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HS Financial Services - Living a more balanced life – 7 time saving tips
Living a more balanced life – 7 time saving tips

Living a more balanced life – 7 time saving tips

There is so much that has been written on this topic, from lots of different gurus, so I will try and add something of meaning. This is based on my personal experience of nearly 30 years in dental industry (yes, I am that old!) and through several different life stages. I will be making some generalisations as these are based on my experiences. Everyone’s journey is unique.

What mattered at 20 is not so important at 50

Starting out on a career is exciting as we are keen to put into practice all we have spent many years learning, and to continue to learn and progress. In those first years the ambition is strong. We drive for more and seem to have endless energy including a higher appetite for risk. This is an investors dream, someone with drive, ambition, energy, fresh ideas who is not too worried about risking it all. This is the time when majority of working population don’t have a lot to lose so it is easier to focus on work, risk more and, if successful, the rewards can be substantial. This is the time when brave young dentists buy their own practice and experience a steep learning curve. With owning your own business there is always a steep learning curve and starting when you are younger with more energy and enthusiasm can be a recipe for creating something great.

Some stress is not a bad thing

If there was no stress, we would not do a lot of the things we do. As human beings we are designed to feel at ease with status quo and resist change, but our environment is not static. Due to limited resources and higher competition, we are challenged out of our status quo to compete with others for work, status, and other opportunities. Our conditioning to achieve and the competitive environment are a perfect mix for a stressful life. To reduce stress and create balance we need to set our priorities, boundaries and define goals.

So, what are your goals?

Is it starting your own business, landing a dream job, spending more time with family, traveling the world, skydiving, getting a specialisation, reducing stress while taking care of your parents or kids, exercising? The list is endless, and it is important to realise that you cannot do it all, at least not at the same time, and that is ok.

It is easy to give yourself a hard time, especially when haunted by images on social media of ‘others’ seeming like they have it all. Set a general direction for your life and then select a couple of priorities to focus on at a time. If your children are very young, they will require a lot of time (trust me, I know). As they get older, they will not need as much of your time and you can focus on other activities. It is important to focus on the priorities of here and now and make the best of the available time.

Here are my top 7 time saving tips:

  1. Keep a one-week time diary –This should be enough to highlight how your time is spent. Break the diary sections into as smaller chunks of time as you can manage (30 min segments max) and make entries for all the time spent during that week detailing the type of activity. There are several apps that have a short free trial period and will help you log the actives for the week.  Some activities are a huge time drain and this exercise will help you identify those time drains.

 

  1. Reduce Social Media—Switch off the notifications and remove ‘badges’ (little red numbers that appear next to the app) on social media apps. This will minimise the compulsion to check messages and will give you time to live your life rather than watching somebody else’s.

 

  1. Create blocks of time —If you focus on one activity until it is completed you will save time required to acquaint yourself with a different activity each time your swap from one to another. Multitasking is not a virtue, we can all do it but it is not a very effective use of time in the long run.

 

  1. Learn to say ‘no’—This is hard, but it is important if you want to be in control of your life. If you find saying ‘no’ difficult, at least start with ‘not now’ and suggest a time that may fit better into your schedule, explaining why if necessary. People will learn after a while and you will feel more in control of your life.

 

  1. Limit timewasting (TV, pointless browsing etc.)—There should be space for relaxing activities so try to combine those with your priorities. For young parents, an example would be, spend time playing with the children and putting them to bed at the expense of another activity you can do when they are asleep.

 

  1. Focus on your productivity—Don’t allow schmoozing to eat away at your time at work. Whether it is with patients or colleagues, a lot of time can be spent socializing. This can become a major problem when trying to get work done. It is important not to be abrupt with people, just be more succinct, and help even chatty patients to move along. This is an art where you can’t control others, but you can take charge of your own time.

 

  1. Try practising mindfulness —Mindfulness has become very popular over the last few years and takes a small amount of time daily but allows you to learn how to reduce the unnecessary worrying and ruminating leading to a happier life overall. In our lives, we try to make everyone happy but face it, that’s impossible. We need to do the best we can, set boundaries and focus on what matters most to us in life.

 

 

For the best decision in your life contact MediEstates or MediCruit, and we will help you with your priorities.

By:

Maja Thompson

Commercial Director/General Manager

maja.thompson@mediholdings.co.uk

MediHoldings

 

 

Posted by: Maja Thompson on

General Buyer Terms

This agreement is in relation to MediEstates Limited whose registered office is at 1st Floor, Pacific House, Stanier Way, Wyvern Business Park, Derby, DE21 6BF acting for and on behalf of our clients ("the Vendors"); and yourself (Buyer's Name) in relation for an introduction to a prospective sale of a business as a going concern. By registering through this agreement I agree to all terms set out below:

  1. Definitions
    In this Agreement the following terms and phrases shall have the following meaning unless the context otherwise requires:

    Business
    Dental Practice business providing dental care. This business is under the MediEstates Ltd sale terms.
    Confidential Information
    Means the actual Vendors identity and all confidential information in respect of the Business, including, but not limited to, any ideas, business methods, prices, accounts, finance, marketing, research, development, manpower plans, processes, market opportunities, intentions, design rights, product information, customer lists or details, employees’ details, trade secrets, computer systems and software, and other matters connected with the products or services manufactured, marketed, provided or obtained by the Vendor, and information concerning the Vendor’s relationships with actual or potential clients or customers and the needs and requirements of such clients’ or customers’ operations.
  2. Obligation of Confidentiality
    The Prospective Purchaser agrees to treat as confidential, information supplied by or on behalf of the Vendor in connection with the sale of the Business.
  3. Exclusions
    The obligation of confidentiality set out in clause 2 does not apply to:
    1. any information received from a third party who was legally free at the time of disclosure to disclose it;
    2. any information which was already lawfully in the Prospective Purchaser’s possession prior to receiving it from MediEstates Ltd on behalf of the Vendor; and
    3. any information which is in its entirety already in the public domain.
  4. Duties of Prospective Purchaser
    1. The Prospective Purchaser shall take such a reasonable security measures to protect the Confidential Information and trade secrets.
    2. The Prospective Purchaser shall not, without the prior written consent of the Vendor, permit any of the Confidential Information:
      1. to be disclosed, other than in confidence to its legal or professional advisors;
      2. to be copied or reproduced;
      3. to be commercially exploited in any way;
      4. to be used for any purpose other than in connection with the prospective purchase of the Business;
      5. MediEstates is registered under the Data Protection Act 2018. Upon Signing this agreement you agree to follow the legal obligations of this act to protect the details of the information supplied to you, with it no to be passed outside of the control of you the prospective purchaser.
    3. The Prospective Purchaser agrees to keep a record of Confidential Information received.
    4. The Prospective Purchaser will return to MediEstates or the Vendor all documents containing Confidential Information and all copies of those documents on demand at any time which are in its possession or under its control, and for this purpose the term “documents” includes computer discs and all other materials capable of storing data and information. The Prospective Purchaser agrees that such documents remain the property of the MediEstates on behalf of the Vendor.
    5. The Prospective Purchaser must not jeopardise or re-direct the sale under any circumstances.
    6. The Prospective Purchaser must not contact the Local Area Team or CCG regarding any practice sale, by any means of media unless written permission is granted from the Vendor.
    7. To carry out own due diligence on practice purchases and accepts that any information MediEstates has supplied is information provided by the vendor and is not responsible for its accuracy or completeness.
  5. This Agreement
    The existence of this Agreement and its terms are confidential and neither MediEstates nor the Purchaser may disclose anything about this Agreement or its subject matter or implementation to any person other than in confidence to their legal or professional advisers.
  6. Duties of Prospective Purchaser
    When buying Dental practices, finance is normally needed. Our organisation operated over more than one of the MediHoldings brand, by completing this from you agree that the information can be shared to our other organisations to avoid the need to register independently and provide the best possible service.

    MediEstates will refer you to the specialist dental lending team and MediFinancial who will contact the necessary banks, whom have preferential healthcare lending rates in some cases, to ascertain which funding is available to you.
    By signing this agreement you do not have to use any of the banks MediFinancial contact, it is just another service which we provide.
  7. Deposit for Dental Practice
    If you are interested in putting forward a formal offer in for a practice, once the offer is accepted there will be a deposit required to secure the practice sale which is dependant of the practice size. This deposit is held in a client account and will be returned to the buyer on completion of the practice sale. You the buyer, will be required to sign a deposit schedule which will cover the buyer and the seller in the event that the practice sale does not proceed.
  8. Changes to this Agreement
    Any changes made to this agreement must be authorised and signed by one of MediEstates Ltd Directors.
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