Shifting to 10-year thinking brings clarity, peace, and better decision-making. It allows entrepreneurs to see today's problems as mere specks on a long-term horizon, leading to faster progress and more balanced decision-making in all areas of life.
Knowing your 100% means identifying the perfect number of work hours and weeks per year that maximize your energy and output without leading to burnout or boredom. This 'work container' ensures you stay within your capacity, avoiding the extremes of overwork and under-engagement.
Yes, an entrepreneur's work formula can change. For instance, Gino Wickman worked 55 hours a week for 30 years but is now shifting to 40 hours. The key is to maintain a balance that avoids burnout and boredom, adjusting as personal and business needs evolve.
10-year thinking encourages making decisions that align with long-term goals in personal relationships and health. For example, if you envision a healthy relationship in 10 years, you'll be more mindful of your actions today. Similarly, health decisions become more aligned with long-term well-being.
The 'work container' is the optimal amount of work time an entrepreneur can handle without burning out or getting bored. It's crucial for business growth because it ensures sustained energy and focus, allowing entrepreneurs to delegate effectively and build scalable systems without overloading themselves.
In this episode, we’re joined by Gino Wickman, a renowned entrepreneur, author, and creator of the Entrepreneurial Operating System (EOS). Gino shares his invaluable insights into achieving entrepreneurial success while maintaining balance and avoiding burnout. Drawing from his 30 years of experience, he discusses the importance of finding a personal "magic formula" for work-life balance. Gino emphasizes the delicate equilibrium between pushing yourself hard enough to avoid boredom, but not so hard that you burn out. He highlights the concept of a "work container"—a framework for maximizing energy and output while staying within your capacity for both work and life.
Throughout the conversation, Gino offers practical advice on optimizing productivity and maintaining focus, from how to structure your workday to how to adapt your formula over time. He also explores how business owners can scale effectively, noting that, like building a skyscraper, once a business is up and running, it requires less day-to-day effort to maintain. Gino also dives into the importance of systems and delegating effectively to prevent overload. He encourages entrepreneurs to constantly assess their capacity, stay aligned with their values, and make strategic adjustments when necessary, ensuring long-term growth and sustainability in both their personal and professional lives.
CHAPTER TITLES
03:00 - Impact & Purpose
06:00 - Finding Your Formula
09:00 - The Work-Life Balance Formula
12:00 - Energy and Efficiency
15:00 - Shifting Over Time
18:00 - The Burnout vs. Boredom Balance
21:00 - Work Container and Business Growth
24:00 - The Role of Systems in Scaling
Connect with Gino Wickman:
https://the10disciplines.com/)
BOOK TITLE - Shine
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