Work-Life Balance Is Not for Founders

The internet is filled with quacks who preach passive income lifestyles and financial freedom while most of them can barely pay their internet bills.

If you’re thinking about starting a business to escape the 40-hour-a-week grind and immediately make tons of money, you’re deluding yourself.

Getting a new business off the ground requires a major time commitment.

Don’t listen to the quacks who tell you otherwise. Most of them can’t even pay their rent.

I’ve met hundreds of entrepreneurs, and I don’t recall one who succeeded without putting in a lot more time than a standard 40-hour workweek.

A minimum of 60 hours a week over a few years is more typical for a new business to take hold.

As a full-time entrepreneur, you need to do the work of all departments like marketing, sales, operations, legal, admin, and everything else by yourself.

That is not to mention the amount of effort it requires simultaneously to refine the offering and the business model.

If you’re not willing and able to devote a great deal of time to a new venture, be honest with yourself, and stick with employment.