Sacrifice Your Health For Your Startup
building43.com
building43.com
Every successful bootstrapper I know puts work before self.
Which is funny, because I've been used by Jason as an example of a successful bootstrapper before. (+) I don't know if he knows my work habits, but here there are: over the last three years I have averaged less than 5 hours a week on my business. The most I've ever worked is during the week right before launch (my, ahem, entire development schedule), which was about 50 hours. (I was working a day job at the time, although it was fairly undemanding. Two jobs at once made me get sick. I promised never to do that again.)
A typical weekday sees me get up, check my email for 10 minutes, go to the day job, come back you-don't-want-to-know hours later, check my email for 10 minutes, and go to sleep. On the weekend I'll (sometimes) put in three or four hours on Saturday. When I get inspired by a project I'll split ten hours across Saturday/Sunday.
I know there are a million things to do. Believe me, been there, done that, got the T-shirt. Outsource, automate, eliminate.
Example: bookkeeping. In a traditional small business, bookkeeping can actually take time. For most of us, on the other hand: use the computer, that's what it is for. 98% of the bookkeeping entries I need to make are done by a computer program. The other 2% I put into a web form. It took 2~3 hours to write the software (once, about 18 months ago) and about 5 minutes to do data entry every month.
I remain convinced that we create our own pathologies in this industry. It is like being a salaryman -- the lifestyle sucks so bad because everyone around you thinks it should suck so bad and if it isn't sucking you must be doing it wrong. Is there an objective justification for working 80 hour weeks? No. It is a social phenomenon -- you use "all my role models work crazy hours" to convince you to work crazy hours even if, in point of fact, your role models don't work crazy hours.
+ Citation:
http://www.building43.com/blogs/2009/09/14/too-small-to-fail...
Looking at the embedded sales graph there is seriously weirding me out, incidentally. "I remember when almost hitting $3k was a lot of sales! Wow, that's a blast from the past... wait, that was a few months ago?!"
You say you do your work in <5 hours a week. Why so much? Why not make it 2? How about half an hour a week?
I'm not being snide or a jerk. The idea that almost any smart person can achieve their goals while working tiny fractions of their available time is lunacy. It's great that you are talented enough and your goals are modest enough that this is possible for you, but it's not the norm.
It's not about working hard. Not everyone hates working tons of hours. What it is about is focusing on a problem. When Einstein was developing Special Relativity, he wasn't thinking about it 5 hours a week.
I get why people are so inspired by the "you can get more done in less time" credo, but the problem is that it's a happy lie. At least, if you're going to promote this, be careful to explain that you need to adjust your expectations. It's completely worthwhile to say "if you're talented, you can achieve above average financial success and still have lots of free time and a balanced life". It's not fair to say "even though you only got 1300 on your SAT, you too have a good shot at a 20 million dollar buyout on 5 hours a week of work as long as you use Mechanical Turk".
Neither the evidence of history nor logic supports working fewer hours as a viable life strategy for over-achievers.
I also agree you don't have to kill yourself, but I can't help thinking that you'd be much further along if you quit your day job and were doing 60 hours/week on BingoCardCreator (or something else).
There is a red X on my calendar. Feel free to ask me 18 months after it if my opinion has changed on the matter.
We have the opposite attitude, which is why I feel like I'm learning so much from reading him.
But then he discovered that every morning what he saw in all that luxury was a high place to jump."
Never let your work consume you. Never let anything consume you, because then, well, there would not be a you to enjoy anything afterwards.
37signals at one point was officially working four days a week.
So there's two counterexamples.
Submitted as evidence for my side of the argument: all the startups that killed themselves working 90 hours a week, and took their companies with them.
Frankly, I lean in this direction, and at age 31 I realize how it can be a form of escapism and that there is a sweet spot in terms of productivity. If I work 60 hours a week and am highly motivated I can get a shitload done, but if I crank it up to 70, 80, 90, I start seeing diminishing returns no matter how motivated I am. Maybe this is different on the business side where you spend more time on soft activities that don't require full-on brainpower for 6 hour stretches at a time.
Time off leads to renewed energy and fresh ideas. It also keeps me more in touch with normal people, which is invaluable when trying to build a product where intuition of customer behavior is the biggest shortcut to success.
For example, my friends who are doctors in residency are going through time compression in that they have given four years of their youth and their life to medical school. However, when they finish their residency and pass their boards - they will earn many multiples what most people make.
Some founders are notoriously obsessive and others are much calmer and methodical...
Some might argue that if you could only spend 10 hours a week vs spending 80 and have a successful startup then the obsessive method must be flawed.. But one could also argue that history's greatest figures seem to favor the obsessive.. Einstein, Gandhi, & Beethoven are just a few examples which spring to mind.. All of them brilliant, all of them obsessed. More recent figures would be Steve Jobs, Kubrick, & Philip Glass.
I am obsessed with the project I'm working on. It's just the way I work best. It is not something I strive for just so I can be more like my role models.. As far as I'm concerned I don't have a choice.
http://www.igda.org/why-crunch-modes-doesnt-work-six-lessons
http://lostgarden.com/2008/09/rules-of-productivity-presentation.html
This also applies to how you treat your employees, see http://www.skmurphy.com/blog/2008/11/28/offer-scope-for-empl...Deleted comment
http://www.paulgraham.com/wealth.html
"If $3 million a year seems high, remember that we're talking about the limit case: the case where you not only have zero leisure time but indeed work so hard that you endanger your health."