for regaining balance in your business partnership.<