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SYS 109: Costs and Benefits of Taking Real Time Off as a Business Owner

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Steve reflects on the time off taken over the Christmas period and pinpoints the benefits and the cost of downtime.

He consults his staff on what vacation means to them and shares his feelings on the eighteen days off work he took.

KEY TAKEAWAYS

💡 Even if you take time off, as business owners, some form of communication is typically left open to troubleshoot or provide decisions, especially during extended periods.

💡The lead-up to time off can often be busier because of tasks required to facilitate absence, which can cause stress that needs to be recovered from at the start of the vacation.

💡 Steve’s decision to take time off was tremendously worthwhile and successful, and he had quality time with his friends and family. He credits this to the planning and preparation done beforehand.

💡During the holiday season, Steve's team took time off, and the business was closed for two weeks. The benefits have far outweighed any lost business or progress.

💡 The staff’s time off was equally as beneficial as having time for family, especially at that time of the year can be invaluable.

Time Off Costs and Benefits

BEST MOMENTS

3:04 – 💬 ‘For me, taking some serious time off was important because, with Covid, I’ve not been able to go home and see my family very much. I live in Sweden, and my family and long-term friends all live in the UK.’

14:15 – 💬 “Imagine working, but your mind is on your family. It’s hard to focus. Enduring and being unable to concentrate on your work and forcing yourself to go to work is definitely not a dream job.” – said one of Steve’s VAs.

15:23 –💬 “One of our company values is that we are a team, and we look out for each other and our family, health and happiness. Knowing that Steve really stands by these values and does not just print them out makes me think so highly of him and the company.” – said one of Steve’s VAs.

15:46 – 💬 “I feel valued. Being able to take time off allowed me to recharge and regroup. In my previous company, employees were rarely allowed to take time off, so this is a benefit that I really appreciate.” – said one of Steve’s VAs.

VALUABLE RESOURCES

Website: www.SystemizeYourSuccess.com

Facebook Group: Facebook.com/groups/systemsandoutsourcing/

LinkedIn: LinkedIn.com/company/systemsandoutsourcing/

Instagram: Instagram.com/systems_and_outsourcing/

YouTube: YouTube.com/@drsteveday42

ABOUT THE HOST

Steve used to be a slave to his business, but when he moved to Sweden in 2015, he was forced to change how he worked. He switched to running his businesses remotely. After totally nailing this concept, he spent his time helping other small business owners do the same. Steve’s been investing in property since 2002, has a degree in Computing, and worked as a doctor in the NHS before quitting to focus full-time on sharing his systems and outsourcing Methodology with the world. He now lives in Sweden and runs his UK-based businesses remotely with the help of his team of Filipino and UK-based Virtual Assistants.

Most business owners are overwhelmed because they don’t know how to create systems or get the right help.

Our systems and outsourcing Courses and coaching programme will help you automate your business and work effectively with affordable virtual assistants. That way, you will stop feeling overwhelmed and start making more money.

To know more tips about taking time off, check out this episode:
Behind the scenes – Did my team cope without me?

You may also like:
Small Business Owner: How To Free Your Time By Relying On Systems And Not People


Tags

podcast, Virtual Assistant


Steve Day

About the Author

Since 2016, Steve has helped hundreds of business owners to systemise their businesses and outsource their work. In doing so, he has helped them regain control of their lives and create the businesses they set out to build.

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