Working Less. Doing More.

It goes without saying that some people are more efficient at their work. So much so that they can work fewer hours, yet accomplish a lot more than the average person. A recent Stanford study on this found that productivity declines quite sharply per hour when the workweek is in excess of 50 hours. Most interestingly, the study showed that productivity fell so much beyond the 55 hour mark, that there was no point in even working. Essentially, those who are working around 70 hours a week, and more, are accomplishing the same amount of work as those who are working around 55 hours a week.

The idea of working smarter, not longer, is not a new idea. Many successful CEO’s have already tapped into this method and have found significant success. They understand the value in a weekend away from their work to relax and rejuvenate. By utilizing this time appropriately, their workweeks are far more efficient and productive. The most efficient workers disconnect. If you are unable to disconnect from the technology that keeps you bound to your work, then you never really left. Being on call 24/7 will only expose you to additional work stresses that will keep you from recharging your batteries. Do yourself a favor and disconnect, unless absolutely necessary to stay connected.

Efficient workers have also to practice a variety of different habits, all of which help yield similar beneficial results. These habits include minimizing chores, reflecting on bigger issues, exercising, pursuing hobbies, taking time for adventures, spending time with family, and preparing for the week. All of these activities are mainly linked by their dissociation with work, which ideally means less stress. Chores are basically work at home, so its important to schedule them during the week. Use the free time during the weekend to get in those brief exercises you frequently talk about during the week. Find a habit and stick to it. Whether picking up an instrument for the first time, knitting, or gardening, the mental returns on a passionate hobby are priceless. Lastly, spend time with your family. It is an essential part of recharging and getting back to normal before the busy week starts back up.

Best practices can take you a long way. Utilize these various practices often used by some of the happiest and most successful people out there. It’s at least worth a shot.

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Successful Startup Entrepreneurs

There are plenty of lists out there detailing the habits of successful people in practically any industry. I have decided to compile the information I have learned about successful startup entrepreneurs and discuss in brief the common habits which have made them who they are today. At first glance, the assumption is that entrepreneurs are everyday people who function like everyone else. After closely examining them, however, you will find there are a few significant differences which make them successful leaders of their businesses.

Often when we try to initiate something new, our first instinct is detailed planning and step by step processes. This is by no means the wrong attitude, but the reality is your plan will more than likely change – many, many times. The most successful entrepreneurs spend some time planning, but a majority of their time doing. Another major part of the process is adapting to reality and recognizing how funding affects your business. A capital intensive venture may require large amounts of funds, but a lot of successful businesses require little funding to get off the ground. Contrary to common belief, limited capital can be a blessing in disguise. Many venture capitalists firmly believe there is an inverse relationship between level of funding and a startup’s long-term success. When you have less cash in the bank, you learn to work through problems as opposed to throwing money at it.

Successful entrepreneurs do not waste their time. As mentioned many times before, these entrepreneurs are realistic in their goals and only chase what is attainable. If you focus on landing real business where you have a reasonable chance of success, odds are you will find it. In the same vein, the most successful leaders avoid anything that is not revenue generating. Reduce the time spent on anything that does not generate revenue, and that includes meetings, spreadsheets, reports, administrative tasks, and more.

The fact of the matter is that successful people come in many different shapes and sizes. One entrepreneur may do things very different than another, but the reality is that they share a few similar significant characteristics. If you are looking to be successful, be sure to learn from those who have taken their businesses new heights. They have obviously done things right, and some wrong, along the way.

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