But how hard they work can scare some people. A New York Enterprise Report survey revealed that small business owners work twice as much as regular employees. It also found that 33% of small business owners reported working more than 50 hours a week, and 25% said they worked more than 60 hours a week. Some entrepreneurs work 40 hours or more a week, while other small business owners believe that you must work at least 60 hours a week to be successful.
Some successful entrepreneurs believe that, in the beginning, it's important to work 14 to 18 hours a day in their business or startup. While many companies follow a standard workweek of 9 to 5 and 40 hours, entrepreneurs find themselves working at odd times of the day, often more than 40 hours a week. Before starting on your own, it's important to know that being an entrepreneur requires a lot of time, effort, stopping sleeping, spending time with family and hobbies. Reserving mental muscle strength and willpower is why entrepreneurs like Steve Jobs and Mark Zuckerberg wore the same outfits.
We'll be in your inbox every morning from Monday to Saturday with the day's top business news, inspirational stories, top tips and exclusive reports from Entrepreneur. Every business owner is different, and it's a mistake to compare yourself to entrepreneurs on social media who claim that working less than 90 hours a week will destroy their business. What sets successful entrepreneurs apart from everyone else is their ability to manage these distractions before exhausting their schedule. So how many hours should entrepreneurs work per week? With so much uncertainty, we turned to entrepreneurs and studies on productivity in the workplace to find an answer.
Regardless of your personal situation, it's important to understand how the time you spend as an entrepreneur will affect other aspects of your life. But it's important to take care of your physical and mental health, instead of trying to emulate other entrepreneurs or follow what someone says on social media. The successful entrepreneur creates a routine that could consist of waking up, drinking a glass of water, exercising, eating breakfast and reading. Some business owners are successful at working 30 hours or less a week, while some notable entrepreneurs like Grant Cardone believe that you must work 95 hours a week, or 14 hours a day, to become a millionaire.
Being an entrepreneur involves challenges, but it's essential that you take care of yourself and all aspects of your life when starting a business. While popular businessmen may encourage you to work 60 to 100 hours a week, science doesn't agree with this sentiment. Even though these successful entrepreneurs believe in spending a lot of time on their business, it's a stretch to assume that every founder of a successful startup spends 75 percent of their week working on their business. Gary Vaynerchuk, another successful entrepreneur, recommends spending about 18 hours a day working on your startup during the first year of your company's existence.