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While hosting a meeting in Newport Beach, CA for new entrepreneurs, I was asked a question about the number of hours I work now compared to when I started my first company. Tough question to answer without sounding like a jerk. How do you define work? Is talking with your friends about the next thing you are going to launch, take over or the new markets that you are expanding into considered work? Is traveling around the world speaking at meetings work? Is getting the opportunity to make an impact on someone’s life work? Of course, I didn’t say any of that. It all just ran through my mind, in a matter of a split second.
I did say that I worked hard getting things started "paying my dues", and that it felt like more hours than what I put in now. Followed with, the number of hours might not be any different, in reality, I might work more hours now, but the hours are very different. Hours spent on research, personal development, networking, mentoring, being on the road and also the more mundane - emails, calls and texts. It takes hard work to become successful at anything.
I had to ask them all, “What are you working for? What are those life goals that you want to accomplish? Do you want to retire early, retire your parents, help the homeless, donate millions to charity, buy a dream house or boat?”
How to get to the top...
1. Intentional. Consistent Effort. Deliberate.
I told the new entrepreneurs everything worthwhile is uphill. When you get to the top of the mountain, you don’t look back and say, “I have no idea how I got here. One day I just woke up and here I was.” This takes great effort. Any uphill climb must be intentional, consistent and deliberate. Your success, our success in business isn’t going to be on accident. Our collective discipline is essential for our success. You have to fight to get to the next plateau.
2. Run to Win! Not just to run.
As Paul wrote to the people of Corinth, "All runners in a race run but only one gets the prize. Run in such a way as to win." In most cases the difference between winning and losing is small and in the preparation. My kids are learning the importance of practice. My 8 year old son corrected me and said, “Its perfect practice, Dad.” How can you practice more, have perfect practice or become an expert at what you do? And then you have to run to win. Don’t settle for mediocrity.
3. Unfair advantage unless you use it.
Putting in two more hours a day than the person next to you, gives you an extra “work week” every month. (10 hours a week x 4 weeks per month = an additional 40 hrs/ mth). This gives you an extra 3 months or 13 more weeks a year practicing or doing. You should accomplish more than someone that just works a 40-hour week, right? And that’s only 50 hours in a week! What about the success stories of Bill Gates, Bezos, or Zuck and the hours they've spent building their empires? Chances are you're not creating the next big "dot com" like they did, but what you are creating takes effort. If what you are doing this for matters enough to you, then you won’t worry about the extra effort that it requires, you will find the time.
4. The harder I work the luckier I get.
I knew that I put in more hours than my friends and family did at their jobs. They said I was crazy to work as hard as I was working then and do today. Now some of those same people tell me how lucky I've been. It wasn't luck. The harder I work, the luckier I get. Maybe I was in the right place at the right time. Maybe. My dad taught me to work hard, do the right thing, build the right relationships with people around me, be prepared for when the big man upstairs says it's my time to shine; I will be ready, willing and able. If I wasn't prepared and my time came, what would've happened? Would my business success have happened? Not sure, but in my opinion, that would've been lucky.
5. Be willing to pay now so you can play later.
Understand that progress comes at a price. You will have to stop and pay periodically. Sometimes you will pay by saying no to someone you've always said yes to before because your time matters and its better spent somewhere or with someone else. Sometimes you pay with the people you are developing, and other times in your personal life, missing the birthday party or not going out with your friends. It’s hard, but it'll be worth it. If you put in the work, you will be able to do the things that everyone else wishes they could do but aren't willing to do the work to get there. They might be playing now, but they will have to keep paying later.
6. The greater the sacrifice the greater the reward.
Make sacrifices today that others aren’t willing to make so that tomorrow you can afford to do things that others can’t afford to do. When you get into your 50’s and 60’s, you can’t go back and change the effort that you put in for the last 20-30 years. You can use the resources that you’ve created to help the people that you want to help or buy the boat that you wanted. People are counting on you.
7. Message from your future self.
What I know is that you will ask yourself a question 15-20 years from today that will go something like, “How did I end up here?” Either you are lucky (because of your hard work) and have heart of gratitude or bitter and blaming others. You have a choice to stay focused and passionate about those life goals you have or give up on them and give them an excuse later on in life because the extra effort wasn’t worth it.
I pushed through the challenges thinking about the family I was going to have and the people that I wanted to help. It’s what still drives me today. The reality of that question made me work harder. To put in more effort. To do whatever it takes. You can too. Don’t count the hours, days, months or even years. Count on the fulfillment of being able to take care of loved ones. To do for others what most people cannot do or aren’t willing to do.
I am willing to work harder for that. I owe to it to my future self.