The following is part 2 of my 8 part series on entrepreneurs and their attempts at work-life balance. Previously. I introduced the entrepreneurs.

Steve Pavlina

Steve is a brilliant individual who graduated college in three semesters with two degrees. He took his computer programming skills and started a software development company. Starting a company is certainly impressive but what’s more impressive is the fact that he’s still receiving checks from the games he developed years ago. Steve has created a number of “revenue streams” which continually flow; even while he’s sleeping. In fact, Steve has mastered this concept to the extent that he only needs to put in a few solid hours of work each week.

Steve is now in the business of personal development. He’s read hundreds of books on the subject and has – in turn – authored hundreds of articles online. He started his website with $9 and is now earning over $10,000 each year from one set of advertisements alone (Pavlina, 2006). This demonstrates what he calls “thinking like an entrepreneur.” He no longer works for an hourly wage. Instead, Steve seeks to create as much value as he can. In fact, it only took him an hour to set up these advertisements. Additionally, he only spends a few hours each week writing his articles. Those few hours have created substantial value and, thus require less of Steve’s time. The best part is the fact that he can use the remaining time for personal development.

Steve has a lot of time to do the things he loves to do. He’s often said that anyone, employee or entrepreneur, must love what they’re doing. This may seem obvious to many but it’s a powerful notion nonetheless. Frankly, when you’re not living with passion you’re not living at full capacity. With that said, entrepreneurs like Steve have much more flexibility and control over the things they can do with their lives and their work. This is how Steve can stay at home during the day, get involved with the Toastmasters and do plenty of other activities he enjoys. Steve has successfully balanced his work and personal life.

Series: Background, Steve Pavlina, Jeremy Wright, Rory and Sandra Burke, Angie Chang, Shivani Sopory, Conclusions, Final Thoughts
[tags]entrepreneurship, personal development, blogging, income, passion[/tags]