Tags: Minimum Wage | entrepreneurs | work | hours

What Is Number of Hours Per Week Entrepreneurs Work on Average?

By    |   Friday, 16 Oct 2015 04:48 PM

Being your own boss in your business may seem appealing because of the freedom to make your own hours, but in reality business owners are notorious for working long hours.

Business owners work an estimated 60 hours a week, according to Inc. However, a UK study revealed that entrepreneurs worked about 52 hours a week on average, or 63 percent longer than other workers, Real Business reported.

Not all entrepreneurs work their long hours at once, however. Many choose to split their work into shifts.

Urgent: Do You Think the Minimum Wage Should Be Raised?

“During the week, I’ll work 6:30 am-5 pm and 6-10 pm (travel time in between). On the weekends, I’ll check my email here and there, and work during my daughter’s three-hour naps,” Len Gauger, CEO of Message Blocks, an online even management system, told Tech.co.

Blaine Vess, CEO of online learning tool system StudyMode, has a similar shift methodology. “I usually work from home from 9 am-10 am, and then at the office from 10 am-7 pm. I’ll go out to dinner and then work from 10 pm-2 am, depending on workload,” Vess told Tech.co.

Still, other entrepreneurs admit to working around-the-clock.

“The life of an entrepreneur is never ending. Initially it felt like 24/7, now I’m down to 7 am-7 pm for the most part,” Laura Meck, Small Business Secret Weapon Company managing partner said.

However, many doubt the actual merits of a workweek over 40 hours. Studies during the past 75 years have shown that beyond hour eight of work, people are much less likely to be productive, reported Salon. While overtime and working extended hours can be temporarily productive, regularly working too many hours may not be as effective as business owners think.

Tell Us: Should the Government Raise the Minimum Wage?

Rather than overexerting themselves by working too many hours, entrepreneurs could be better off working fewer hours and managing their time better. Sleep patterns are essential to productivity so it is important to determine whether an individual is a morning person, night owl, or neither, Inc. reported. By figuring out which work hours are best, entrepreneurs may be able to cut back on hours without cutting back on productivity.

© 2017 Newsmax. All rights reserved.

   
1Like our page
2Share
FastFeatures
Being your own boss in your business may seem appealing because of the freedom to make your own hours, but in reality business owners are notorious for working long hours.
entrepreneurs, work, hours
372
2015-48-16
Friday, 16 Oct 2015 04:48 PM
Newsmax Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved