I often lament the missing element in my children’s public education that had to do with what I consider critical life skills. They include things like: balancing checkbooks, understanding how the stock market and investing really work, skills at marriage and child-rearing (especially “teen-rearing”, which should have its own university dedicated to it). Another important life skill that has become important to me in my personal AND my business life is the concept and awareness of the “balance wheel”. If you consider the definition of balance, it denotes stability. In fact the definition in its noun form is, “an even distribution of weight enabling someone or something to remain upright and steady”. In the verb form its definition is “keep or put (something) in a steady position so that it does not fall”. I maintain that without “balance” in ones life, one will be unstable AND may in fact have a tendancy to “fall”. For me, it takes an unwavering daily dedication to monitoring and applying the principles. Although not a master (yet) the 8 areas that I have learned have the most impact on the creation of a stable – and therefore fulfilling – life include: spiritual, family, mental, physical, personal, social, work, and financial. Imagine a pie sectioned into 8 pieces. The idea is to spend time in each of these areas every day. If one of these areas is out of balance, has too much or too little emphasis, one will not likely have a smooth (or fulfilling) ride. So it’s a life skill that I want to impart to my children but one that I believe should be emphasized in business as well. Because at the end of the day, yes we want to be successful at business, but we are all just people, working with other people, all of us looking to have a smooth ride.