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How the Best CEOs Get the Most Out of Every Day (firstround.com)
93 points by gatsby on March 13, 2014 | hide | past | favorite | 38 comments



I hate articles that start out with lies. The average tech CEO does not work 11.5 hours a day, 7 days a week, 52 weeks a year. There might be a few tech CEOs who work that long, but I am guessing for most of them it isn't a sustainable workload.

I actually think the tips here are fine, but the premise that all successful people in silicon valley work ungodly amounts per week are inaccurate. I know many very successful people who work 40-50 very efficient hours a week.

Also, one last comment...

> Demonstrate the 80/20 rule in everything you do. This means spending 80% of your time on the work that moves the needle, and only 20% on the smaller stuff.

Generally in this context, the 80/20 rule is used to mean that you get 80% of the benefit with 20% of the effort, it isn't a rule about how to divide up your time. IE in the time management context, it would mean you get 80% of the progress you create in 20% of your time spent working. The key is figuring out what you are doing in that 20%.


>> The average tech CEO does not work 11.5 hours a day, 7 days a week, 52 weeks a year. There might be a few tech CEOs who work that long, but I am guessing for most of them it isn't a sustainable workload.

Articles often get to this by counting stuff that you and I would consider not-work time. I read an article about a banking CEO who claimed to work 65+ hours per week. His daily schedule went from 6:00 am to 7:00 pm each weekday. That included taking calls as he commutes for an hour, a breakfast meeting, an hour at the gym with a couple VP's, and an hour networking at lunch. His actual desk-and-meeting time was about 9 hours.

It's still a large time commitment, but it's not that different from what the rest of us do.


Similarly, very hard to measure the amount of time that we spend actively thinking about our work outside of the office. My first job was in investment banking, where I was physically in the office or meetings far more than my bosses; when I was outside of the office (what little time that was), I was rarely thinking about my job. It was clear, however, that the best mid-level and senior men/women were thinking about their clients and brainstorming even while they might not technically be working.


We should never judge someone's productivity by how many hours of "work" they do. Especially not for CEOs. They have all the resources at their finger tips to delegate and automate the tasks. If they are busy frantically responding to emails there is something wrong with their approach.


I used to think I was not the "80 hour a week" kind of person, because I typically only sit at my desk from 7-5, Monday-Friday. But once you start counting the time you check and respond to emails (which I do constantly), take calls outside of hours, have meetings with people outside of working hours, etc... it's really not hard to imagine 11.5 hour days being average.


Anyone else find the last hour of their evening is taken up by emails/cleaning up their last tasks. Since my first son was born, I have tried to get out of the office earlier, only to find I do MORE work at home after he goes to bed ...


When my daughter was pretty new, couple of months, she'd only go to sleep if I held her. I got pretty good at typing lying down with her stretched across my forearms.


I am sure you have some great photos of this (or at least I hope you do)

My wife and I keep on having [hand|head] moments when we miss these photo ops


I'm just the opposite. Work doesn't even cross my mind after I run out of the office shouting "Freedom!" My manager once asked why I didn't see a change to a meeting time he made late the night before; I just laughed. Why on earth would I have seen it?


We need more people like you. Some how we are lead to believe that its normal to get a fixed pay check while working uncountable number of hours while giving loyalty for free.


No.

We need more people who cannot stop thinking about their work, because of how much they love it.


Here's another time management tip: Don't real the full text content of articles like these.

Read the subheadings and bullet points, and you will probably walk away with as rich an understanding of the intended message as if you'd read every word.


I think the best CEOs generally get the most out of their time by spending the first 8 hours or so of each day reading about what other CEOs do.

Or, maybe each has his/her own style that works for him/her.

I viscerally hate these articles.


Bill is incredibly smart. And provides interesting advice.

It's amazing to me that you can learn nothing from the article. Or that you think CEOs shouldn't take the time to learn from other CEOs.


I didn't even read Bill's article. My comment is not a commentary on the person, but the "feel" of articles like these.

There are certainly CEOs that I admire and I'm not advocating that we stick our heads in the sand. But, good grief, how many articles, books, blog posts, talks, etc. about "what successful people do" do we really need?

I hate the fallacies they promote: a.) you are too stupid to figure out how to succeed, and b.) you should therefore worship others to the point that you mimic them as a path to success, and c.) that (by implication) if you are not succeeding, then it's because you haven't studied and imitated others enough.

BTW, it's another fallacy that if we just all go out and do X, then we can succeed too. It's ridiculous, really. A little advice is fine, but there is this culture that we all need to swim in the same direction, following the anointed few who have figured it all out when we could not. Go to the mountaintop to confer with Tim Ferriss or Jason Fried, and all will be well. Well, maybe they got lucky. Maybe if they'd studied what the reader did every day, they'd be 12 times more successful.

It's so stifling, condescending, and flat-out unworkable. It is also potentially demoralizing to founders who are working hard to gain traction. Insidiously enough, this, even while it appears to be inspirational.

If you were thinking and working hard every day at the incredibly complex and difficult task of lifting a startup off the ground, and you read one of these types of articles a day, you would run in circles and fall into a deep depression. Meanwhile, the actual extent to which the cacaphony of such advice will move the needle for such a founder is miniscule.

How about this? Think and work as hard and as smart as you find you need to. Listen to your own instinct and use your judgment, even in taking advice from others (including mine). You have what you need to succeed. Screw the people who keep trying to "help" you by implying that you are deficient; whether in books they are selling, facile articles with linkbait titles, or otherwise.


You didn't read the article so you have no idea about the 'feel' of it. You're judging it based on the title (which is on par with judging a book by it's cover).

As with most advice, you should take it with a pinch of salt but it is worth examining it and taking things that seem relevant to you. If you never read anything then you'll certainly close off the opportunity to find something useful.

In this case, the claim about 'hours per day' is something I'll dismiss. However, the idea of 'No templates' for emails is quite useful as is the idea of keeping Playbooks (purely because it's another word for 'documentation' but people don't get excited about that one).


>You're judging it based on the title (which is on par with judging a book by it's cover)

Yes. Of course I am. Repetitive, vacuous, linkbait titles speak for themselves. That's why "linkbait" is a phrase.

Also, if the title of a book is "How to Grow Grapes", then I can guess enough about its contents to determine whether it's for me. So, literally judging a book by its cover is prudent, contrary to popular belief.

I mean, when you browse HN, do you scan the subjects or click and read each article to determine whether it's of interest to you? Likewise, people put thought into the titles of their articles for a reason.

Still, perhaps if there weren't 8 trillion blog posts, books, articles, talks, etc. of this ilk, I'd feel differently. But, as it is, there are.

>If you never read anything then you'll certainly close off the opportunity to find something useful.

I'm certainly in no danger of that. I read a good bit. And, that once included my share of articles, books, etc. of the subject ilk. I am well familiar enough to know that the premise that there is value to be derived from loading up on this kind of stuff is ludicrous and counter-productive.

In other words, I know the value of reading and I also know the value of not reading certain things.

Again, it's not any individual article to which I object. So, your finding a helpful tip in this article is not disproving my point or even addressing it. It's the plethora of such articles, the "path to success" they promote, and the overall false premises upon which they are collectively built.

You're not going to win as a founder/CEO by letting someone else do your thinking for you or by following someone else's path. There are far too many variables that go into success (including luck) and far too many decisions to be made that are unique to you. Such articles implicitly undermine people's confidence by making them believe that they need to imitate others to find success.


You are right. There are tons of terrible articles on the web that claim to "have the key to success." Replicating what successful people do isn't the key.

I'm just saying that your comment ("I viscerally hate these articles") belongs on a thread about a crappy article. Not on a thread about great article. This one is by a great entrepreneur and one who interacts with hundreds of smart CEOs. This article is the one others strive to be like. It shares how smart people work - it doesn't tell you how to be successful.

Your comment also belongs on the thread of an article that you have actually read.


EDIT: We disagree. But, rather than try to convince you, I've removed this comment. It occurs to me that I have a different way of thinking about this that others might appreciate and find helpful.

It's also part of a bigger set of "issues" that I have with the status quo. That is, it's one of several things in the current startup ethos that I believe constrains too many good people. So, rather than continue to discuss this on a soon-to-be obscure HN thread, perhaps I will find a different format for injecting a different set of more broadly empowering ideas into the environment.


Edit: you removed your long comment so I removed my smart-ass remark about it.


That's awesome, champ.


Yep, stopped reading at "Be an E-mail Ninja."


That is actually very important, there is just too many people that cannot communicate efficiently over email, it wastes not only their time, it wastes everyone's time. (I agree that "be xxx ninja" is not nice language, but still...


Assistance. You retain the help of a full-time or virtual assistant who can help sort through your email to flag what’s actually important, what requires action and what doesn’t.

How does this work in practice, in particular with respect to security?

i.e. how do you find a trustworthy assistant? Do you have to give them access to your entire spool? How do you deny access to sensitive emails?


there are some awesome companies like zirtual.com


Hadn't hear of them. Good tip. Thanks.


Interesting article with a lot of productivity tips. Wonder if this article actually implies that there's some sense in not having the typical CEO tasks assigned to just one person.

I'm assuming that certain tasks make most sense if one person is in control, but in some sense with things like email, I can't help but wonder if you're not better off "parallelizing".

Anyone with experience in breaking down the traditional CEO role into sub-roles assigned to multiple people?


> 14 hours a day

Yeah... I don't believe that's the average, sorry.


it's a general article with fairly general tips. but this is simply what happens when you direct list-making at an ambiguous topic.

although there was definitely some value there (templates are incredibly useful) i think a more interesting topic would have been time-management mistakes inexperienced CEOs make. because there are a lot and you don't find out what they are until you get absolutely obsessive about managing your time.


There is a lot off good advice here. The key is get rid of work. Leaders lead. Do BS work 1-3 times and get rid of it. That's what you have employees for.

If you cannot afford to do that, you're short changing yourself and your company, because you should be out there selling and building, not dicking around with salespeople or linkedin.


Warning, if you have cookies blocked, this will hang the page, at least Firefox. That's a new one.


As an aside - can anyone comment on the 7 minute workout [1] linked to in the article?

[1] http://well.blogs.nytimes.com/2013/05/09/the-scientific-7-mi...


I've been using this set of exercises as a less-intense interval routine when I don't have time to do a full p90x workout, or don't feel like making up my own set of intervals for a day. Two times doesn't feel like enough for me, but I was pretty tired after getting through four once. Three will probably do it for most people, I'm small so I can do an unusual number of reps for bodyweight exercises. I like it since it's fairly focused on the core and hits the major muscle groups. You can always make it harder by changing the normal squats to jump squats, doing a different ab move, etc.


There is no such thing as a 7-minute workout that will completely get you in shape. This is a great set of exercises that, if performed twice with a short break in between and at the level they suggest, will leave you totally wiped and feeling like you received a great workout. When I'm in a good workout rhythm, 4 days a week (2x running, 2x amended 7-minute) seems to work pretty well.


No, but it's much better than nothing. If you're out of shape, 7 min every other day or even 2x per week is a great start. If you're reasonably fit then I agree, 7 min is not enough. I've been both in the last few months, and I can attribute the 7 min workout to getting me back on track.


I use a portable resistance training method my friend invented to maximize quick workouts like the 7 minute one. you can check it out at www.rhinoboss.com if you want.


stopped reading at "don't hold status meetings, get people to write it down". This is such monumentally bad advice it immediately made me discount the rest.

Down this road lies write-only status updates that have been the bane of dev teams since forever.

If your priorities lie elsewhere than with keeping up with what your team(s) are doing then you don't need status updates; you need to delegate the management function.

If you're not meeting one-on-one with your immediate reports each week then delegate the management function.

If you're really so busy doing "important stuff" that what your actual employees are working on is not worth the time it takes for them to tell you about it, then you're doing it wrong.





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