10 Quick tips on Juggling Parenting and Business

All of us with families have the constant struggle of balancing our work and family life.   Even when we are passionate about and consumed by our work, it is something we continuously think about and consider how to maximise, to focus on the important aspects of both.   Here at Akoni we have the same dilemma and thought we would note a few  helpful tips in navigating this lifestyle.

1. Family and Business can work – don’t give up on your dream

Focus on the positives – think about how your career or your business is benefiting your family.  As long as you prioritise what you need to achieve and mange your time and to get the balance right, you will feel more confident with yourself and your decisions.  A happy mom or dad means a happy family.

2. Prevent Chaotic Mornings and Evenings

You don’t need to be in your office every morning before sunrise, in fact most entrepreneurs say having morning breakfast with the family helps the children to feel happy.  If they aren’t happy then you may feel frustrated and this will have a knock-on effect throughout your day.

3. Perfection is not expected

Particularly for women, the perfect house you had before children doesn’t need to still be perfect, rather keep on top of you household chores with some of the tips below and allow yourself time to be with your children, the condition of your house can take priority once your children have gone to college and when you will have time to appreciate it more! For all us, don’t worry about perfect time keeping take 5 mins on the way into work to stop and get yourself a latte or a juice, or just walking to work instead of driving or taking public transport can give you a chance to recharge.

4. Consider Hiring help

Hiring help in the home is a great alternative to bringing balance back into the work-life scale we all battle on a daily basis.
A survey recently found that one in three British Households now employs someone to help with chores, spending £26 billion a year on help in the home. Not everyone can afford full-time help – even a bi-monthly cleaner will help you feel a little more in control. You can also devise a system for tackling housework to help you handle this seemingly never ending task. Get your children to pitch in – small children as young as 3 can help with household chores. Share tasks with your partner – you have both had a long day, share the workload at home.

5. Spend Quality time with your children

Making time for your family and children is crucial and allows you to nurture your family dynamic. Create activities that regular fit into your schedule and avoid talking about work or checking emails and messages during these times. Ask older children for their activity suggestions and try to meet their needs. In the end it doesn’t really matter what you do as long as you are enjoying time together.

6. Designate a “no work zone” in your home

Depending on the layout of your home – find a no work zone.  The lounge is usually a good place to relax with a glass of wine or cup of tea after a long day, put your feet up and chat to your partner, play with your children, or watch a movie together.  If you have a strict no work zone within your living room, it will stop the need to bring your laptop or phone with you leading to you not completely relaxing or engaging with your partner or children.

7. Create time boundaries

Be disciplined and set time limits to check emails and make phone calls, things you can do whilst your children are sleeping. Try to avoid multi-tasking, especially when spending time with your children.  A good rapport with co-workers is great and beneficial, however you can have this without numerous email exchanges, extended lunches and casual internet surfing. Focus on your tasks at work and use breaks and lunchtimes for chats with co-workers, thus enabling you to have more time with your family once you are at home.

8. Don’t overlook the benefits of childcare

There is no way you will be able to do your job properly if you are worried about your child’s wellbeing whilst you are at work. Find childcare that both you and your child will be happy with.  Obtain recommendations from friends and families or online forums, write a list of important criteria and schedule time to meet carers or visit nurseries.

9. Be fully engaged

Your priorities and time management rely on you to be fully engaged. If you look at your email whilst you are having breakfast with your children, this will create a half-heartedness engagement with both your children and your work.  Ideally aim for your complete presence in all situations. Rather use the time you have specifically set aside to check emails, speak to colleagues and spend time with your children, helping you to be more focused and more productive.

10. Know when to unplug and how to relax

Limit your screen time to first thing in the morning or intervals during the day which you have decided are the best for your daily tasks. Again rather have time allocated to checking emails and working so that you know you can be 100% focused on these tasks and know that after that is done you allow your self to action anything that requires immediate attention. Do the activities which relax you – sports, running, having a long bath, spending quality time with your partner. If you don’t unplug, you will find your daily tasks will then overlap important family time and you will not be fully engaged in either.

It is important that we all feel we are spending the most possible time with our family. We hope the above pointers helps you to balance out your business and family over this festive season. Enjoy the seasonal break!   If you have any time off,  focus on presence and if you don’t, remember that your children and partner will appreciate any time you are able to give them.  Aim  to fully recharge during quieter moments, reflecting on moments of priority and importance, in order to start afresh in the new year. 

Akoni helps businesses make the most of their cash. Follow us on Twitter @akonihub or connect with us here.

 

Inspiring Women in Tech: Ada Lovelace, first Computer Programmer

Another worthy addition to our blog series on Inspirational Women in Tech, today we focus on Ada Lovelace – as today is  Ada Lovelace Day, which was started in Britain in 2009 as part of #DayoftheGirl. At Akoni we are inspired by women in technology and hope to see more women enter the sector drive innovation – just as she did.

Rejected at birth by her father, the famous poet, Lord Byron, who was only interested in being a father to a son, the one-month-old Augusta Ada Byron was whisked away to her maternal grandmother’s home in Kirkby Mallory, by her mother, Anne Isabella Milbanke.

There, she was largely brought up by her maternal grandmother, Lady Milbanke, who doted on her. The young Lovelace was encouraged to pursue her love of science and mathematics by her mother, as it countered the “insanity” that she had potentially inherited from father.

The young child was fragile, even suffering a bout of measles which left her paralysed and bedridden for an extended period of time. During her recovery period, the young Ada decided that she wanted to invent a way of flying. The twelve year old Ada went about this task with a clear and systematic plan. She investigated the construction of wings, studying the anatomy of birds, exploring different materials (oilsilk, wires and feathers) to build these out of – drawing on her mathematical skills to calculate the right proportions. Steam would be used in the final stage. Ada produced a fully illustrated book, “Flyology” which mapped out the entire project, illustrating her findings and inventions with plates. Perhaps she told Babbage about this production – he used to affectionately refer to her as “Lady Fairy”. She was clearly an individual, not afraid to go against the grain from the start.

Her tutors in mathematics and science included some of the best brain around – William Frend, William King, Augustus De Morgan and Mary Somerville. De Morgan said that she was “an original mathematical investigator, perhaps of first-rate eminence“. It was Mary Somerville, who became a great friend to Ada, that introduced her to Charles Babbage, a mathematician, philosopher, mechanical engineer, inventor of the concept of a programmable computer.

Babbage introduced her to his prototype machine – the Difference Engine, which entranced her. Impressed by Lovelace’s mathematical and analytical abilities, he asked her to translate the Italian mathematician Luigi Menabrea’s article on his latest machine – his Analytical Engine.

In her extensive notes on the article, Lovelace emphasised the difference between this machine and previous calculating machines – regarding this latest machine as a breakthrough, with massive potential because of its ability to be programmed to solve problems of any complexity.

Her notes also included, in great detail, a method for calculating a sequence of Bernoulli numbers using the Analytical Engine – which could have run correctly if it had been built. Based on this algorithm, Ada Lovelace is now widely considered the first computer programmer, and her method is recognised as the world’s first computer programme.

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Portrait of Ada by Margaret Sarah Carpenter 1836

Lovelace held imagination and intuition in high regard, integrating them into her scientific and mathematical explorations and concepts. Her “poetical science” led her to ask human questions – “basic assumptions” about the Analytical Engine and future inventions – how society and individuals would relate to technology as a tool.  She valued metaphysics as much as mathematics, viewing both as tools for exploring “the unseen worlds around us”.

The remarkable Augusta Ada King-Noel, Countess of Lovelace (née Byron), died of uterine cancer in 1852 at the age of 36, leaving behind three children and her husband, William King-Noel, 1st Earl of Lovelace. 

Lovelace’s astonishing intelligence, her original thought and the fact that she accomplished so much in an era when women were not given much credibility or voice was remarkable. Her self-belief from an early age is exactly what many young girls need more of today – a value that the Akoniteam admire and encourage.

Akoni helps businesses make the most of their cash. Follow us on Twitter @akonihub or connect with us here.

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Inspiring Women in Tech Series #3: Eileen Burbidge, MBE

Eileen Burbidge (@eileentso) has a knack for being in the right place at the right time. “I saw really smart people get nothing but others who hit the jackpot — even though they weren’t that hard-working but because they had timed it right. One of my guiding principles now is that the best you can do is try to increase your exposure to luck and recognise lucky options.”

One can be presented with opportunities, but securing them is another talent altogether. Describing herself as an “accidental venture capitalist”, Ms Burbidge credits her progress with being naturally curious and adventurous, her workaholic tendencies, good communication skills and quick thinking.

Her Chinese parents (her father was an engineer and her mother worked in finance) instilled in her a tough work ethic from an early age. In an article by Ben Rooney, Eileen says that she couldn’t see what the big fuss about Tiger Moms was. She laughs now, but said that she thought that was how everyone was raised. “My parents had this view that they had to work much harder than non-immigrants. They impressed the same view upon us as kids. ‘You are not going to get the breaks when anyone looks at you,’ they would say, ‘so you have to prove that you belong there.’

In the US, for Burbidge, the fact that she was a woman was secondary to the fact that she was ethnically different. “I have had more to prove, and more to overcome, looking Chinese, than I have for being female. I grew up thinking that if I were white, I could do whatever I wanted. I thought white girls had it easy. It never even occurred to me that white girls would say they were disadvantaged.

As one can imagine, Burbidge is passionate about being a great example of how women can thrive in the tech world. She says that women should use the fact that they are a minority to their advantage  – “being conspicuous can be an opportunity to stand out“, and revels in memories about when she has been in meetings as a token female and has ended up flooring the men around the table with her intelligent contributions. She has said many times that being a woman has not been a hinderance to her in this field, and that in fact it is an industry where you can create whoever you want to be behind the computer screen.

Eileen-Burbidge

Burbidge studied computer science at the University of Illinois, “before it was trendy”, and started her career in San Francisco working for a telecoms company. This was the start of the tech boom in Silicon Valley and she rode the tech boom wave, becoming Market Development Manager at Apple Computer. Between 1996 and 2003, Burbidge lived the life, likening the atmosphere in Silicon Valley to Wall Street in the 70’s. She moved across to London in 2004, thinking that gaining international experience would be a good idea, expecting to return to the US after 2 years. Lucky for London, she stayed. “It’s so much more fulfilling to work in tech in the UK because it is earlier in its life cycle and you can shape it more.

Her career path took her to iconic tech companies which were relatively new – Skype, Yahoo and Ambient Sound Investments. She went on to co-found White Bear Yard with Stefan Glaenzer and Robert Dighero, who became her partners at Passion Capital, a leading early-stage technology and internet VC firm, which was launched in 2011.

Apart from working at Passion Captial, Eileen acts as board director for DueDil, Digital Shadows, wireWAX, Lulu and other portfolio companies. When assessing potential startups to invest in, her criteria for possible  are rather interesting: be friendly to the receptionist. Relationships are important. People are your company. How you treat people is vital. Burbidge looks for dedicated individuals who are willing to put in the hours and the passion required to make a success of their ideas.

The London tech scene has exploded, with the digital economy growing a third faster than the UK economy as a whole. Earlier this year, the Tech City cluster of businesses reported that 1.56 million people were employed in digital companies in the UK, with 328,000 of those in London.Digital is already 10 per cent of UK GDP and it is forecast to be 15 per cent in 2017… (It’s) the sector with the greatest job creation compared to the national average and we have 10 times as much venture financing coming into London tech as we had five years ago…. it’s fantastic that the Government has recognised it — economic growth is consistent with its mantra as a government but also in terms of job creation.” 

Listen to Eileen Burbidge being interviewed by TechCrunch here:

Despite the Brexit vote, Burbidge remains positive. The UK, and London “remains the biggest tech centre in Europe and continues to attract the best talent and companies from all over the world. These are attractive factors for any investor and there will be plenty of opportunities for investment in the coming months and years ahead,” she responded to a recent report by the investment database Pitchbook for London & Partners, the promotional body for the London Mayor’s office.

With the passionate-about-tech Eileen Burbidge here as Chair of TechCity UK, as HM Treasury’s Special Envoy for FinTech and Tech Ambassador for the Mayor of London.our official Tech Ambassador – are we surprised the message for UK’s tech scene’s future is a bright one?

Akoni helps businesses make the most of their cash. Follow us on Twitter @akonihub or connect with us here.

 Featured photograph by Techworld.com

 

 

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Inspiring Women in Tech Series #2: Gemma Godfrey

Gemma Godfrey is a woman who has it all. She’s got fans across the world who hang on her every word across various media platforms for the latest investment advice; great smile, great hair (which has it’s own Twitter account); a husband who is a film producer and a beautiful son, who is a regular star feature in her Instagram posts. Now she also has a FinTech startup called Moo.la, which was (no surprise here) recently named as one of the top ten FinTech companies to watch this year.

Godfrey started out at Goldman Sachs as an intern, worked her way up through the corporate world, working for GAM as a Fund Manager, as Chairman of the Investment Committee at Credo Capital and Head of Investment Strategy for Brooks Macdonald – all the while contributing on Sky Business News, CNBC, the BBC and writing for Huffington Post, The Telegraph and The Times and various other publications. She was also Founder and Editor for The Investment Insight, giving online insight into the how’s, who’s, when’s and why’s of investing for five years. She is Board Advisor to Templars and CLU School of Management.

Godfrey was named among the “savviest” on Wall Street by the Wall Street Journal, the City of London’s “Commentator of the Year”, and most popular Business Influencer on social media in the New York Shorty Awards in 2014.

You can see why she’s popular – just take the topic of her December 2013 TEDxWallStreet talk, entitled How to Kiss. “Today I’m going to teach you to kiss. At work. On TV. In life or death situations. I’m going to show you how. And then when we go our separate ways you’re going to kiss with other people more than you’ve ever done before!”

It was a business talk, of course. Kiss stood for Kiss was Keep It Simple Stupid, by the way.

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Gemma Godfrey speaking at TEDxWallStreet, 13 December, 2013: “How To Kiss”

Watch here : Gemma Godfrey – TEDxWallStreet, 13 Dec 2013

Her advice for tomorrow’s leaders? In an article by Marisa Nadolny in her article, Godfrey’s Law of Success: Follow your Passion, the answer is,“Follow your passion, and success will come more naturally… People try to funnel themselves into what they think is an appropriate place,” she explains, “but it’s better to follow what they’re good at. A lot of people will force themselves to do something they think they should do, with little success.”

One of last week’s StrongJones blogs Inspiring Women in Tech Series #1: Lady Judge buys into Tech Startup featured British and American boardroom lioness, Lady Barbara Judge, CBE, who said that she regretted not having studied maths or science at University, as she felt that she had been playing catchup her whole life. Lucky for Godfrey, her passion was science. “Having a scientific background, you’re used to taking the complicated and complex and presenting it in an accessible way,” says Godfrey. Possibly one of her most valuable skills throughout her career.

Godfrey says it was a “pure love of the subject” that fuelled her interest in physics at a young age. She credits her father with cultivating her scientific curiosity – she holds a degree in Quantum Physics from the University of Leeds.

Selected by the BBC as one of the world’s Top 100 Women, the unstoppable Godfrey was profiled by the Sunday Times on the ascent of women in the boardroom – something that is under the spotlight right now, in the British banking and finance industries.

Jayne-Anne Gadhia, CEO of Virgin Money, was asked by the then Economic Secretary to the Treasury, Harriett Baldwin, to lead a Review focussing on the representation of women in senior managerial roles in the Financial Services industry. When the Review was released in March this year, it showed that in the UK, “New Financial’s sample of 200 firms active in UK Financial Services showed an average of 23% female representation on Boards, but only 14% on Executive Committees. Only 50% of women, compared to 70% of men believe they have an equal opportunity to advance regardless of their personal characteristics or circumstances.” Pretty appalling stuff.

Courageous women like Gemma Godfrey are pure gold. We couldn’t have a more inspiring person – who literally seems to fizz with eneregy and passion – to shakeup things, and spur on the aspiring FinTech women out there.

“The big thing that motivates me, is this feeling that you want to have an impact, you want to make a difference,” says Gemma, “I’ve always felt like that, wanting to work in smaller teams and be able to actually shape something. … I’ve realised I’ve spent the last few years waiting for somebody else to do this, and I thought I would join them! But there aren’t really that many people out there who’re doing this. This is a great opportunity to do it myself.” @gcgodfrey

Akoni helps businesses make the most of their cash. Follow us on Twitter @akonihub or connect with us here.

 

 

 

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Inspiring Women in Tech Series #1: Lady Judge buys into Tech Startup

“Lady Judge” sounds like a female heroine character from comic book series. She even looks like one – her trademark high-collared immaculately white Victorian style blouse under the tailored black suit. Her blonde hair neatly pinned up. At the same time very feminine and incredible capable – one senses her determination – her undeniable steely strength. The minute I heard of her, I have been fascinated by the brilliant Lady Barbara Thomas Judge, CBE.

A one-time chair of the UK Atomic Energy Authority, her current interests span energy and infrastructure as well as pensions. This Queen B for Business hit the headlines this week in what some would imagine is a surprising move – and one showing hugely positive faith in the future of tech start-ups in the UK. Judge is swapping her position as Pension Protection Fund Chair for another kind of Chair – as the head of 2-month-old UK based start-up, hibob. Thrilled Ronni Zehavi, co-founder and CEO of hibob, says: “Lady Barbara’s track-record in supporting British SMEs and the pension industry is second to none.”

“Small and medium sized businesses are the backbone of our economy,” said Lady Judge. “Yet the daily pressure they face to remain compliant and retain their staff is huge.”

Interestingly, Judge was working as a part-time computer programmer at University in Pennsylvania around 1966. Her influential and well-respected mother, Marcia Singer, worked as associate dean of the New York Institute of Technology. Judge sees her mother as the number one inspiration to the young Barbara Sue Singer. “She… taught women in the 1950s and 1960s that they should work because they have a brain, and that they should earn their own money because money brings independence. She taught me to get back on the horse if I fell off.”

Women are scarce in the lofty boardrooms that Lady Judge has made her territory, and her mission is to encourage women in business to succeed. One way she does this is by making policy to place at least one other woman on the same board, and ideally at least three of them.

On CNN she told Ananpour, “One woman is an oddity, two is ok – but at three you’re not “women”, rather it’s just “people”, and once you’re just people the dynamic changes.” Have a look at this interview with Amanpour on CNN in 2015 – where Lady Judge’s determination to bring more women to the boardroom is made clear:

Watch: CNN Amanpour Lady Judge interview 2015/04/13

Judge has even suggested that business be forced to use quotas (even though she doesn’t agree with quotas, generally) to top up female representation in business boards. “Women are great multi-taskers and very smart. They bring diversity to the board table.”

She strongly advocates that studying science and mathematics is the way forward for women. “A woman can boost her prospects by studying maths or accountancy. If a young woman studies maths, she will earn a third more than if she did not. I studied history and believe I have been playing catch up my whole life.”

In an interview in 2015 with Director Magazine, she said that her aim is to “…die at my desk”.

Well, let’s hope that won’t happen for a very long time!

Heather Greig (These views are entirely my own.)

Akoni helps businesses make the most of their cash. Follow us on Twitter @akonihub or connect with us here.