Shark Tank’s Kevin O’Leary is remembered for saying, “If you want to get rich, start working 25 hours a day, seven days a week.” He’s not wrong in thinking that. Unless you give 110% of yourself every single day your business won’t stand a chance. It is not only full-time work; it is your life. A survey from New York Enterprise Report found that small business owners work twice as much as regular employees. The study also found that 33% of small business owners reported working more than 50 hours per week, and 25% said they work more than 60 hours a week.
If you are a new business owner and someone who has just started laying the foundation of your dream; you must have heard at least one of these phrases from well-wishers or in some cases ill givers.
Fourteen years ago I started what everyone does after they graduate with a Masters degree in hand; look for a job. Excited, I was finally earning a steady source of income; had a desk to go to everyday, and a group of people who became family more than work colleagues. I was a fresh, naïve and had only a few months of an internship under by belt. As luck would have it, someone took a chance on me and I was hired.