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> Continue to work 60 hours a week I do not, even for an instant, believe they pull those kinds of numbers.
by HumblyTossed 2y ago
> Continue to work 60 hours a week
I do not, even for an instant, believe they pull those kinds of numbers.
- somenameforme 2y agoTime reviewed a study based on some 256 CEOs here. [1] The average work week ended up at just over 58 hours. Here [2] is a post from Forbes where they surveyed 50 billionaires on how many hours they work per week. For 60% it was at least 60 hours. Imagine tomorrow - you finally 'made it'. You have $15k/month guaranteed income, forever. It's not like that's a destination, because at that point you need to decide in a point for your life. Relentless hedonism is really awesome for like a year or two, but even that becomes rapidly unfulfilling. So... what now? For some it's work, others go for religion, others just end up playing 'make number go up' with their earnings, and so on. But the point is you need to find something to do with your life. "Comfort" is a false destination, because it's not a destination - once you reach it, you just immediately start going down a new path that can even take you further away from where you were - as in this guy's case. [1] - https://time.com/4076563/ceos-productivity/ https://time.com/4076563/ceos-productivity/ [2] - https://twitter.com/forbes/status/498274992694784000 https://twitter.com/forbes/status/498274992694784000
- rwmj 2y agoI'm surprised no one has replaced the entire Wikipedia page on Sampling Bias with a link to this study that only looked at the work habits of CEOs.
- bluGill 2y agoThis would only be sampling bias if someone made the claim that working 58 hours/week is what you need to become a rich CEO. That claim is false, but a survey of CEOs only would make it seem true. (there are lots of people working 60+ hours/week in low end jobs that will never make CEO - as any sample would tell you) The claims here though are CEOs generally work more than average despite their high income where they seem to have plenty of money. That claim checks out.
- antifa 2y agoIt might have more to do with claiming to work more than doing actual work. For example, musk claims he works 80 hrs/wk, but obviously 60 of those hours are goofing off on Twitter.
- HumblyTossed 2y ago> Surprisingly though, meetings aren’t what take up most of CEOs’ time. For 6.55 hours per day, the executives say they actually work alone, strategizing, planning, and reviewing reports. Yeah.... Or, like Elmo, they spend 20 hours a day on Twitter(x).