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How Entrepreneurs Work Only 20 Hour Weeks Without Insolvency
The key to working less is easier than you’d think.
Like many things, work resides on a pendulum. It swings from one extreme to the other with an average being somewhere in the middle.
On one side of the pendulum is the CEO who works 100+ hour weeks. In the middle is the knowledge worker clocking in at 40 hours. And on the other side of the pendulum is the entrepreneur who works less than 20 hours a week yet makes a full-time income.
The 40-hour model is easy to understand. It’s what most of us are familiar with: show up to your job, sit at your desk for eight hours (whether you have something to do or not), then repeat each day. The 100+ hour model makes sense as well. The higher you climb, the more responsibility you get, the more you need to do.
Neither one of those models appeal to me though.
Working less and earning more
It’s the 20 hours or less model that I appreciate. One where work doesn’t rule your life but instead makes up a single part of it.
Tim Ferriss’, The 4-Hour Workweek, first introduced me to this idea many years ago. Ever since then, it’s something I’ve aspired to in my businesses. It’s also something I look for in…