"So you'd bet that if I shadowed 1,000 self-made millionaires while they were building their businesses, and then shadowed a random sampling of (employed) Americans, the millionaires would work LESS than average? Really?"
No, I never said anything of the like. In fact, I said that the qualities more likely to make you successful are also likely to predict working long hours. What I would say is that if you could make two copies of the world, one where entrepreneurs work reasonable hours and one where they work extensive hours, they would generally have better outcomes with the former.
In essence, it seems that working in crunch mode for extended periods of time is a bad habit of highly motivated people.
"Entrepreneurial success generally requires a wide variety of different tasks."
Obviously, there are all sorts of businesses and all sorts of entrepreneurs, but I'm not sure that the data available suggests that working with varied tasks alleviates problems of fatigue. Additionally, the penalties of multitasking are generally well documented. If the tasks just need to be completed and are straight-forward, or if you're in a short lead-up to a deadline, certainly there are times when it makes sense to work extended hours.
No, I never said anything of the like. In fact, I said that the qualities more likely to make you successful are also likely to predict working long hours. What I would say is that if you could make two copies of the world, one where entrepreneurs work reasonable hours and one where they work extensive hours, they would generally have better outcomes with the former.
In essence, it seems that working in crunch mode for extended periods of time is a bad habit of highly motivated people.
"Entrepreneurial success generally requires a wide variety of different tasks."
Obviously, there are all sorts of businesses and all sorts of entrepreneurs, but I'm not sure that the data available suggests that working with varied tasks alleviates problems of fatigue. Additionally, the penalties of multitasking are generally well documented. If the tasks just need to be completed and are straight-forward, or if you're in a short lead-up to a deadline, certainly there are times when it makes sense to work extended hours.