We often think of our businesses as our babies, but at the end of the day, what really matters is our actual families. Is it possible to run companies while staying actively involved in our kids’ lives – and what happens if we have large families? How can we build businesses around our families, rather than the other way around?

On this Boss Dad Spotlight episode, leading YouTube strategist, Tim Schmoyer shares how to build businesses that serve our families.

“It’s easy to make business decisions, but they’re often not good family decisions. Know when to pull back from business to prioritize time with family.” -Tim Schmoyer

Things We Learned From This Episode

1. Run big families like businesses (08:30 – 09:42)

Having a big family should never be a hindrance to entrepreneurial success. Think of having a growing family the same way as a growing business: as we expand, we need to work on finding better systems. Having a large family is not a barrier to owning a business- in fact, if we can master the systems to coordinate a big family, we’ll probably be more productive in our businesses, too.

2. Prioritize family over business (10:49 – 12:29)

Business decisions are relatively easy to make- but they’re not always the best decisions for our families. As entrepreneurs, we are in positions where we’re able to decide when we’ll travel for work. We need to prioritize our time according to what matters most to us, and our families.

3. Disconnect to connect with family (16:51 – 17:39)

It’s easy to get wrapped up in business round the clock, especially when work and emails are available on all our devices. To combat this, disconnect. For 24 hours on a weekend, put phones on airplane mode and switch off computers. When we aren’t constantly being bombarded by work reminders, we’re able to relax and enjoy time with our families.

There’s no need to sacrifice family for work. It all comes down to the way we manage our time and the systems we use to coordinate our activities. From time to time, we need to disengage with work and give our families our full attention. Our businesses may be our second babies, but there are times when they’ll need to come second to our actual babies.

 

Books 

The E-Myth Revisited: Why Most Small Businesses Don’t Work and What to do About It by Michael E. Gerber

Never Split the Difference: Negotiating as if Your Life Depended on It by Chriss Voss

 

Guest Bio

Since 2011, Tim Schmoyer has been one of the leading YouTube strategists in the online video industry. His company, Video Creators, has been featured by FOX, Forbes, BBC even YouTube themselves as his team trains creators and brands to master YouTube and use it as a place to spread messages that change lives. Their clients have organically grown by over 14 billion views and 61 millions subscribers under their guidance. Today he lives in Cincinnati, Ohio, with his wife and seven children.

To find Tim on social media, head to: 

https://www.facebook.com/videocreators/ 

@timschmoyer

https://www.instagram.com/timschmoyer/ 

And to find him on YouTube, visit: https://www.youtube.com/VideoCreatorsTV 

To find out more about Video Labs LIVE, visit https://vclabs.com/ on Venice Beach, CA this coming July 8-9