It’s crazy how this was 8 years ago & how there’s even MORE pressure on entrepreneurs now a days with social media
@daurgo2001Ай бұрын
10 years now... still just as bad
@vvjp57326 жыл бұрын
"Suffocating under the weight of my own ambitions" and "victim of a broken social narrative". Very true. Not enough research and focus is drawn to the welfare of entrepreneurs. Passion and independence does not conquer all.
@kerryford60305 жыл бұрын
do you feel this pressure too?
@photope63353 жыл бұрын
I also feel same
@joyceernest55982 жыл бұрын
⁰
@rickboiardimindshiftingaca69755 жыл бұрын
I deal with this all the time. If it’s not an activity towards achieving my goal then I feel guilty
@damienalvarezdetoledo496 Жыл бұрын
Hi Rick, sometimes that guilt feeling can be used as a motivator, but it isn’t necessarily a healthy one. have you tried anything new to improve your levels of guilt or are you just dealing with it as you can?
@rickboiardimindshiftingaca6975 Жыл бұрын
@@damienalvarezdetoledo496 I am allowing myself some time each day to rest and relax. It puts things more in perspective
@damienalvarezdetoledo496 Жыл бұрын
@@rickboiardimindshiftingaca6975 I sent you a DM
@sinegugushabalala16923 жыл бұрын
I am crying right now because my business is doing so well but I feel so drained and tired I wish I could do things differently and still have my business do this great but with me being more happier and not always so tired and feeling drained🥺
@bangladeshirealtor3 жыл бұрын
you need to hire smartly and allocate responsibilities...be a visionary not just an implementer
@fitforfreelance3 жыл бұрын
hang in there! I just heard research that eating more produce can reduce stress by 10%. Just posted a video about it, hope you get to see it =)
@whatshewore_25462 жыл бұрын
How did you solve this because I am in the same boat right now I feel drained totally 😴
@MM-ih8dh2 жыл бұрын
Same by me in Germany
@isaacmwanza24754 ай бұрын
Am in this same situation 😢, business is doing well but am drained and burnt out, feel like quitting for my health sake 😕
@teratrox46856 жыл бұрын
"Stop Trying So Hard. Achieve More By Doing Less" - Title of one ted talk, it was my motto since childhood... :)
@aking09142 жыл бұрын
As a mom and entrepreneur this brought me sooo much confirmation. I handle it all through the grace of God, appointments, bills , home, school stuff etc. and these past few months I have just been extremely exhausted. I took iron pills and it helped but not to the point of relieving me from such deep exhaustion from work and over stimulation. The truth is your body is calling out to you for assistance and rest and rejuvenation is required to be the best entrepreneur you can be. I am so grateful for this , Asé.
@davidlancaster58047 жыл бұрын
Hard work is a virtue, but don't let it take away from your family or your sense of humanity.
@anthonyzzz30137 жыл бұрын
If I work for 20 hours a week and earn enough to live on, and spend loads of time exercising, eating well, relaxing with loved ones, how is working 60 hours a week more virtuous?? "Hard work is a virtue" is a myth propagated to keep people passive in thought and the economy growing.
@RadenWA5 жыл бұрын
Because people who work less do so by delegating their manual labor to cheap workers that has to work 60 hours and has no time for family or humanity.
@mayurshettigar85665 жыл бұрын
Understand that he is sharing an act/lifestyle which worked for him. Not all can relate to it. But of course, we can learn a lot from this talk. "Do what suits you the best."
@user-gb5ff7gj1m2 жыл бұрын
Thank you for putting this out in the world. I have been doubting if you HAVE to put in so many hours as entrepreneur. Most of the entrepreneur has been saying work hard, sleep less than 8 hours a day, and sacrifice your personal relationships. The reward is freedom. I started to doubt how much freedom you have with so little personal time.
@a036nikhilsannat45 жыл бұрын
It doesn't matter whether you work more or less, the thing matter is your passion, your mindset and how&why you do your work.
@tarawagner29112 жыл бұрын
This nailed it on the head!! I have been in business for a long time - 20+ years and talk to my clients about entrepreneur burnout time and time again. Creating space in our biz and personal life to practice productivity, rest, and efficiency is key!
@hamzaalaudi1184 Жыл бұрын
Remarkable speech given, really hit most of the major talking points.
@Sweetpea777993 жыл бұрын
I am starting a business and I'm already burned out from stress. This is true.
@dustyandsneezing2 жыл бұрын
I’m 2-3 years in and I’m stressed. I worked 70 hours a week and I’m not rich. Some people would say charge more. But sometimes you just can’t do that. This video wasn’t very helpful.
@misillibertario38946 жыл бұрын
Leonardo Da Vinci used to say : "Genius people need to work less to achieve the best results and perform like never before"
@Peach-yh9ri3 жыл бұрын
I am so glad I found this video, I've been looking for this for so long... Really grateful for it, it's been so hard to sleep with this mental turmoil every night about the many things to do 😥
@magfortunate32852 жыл бұрын
Good job my new friend! J'ai eu la larme à l'oeil
@fitforfreelance3 жыл бұрын
This is so important! You don't have to work yourself to death- you can actually have a great work-life balance
@leonardgani14895 жыл бұрын
Sometime to create a masterpiece you need to work hard instead of think hard or work smart. Many people spend their time in thinking how but they don't have the capability to do it, so work hard and smart. Keep all things in balance.
@Chef_Tz2 жыл бұрын
This was really motivating I am at the point where my first business failed and I'm really depressed rn finding my recipe for success is definitely something I will apply when I start my next endeavor
@speedykiller3606 жыл бұрын
So true words! This man is a master! I am glad that I had the opportunity to hear this speech. THANK YOU!!
@enochbrown81784 жыл бұрын
Phil Drolet is right. We think that more work will conquer anything. Well, it won't. If you're thinking about the long haul, then you need to have periods of rest and reflection each day. Put the correct systems in place, delegate, and keep your eye on the competition or designate someone to do it and make sure they report to you on a regular basis.
@MyTimeToReinvent4 жыл бұрын
Balance, alignment, and working smarter will produce the best results. It's not all about working more. Great ted talk for entrepreneurs.
@mineskamarkgraaff16316 жыл бұрын
This is so true , I have been trying this and it works!! But I still fall into old habits from time to time...however this is such a wonderful reminder! Thank you!
@Imtheone843 жыл бұрын
Thank you Phil. Building systems and delegating
@barrysaccountingservicesco19136 жыл бұрын
This speech resonates with me. I used to work 80-hrs/wk. for several years when I started my consulting business. Working those long hours didn’t bother me because I was passionate about what I was doing; and I was happy to work everyday. Recently, I reduced my work hours by 75% because the long hours that I had put into the business when it started continue to produce huge rewards/dividends. Unfortunately, I didn’t have a social life. Ha! ha! ha!.....he! he! heeeee!
@archanachhatre30252 жыл бұрын
Somehow, I needed to hear this after putting 2 years into my coaching venture and fearing to launch it.
@rutvijdoshi96643 жыл бұрын
This video should have infinite views ...Many young entrepreneurs are rushing comparing others
@apall27644 жыл бұрын
Yep this guy is right, but he talks about 50+ working hours reduction, I've found that 50 hours is the best work-life balance for entrepreneurs, If you're an entrepreneur especially startups minimum 50 hours required
@GrandOverlord20003 жыл бұрын
I've reached the point you described, the real exhaustion that hits you once you get a moment to breathe
@draxtermusic6 жыл бұрын
Phil, you are my true guru. please keep doing this thing. getting your emails and so on. you keep us motivated and energized. ONE BIG THANKS PHIL. for real. THANKS
@IsaacMillerRocks10 жыл бұрын
Loved your talk Phil, I've struggled with working too much and pushing to hard as well. We've all got to slow down and just learn to relax sometimes.
@thecryptomba447610 жыл бұрын
Amen!!
@danielstojanovski78695 жыл бұрын
Thank you! Well said regarding testing assumption that success is directly correlated to number of hours worked.
@naikajay5 жыл бұрын
There's no substitute to hard work.
@bibabarry16972 жыл бұрын
I have never watched this presentation but i went through the same thing. Suffocating under the wight of my own ambitions. and i did the same experiment of working less. I was not an enterpreneur i was an employee. I became engross in the dream of my employer that i forgot myself. When i took a break it was a whole different change.
@johntran25184 жыл бұрын
How painfully refreshing is it to be alone in the dark and cry to release all that negativity out.
@worldshaper17236 жыл бұрын
If you want to work less, that's fine. But I won't change the world by working 40 hours a week, I can not afford that. And don't get overly stressed because I found ways to control my stress levels, I meditate every day and exercise. The world of Business is a war, and relaxing won't get me anywhere.
@diegorabelo58215 жыл бұрын
Just curious. What industry are you in if you dont mind me asking?
@SejuaniMedio5 жыл бұрын
Ok Jeff
@heikorudi61055 жыл бұрын
Nice try. Studies have shown that people who work 40 hours a week get as much done, on average, as those who work 60 hours a week. Elon musk works 80-100 hours a week, 90 on average. he is working on 3 companies at the same time: Tesla, SpaceX and The Boring Company. All three companies are changing the world. Statistically he can only work about 30 hours a week on each company, so he could just drop 2 of those companies and work 40 hours a week on one of them and still change the world.
@ianvensel7975 жыл бұрын
Facts
@josecarlosxyz4 жыл бұрын
You won’t change the world anyway regardless how much you work you’ll never change the world. That’s a naive mentality
@blazeblaze6665 жыл бұрын
there are 2 kind of people watching this video, simply clicking this video for no reason and intentionally watching this for a reason
@kizunaastin53084 жыл бұрын
Its a secret too in working out to build muscles, recovery is the key and where your muscles grow not in the amount of time you workout, but the amount of time you rest to recover
@karenchu9943 жыл бұрын
as an entrepreneur, i can attest that 80-100 is normal week.
@Imohlaapohko6 жыл бұрын
Divine timing.... Thank you
@vivdoolan68464 жыл бұрын
So needed this. I work so much better on a25 to 30 hour work week.... I felt I was geing lazy but knew I was more productive.
@path2greatnessproject6418 жыл бұрын
Great topic, great speech. I can really relate to this. Thank You for sharing.
@annafuru15555 жыл бұрын
These are great points Phil. Working smart trumps working hard.
@yelenagrabko13677 жыл бұрын
Thank you Phil, I love all what you are saying!
@visamap2 жыл бұрын
Thank you all very much
@poor.but.possible6 жыл бұрын
Thanks for this advice , its just applicable in studing as a student. Once again thanks
@matthewsalmon20135 жыл бұрын
Given the high rate of unemployment and underemployment, the future belongs to those that can build robust teamwork systems and create trusted partnerships.
@ttoo64634 жыл бұрын
Good theory. Easy said then done
@toddkuslikis689410 жыл бұрын
Incredible job Phil! I think this message is so important. It hard for entrepreneurs because most enjoy their work but its important to maintain balance and not let passion get out of control.
@thecryptomba447610 жыл бұрын
That's right! The reality is that we should all have hobbies that are just as much fun as work, no matter how passionate we are. And when we get away, the work becomes even more fun :)
@teratrox46856 жыл бұрын
they should select passionate ones with them.... Passion Should Be the main one...
@Irzani9385 жыл бұрын
U might need to emphasize on work smart rather than work hard. By simply dropping down the working time but still physically working at same pace, it would affect the work output. Imho.
@mberge15 жыл бұрын
Makes a lot of sense. Burnout is no fun if it doesn't end.
@paulmitchell53495 жыл бұрын
The crucial phrase, ''my team''. So those guys carried you during the month off. Most people don't have that luxury.
@SensibleMax5 жыл бұрын
Thought the same, his workers must love him to death :)
@annegachanja34683 жыл бұрын
💯
@dustyandsneezing2 жыл бұрын
Nope, not this guy. I got one person I can count on and that’s it. We still have to do everything.
@markbrisec39723 жыл бұрын
I can't take him up on this advice of "work 25% less starting from Monday".. I'm already working as little as possible and I have to admit that this approach is maybe not the best way to improve your business and be a better entrepreneur... But I got a lot of time on my hands to mooch and slouch around, generally turning into a lazy SOB... Business isn't improving. But thankfully it's not going down either. A perfect equilibrium..
@hibayana79155 жыл бұрын
Slowing down really matters. Great Ted talk 👏👏
@bestprimal97903 жыл бұрын
Entrepreneurship is just the same as going to the gym, you don’t spend all day working out but rather prepare ahead of time physically and mentally, do the exercises that you planned to do and then recover.
@vitezhrabri40546 жыл бұрын
The law of diminishing returns but whit time spent at work brilliant
@nishithmanek26 жыл бұрын
Running a manufacturing firm, I completely correlate what you said....will try from this month itself...! Nothing to loose in worst case scenario...except some much needed additional rest...✌
@kerryford60305 жыл бұрын
have you found any action plans or blueprints on doing this?
@NunoTuna6 жыл бұрын
These "opinion makers" and "life coaches" opinions are so bloody arbitraries. What works for some, doesn't work for others. I'm a freelancer designer. If I worked less than10 hours a day I wouldn't make enough money to pay my bills. Other people don't have that problem. The variables are endless. Yada, yada, yada...
6 жыл бұрын
Yes, you're a freelancer, not an entrepreneur - they outsource/delegate.
@hemanbhojwani33336 жыл бұрын
Well said, Nuno. Everyone's situation is different. Phil also conveniently forgot to mention that the reason he became more profitable is probably because he put in all those long hours in the beginning. Nothing worthwhile comes easy.
@alexusanin16325 жыл бұрын
I see your point, but I also believe that you CAN work 5 hours a day. That's all about being bold and asking for more money. When was the last time you asked for 2x the pay of average freelancer? Why haven't you tried doing that? What holds you back?
@kerryford60305 жыл бұрын
can I ask, what are your main mental, emotional, physical issues with working such hard hours and having to remain creative? considering you cant cut down your hours or have that luxury? its a real situation for so many.
@soniccookie6555 жыл бұрын
Working less is still good for people, but yeah, it's just not something everyone can do. His advice is good but it's just not always an option.
@cpengwin5 жыл бұрын
Elon Musk and other's aren't wrong in saying their success is down to putting in 80+ hour weeks but they are wrong in thinking that will work for most people. Only very few people are 'lucky' enough to be able to keep it up without burn out. For most of us less hours = more productivity and of course more time to do the things you actually want and that will make you feel good about yourself. Couple of interesting studies I don't have the references for, first: bosses can't tell the difference between employees who just say they work tens of hours more than their contract and those who actually do, secondly that above 45 hours each additional hour worked increases production by only minuscule amounts.
@ValhallaMovement10 жыл бұрын
Great talk and very true insight into the destructive habits of entrepreneurs!
@thecryptomba447610 жыл бұрын
Thanks! It's important to talk about it.
@kaolid5 жыл бұрын
I don’t think Elon works at all... He’s obsessed with what he does and it becomes base instinct for him. For Elon, he enjoy his work just like how most people enjoy their sleep. Although I think everyone should find time to exercise and spend some time with their family.
@mosialive4 жыл бұрын
That's what Entrepreneurs do. It's not about being exhausted but often working and enjoying so much that you're not even realizing that the time you're giving is too much. It goes with the flow when you've found your flow.
@SpiritualEntrepreneur5 жыл бұрын
Most inspiring talk ive ever listened to
@jackmwanza45454 жыл бұрын
We are in a race against time. I will do what I have to while I live. Isaac Newton deciphered this pretty well no wonder we have the luxury to enjoy many of his great inventions.
@CourtneyLSanders3 жыл бұрын
Great talk! Thank you for sharing these ideas!
@trunghieuphan8915 жыл бұрын
Well hustle is a stage everyone needs to experienced before they get to the stage that they can work smart to cut down the efforts they put in :-?
@invuestudios5986 жыл бұрын
Truth has been spoken!
@MajorasMaskMailman4 жыл бұрын
Great talk. I think the title could've been better as "Entrepreneurs are Killing Themselves".
@codewithfongoh4 жыл бұрын
Best talk I've ever watched. I have just been drained now let me try another approach
@marieldays22323 жыл бұрын
Thank you I realized a lot of things
@jerrydouglas45832 жыл бұрын
Probably the best TED talk I’ve ever seen. It is a topic that I searched, and then that might have something to do with it, but super Duper nailed it and I am using this philosophy in my program which, ironically has a similar name to yours
@rogiervantilburg34403 жыл бұрын
Thanks for sharing!
@mountain852 жыл бұрын
Absolutely right about Elon Musk and celebrated entrepreneurs, two divorces, not being able to spend time with FIVE children that you already have doesn't sound promising.
@hectorcortez23796 жыл бұрын
I Need to watch this video un this part of my life and my business.
@TheVFXbyArt6 жыл бұрын
Didn’t we already figure this out, like, 100 years ago with Henry Ford and the 40 hr work week? Make no mistake, there’s no shortage of people willing to work 80 hr weeks, if only to get away from their family. If people want to kill themselves that way, its their own personal business. A workaholic is just that. Just don’t base a work ethic starting at 80hrs/wk.
@sergii_real_estate2 жыл бұрын
please share more about it, Im in trouble
@katrinaruthministries4 жыл бұрын
This is a great video and totally agree with this!
@KARMAYOGbyVIKASSINGH6 жыл бұрын
Brilliant
@laurentien007 жыл бұрын
Working 100 hours per week means no family life and a lot of drugs to keep up with the stress if you want to stay good for more then a few weeks. Perhaps Elon and Mark did not tell how they really did it.
@Aprilforevergreen7 жыл бұрын
Because Elon and Mark actually produced something but these guys (Tony Robins and those kind of speakers) make their livings giving talks about how to achieve results which means? I always think is something very different. I would be criticised if I say they really made a living from exploiting the dream for success wherein neither the motivational speaker doesn't produce anything and neither do the vast majority of people who listen to them never go on to produce anything either. It's like paying to feel good momentarily.
@harresdirksen19507 жыл бұрын
I think it matters alot that someone like Elon Musk is super super passionate about what hes doing. Hes basicly doing what he loves and what he absolutely beliefs to be his 'destiny' (maybe not in the literal, spiritual sense of the word). If you truely have a mindset like that about something, then doing it all day long really isnt that much of a burden.
@StefanReich7 жыл бұрын
What does "to work" even mean?
@eddenoy3217 жыл бұрын
To suffer and sacrifice life's pleasures for greater monetary gain.
@StefanReich7 жыл бұрын
+Ed Denoy Thanks. I think there are multiple definitions and that is a big source of confusion
@SUNNYBOIBIZ7 жыл бұрын
This was inspiring, thank you
@yingyu59234 жыл бұрын
You changed my mind.
@Motivationlife-cz9fk7 жыл бұрын
thank you
@Jesse_Lane6 жыл бұрын
This was life-changing for me!
@Mrhaydentv2 жыл бұрын
Amazing
@jessy32094 жыл бұрын
This video should get more view
@asocialex66845 жыл бұрын
"i'm not sure i want to be me" cit. Elon Musk
@israelarechiga92148 жыл бұрын
I never thought of it that way
@thewaymaker60015 жыл бұрын
From a established business man, work smart is hand in hand with working hard and sometimes long hours. Don't listen to these quick success puppets!
@mzalt10 жыл бұрын
BEST TALK EVER MAN, Starting from next month I will try the (30 days work less challenge)..
@thecryptomba447610 жыл бұрын
Thanks Mahmoud! I'm excited for you... Bigger results with less effort here you come!
@serumano41355 жыл бұрын
Are you kidding me?!?!? I prefer work for myself for 66 hour/week then 40 hour to anybody else. It is not only about the money. It is about freedom, decide when work or solve personal problems. I worked several years at supply chain area and now have my own business is the heaven.
@shaikhmohammeddanish254 жыл бұрын
In a nutshell Quality is better than Quantity
@advicefromdaddy71186 жыл бұрын
wow man thanks
@islandtimewellness70914 жыл бұрын
Loved it 💕 Thank you!
@sylvainbodji11244 жыл бұрын
Wow, so deep
@jonathanc35705 жыл бұрын
What you described is the 80/20 rule
@Aprilforevergreen7 жыл бұрын
Made me laugh when he said perhaps Elon Musk could be doing better - lol
@nikolion42564 жыл бұрын
I agree
@Susanach819 жыл бұрын
Very good talk!.
@gabrielsky48819 жыл бұрын
Spot on Phil!
@jajuanrussell53865 жыл бұрын
The irony is uncanny: The employee understands the haps and mishaps of a 60 hour work week, AND the hour cuts. As it were, I've been able to be more effective at my place of work, because of the long hours; But it is also harder to goto work when the schedule variably less demanding. Moral: consistency still equals a compounded interest.