Can You Build a Startup in Less Than 40 Hours a Week?
Episode description
In today's Startup Therapy Podcast, Wil and Ryan discuss if you can actually build a startup in less than 40 hours a week. Building a successful startup typically requires a significant investment of time and effort. While it's theoretically possible to work on a startup for less than 40 hours a week, it may significantly impact the chances of success. Building a startup is not just one job; it involves planning, research, product development, marketing, and networking. By committing more hours initially, founders can accelerate the growth and development of their startup, potentially leading to a point where they can work fewer hours in the future. Ultimately, the time invested in the early stages can significantly influence the trajectory and potential success of a startup.
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Resources:
- Startup Therapy Podcast
- https://www.startups.com/begin
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- Check in with us on LinkedIn | Wil Schroter | Ryan Rutan
What to Listen For
- 00:00 Intro
- 02:16 Time is the only resource you got
- 05:05 It’s now survival mode
- 06:21 Why would you start this if you don’t want to put yourself in completely?
- 08:15 Focus all your energy on one thing
- 09:25 In a startup, 40 hours is not enough
- 10:27 You can work less in the future if you work more now
- 13:43 Time commitment to the business
- 15:52 When things need to get done, they need to be done
- 18:43 It depends on how many people will get affected
- 20:03 It just needs to take time in the beginning
- 25:07 For startups, everything is variable
- 27:22 Experience is not a formula for success