Amy Wine, marriage therapist and business coach, discusses the challenges of balancing a successful career and a healthy marriage. They explore the importance of core values, strategies for preventing conflicts, and improving relationships. Recommended resources include a core values exercise, spark life assessment, and a free TEDx talk training.
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Quick takeaways
Avoid focusing on just one aspect of either business or marriage; otherwise, you will end up celebrating your success alone.
Entrepreneurs tend to have an around-the-clock mindset focusing solely on their business, but it is crucial to prioritize and allocate time for both business and marriage to prevent feelings of loneliness and neglect from the spouse.
Deep dives
The Impact of Values on Marriage and Business
Values serve as the foundation for how we conduct ourselves in both business and marriage. They influence our decisions, communication methods, and relationships. When values don't align or are not understood by both spouses, conflicts can arise. For example, if one spouse values stability due to a turbulent past, while the other has always had stability, it can lead to frustration and disconnection. It is essential to have conversations about core values and understand the reasons behind them.
Balancing a Successful Business and Marriage
Many entrepreneurs struggle to balance their business and marriage, often prioritizing one over the other. This can create tension and frustration within the relationship. The belief that success in business must come at the expense of the marriage is a common misconception. It is crucial to prioritize and allocate time for both, as constantly focusing solely on one area can lead to feelings of loneliness and neglect from the spouse.
The Number One Reason for Conflicts in Marriage
While communication is often cited as a significant factor, the number one reason for conflicts in marriage, especially for entrepreneurs, is time management. Entrepreneurs tend to have an around-the-clock mindset, always pursuing new ideas and opportunities. However, this can leave the spouse feeling alone and unimportant. Balancing time between business and marriage is essential for performance, overall well-being, and maintaining a healthy relationship.
Determining Roles and Responsibilities
Clearly defining roles and responsibilities in a marriage is crucial for effective communication and harmony. By understanding each other's expectations and dividing responsibilities, couples can avoid conflicts and ensure that both individuals feel valued and supported. Furthermore, it is important to recognize that every role, whether in marriage or business, is significant and requires attention for overall life balance.
From the archive: This episode was originally recorded and published in 2021. Our interviews on Entrepreneurs On Fire are meant to be evergreen, and we do our best to confirm that all offers and URL's in these archive episodes are still relevant.
Amy is a Wife, Mom, Marriage Therapist, Business Coach, & Professional Taco-Eater. She is the owner of Amy Wine Counseling Center & Marriage Sparks and Business Coach for Michael Hyatt & Company. She is obsessed with Real Talk & Real Relationships.
Top 3 Value Bombs
1. Avoid focusing on just one aspect of either business or marriage; otherwise, you will end up celebrating your success alone.
2. It is hard to have a successful, fulfilling career if you feel failing in your marriage.
3. The whole process of having balance in life and time management might seem hard to fulfill at the moment; you might just need to learn the steps to achieve it for your business and your marriage.
Marriage Sparks – Visit Amy's site to get the Core Values Exercise for your marriage and business, the Spark Your Life Assessment, and more! (Sorry! This link was active when this episode was first published in 2020 but is no longer an active offer.)
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