Running a business is no easy task, but then neither is raising a family. Pair the two together and you’re faced with a mission that will require a lot of planning and support. But, with business competition only growing fiercer in many industries, entrepreneurs who’re juggling a business and a family are increasingly considering adding another commitment into the mix – a degree. Studying for a program such as an MBA can be hugely beneficial for entrepreneurs, but how do you juggle this around an already hectic schedule?
Learning from Home
For parents who are also entrepreneurs, finding the time to attend classes whilst still running their business and looking after little ones can be an impossible task. Thankfully, there are many alternatives to learning in a classroom environment that you might like to consider. Firstly, online programs are one of the best ways to learn as they offer you a huge amount of flexibility and the ability to design your own study timetable to fit around your current commitments. For more information, take a look at Concordia University Online, where you can choose from a wide range of great degree programs for business owners, including MBAs.
If you feel that a classroom based environment is more suited to you, then there’s no need to worry, as with part-time courses, although it may take a little longer for you to get your qualification, they are much more flexible, with many colleges and schools offering evening or weekend classes. These can be much easier for parents – and entrepreneurs – to make. Part-time study means that you’ll only be committing to a couple of hours per week of education, so the adjustments that you’ll have to make will be smaller.
As a business owner and a parent, you’ve probably already realized the importance of having the right support available if things get tough. Making sure that you have people there, such as family and friends who can help you by perhaps looking after the children or helping you with everyday tasks such as housework, can make it much easier for you to juggle three large commitments and be successful with each one of them.
Delegate Business Tasks
Studying for a degree is likely to make you better at running your business, so now really is the time to focus on that and delegate more business tasks to others who you can trust to handle them well. Delegating as many tasks as possible will enable you to free up more time to study and revise and earn your degree. If you feel that you may be financially unable to do this, you might be able to receive some support in the form of financial aid, depending on your circumstances and the type of program that you are studying.
Juggling a business and a family can be difficult enough, but many entrepreneurs are also considering going back to college. These top tips will help you fit a degree around a busy home and work life.