Many of you young entrepreneurs have to face the incredibly difficult challenge of balancing your passion and your schooling. Business and education both are important commitments and, consequently, here at Rafiki we think there are a few questions you need to ask yourself to get the best of both worlds.
1. What’s your real priority?
For many of you this is probably a difficult question to answer — but for some of you, there’s definitely a clear answer. If schooling is your priority, then make that your focus. Perhaps, even ask yourself why are you involved in entrepreneurship at all — if you have a good reason (we think there are many), then continue your involvement but remember where your true goals lie. If entrepreneurship is your priority, we challenge you to consider why you’ve chosen to go to school. If your business venture is your passion and you envision it being your life, then take some time to think about whether or not you should pursue that full time.
2. How much time do I need for what?
We think realistically for most of you there’s some sort of a balance. You think school is very important, but so too is entrepreneurship. Here’s where the balance comes in — you need to organize your life so you treat both your school and your business venture like a job. Make your schedule into something concrete and book off time. Just like you don’t mix homework and partying, don’t mix schoolwork and entrepreneurship. These should be two distinct parts of your life, and it’s important that you keep them that way. Go for balance and be organized.
3. Am I being realistic?
While it’s important to be organized, you also need to be flexible — maybe one month you don’t work on your entrepreneurial project as much because of exams. That’s ok. However, if you notice you’re constantly devoting a lot more time to one thing as opposed to the other, and one of your pursuits is always on the back burner, then maybe it’s time to re-evaluate your concerns. As such, be realistic about what you can and cannot do. In the long run, that will make you better and whatever combination of things you want to pursue.