Hours = 40 + 40

Application

Start and run a venture, put in 40 hours a week, then, if you take a job there, add 40 more. This is one reason why it's recommended we work at a venture we really enjoy doing.

Many entrepreneurs start a venture to market and deliver a particular skill. Performing the skill is the differential needed for effective marketing but, who is going to manage the business while the performing is being done? If it is the same person doing both, that explains why most small business operators put in an (40 + 40) 80-hour week for the first few years.

Alternative options:

• Engage someone to be your manager.
• Train someone to perform your skills equally or better than you.
• Reduce the scope of operations to where only 20 hours is required for each function.
• Put in the 80 hours each week until the business matures enough to support replacements.
• Include replacements in your long term plans.
• Accept and enjoy the long hours for the life of the enterprise.

Stories

Stories from members will add great value to these maxims

Please post your story by emailing it to max@unclemaxsays.com.

Don't forget to sign up for our free newsletter.

Outcomes

• Understanding why you have to work so hard.
• Better long-term planning.
• Stop complaining about how hard you have to work.

Related Topics

• Know How to Delegate
• Lack of Objectives, Priorities and Deadlines
• Attempting too Much at Once

Related Operations Books

• Home
• Business Maxims
• Self-Managing
• Skills
• Tools
• Articles
• Franchising

• Operations
• Finance
• Marketing
• HRM
• Negotiating
• Theory F

• Home
• Contact Us
• FAQ
• Sitemap
• Search

© 2004-2006 UncleMaxSays.com

UncleMaxSays.com is a division of Kamloops International College Inc.

Small Business - Time Management - Business Plans - Business Plan Coaching

• Sitemap
• Search
• Free Newsletter
•