Running a successful business isn’t that different from starting a successful rock band. There’s the heavy grind over a short period, or the more sustained, balanced effort over a longer period.
Find out how these approaches link to a 4-Day Work Week Lifestyle in this episode.
Watch the video above (or listen or read below) for the full lesson so you can take the next step towards creating and maintaining a #4DayWorkWeek
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If you were going to start a rock band, and you wanted to be successful and sell number 1 hits and be awesome, how would you do that?
Becoming a Rockstar
There are really two approaches to becoming a rockstar, and they're very related to how we do business.
The first approach is to want to do things right away. These people want to take an approach that's like this:
“I'm going to be a rock star, so I'm going to play gigs, I'm going to play events 6 nights a week and I'm going to work really hard. I'm going to hustle, I'm going to grind, and I'm going to do this for a year. If that doesn't work out, I'll probably run out of money, so I guess I won't be a rock star.”
And that method does work sometimes for some people, and if it does, it can be awesome. You hear about people who become an overnight success and they work so hard and everything happens in a very short period of time.
But if you know anything about music, you know that most people don't reach the level of being able to perform at a rock star level in less than a year, even if they already have all the skills they need.
There's another approach that could be taken and this one says,
“I'm going to give this a longer time, but I'm going to balance it out. I'm only going to play gigs twice a week, but I'm going to choose the best venues to play at. And, because I'm only playing events twice a week, I can keep a job and pay my bills because the music's not making any money for me yet. And because I'm doing that, I can open my time window to 2 years, 5 years or even the rest of my life, because now I found a way to make my dream come true by allowing a longer time window for it to happen.”
Of course, neither way guarantees you will or won't become a famous rock star. However, while the first approach might sound romantic and like the plot of a movie, it doesn’t work out all that often.
Finding a Balance
Although it can seem like famous rock stars, authors, athletes, entrepreneurs, or any other celebrities have become overnight successes, most of the time they’ve taken years to do it and along the way, they figured out a way to pay their bills.
They also figured out a way to honor their obligations and because of that, people supported them. So when they had an event, there were all these people around them supporting them, rather than the person who says, “Forget everybody, this is all about me. I'm getting my dream. Everybody else, I'm going to borrow money from you, but I'm not going to do any work that serves you.” That’s just tunnel vision, and once again, it usually doesn’t work out.
If you're looking at your business and you're thinking that you're going to be successful within a year – that, while starting from scratch, you're going to make the income you want and work the hours you want and have the lifestyle you want, within a short period of time, that’s probably not going to happen. Most people just don't get all that done in a year.
In fact, statistically, after 5 years, most entrepreneurs fail. They're just completely out of business and they have to go back and get a job.
This is not to say ”Don't dream big.” This is to say “Make dreams that are big, but be more like the farmer.” The farmer plants seeds and expects that things are going to come over time, rather than somebody that just shows up and hopes that something's going to happen immediately.
There's a better way you can approach things, and this is where you're constantly increasing your game. You're getting better at what you do, you're building relationships, you're building networks, and you're building your ability to earn an income. You’re allowing for a more natural progression that allows you to constantly get better and still, in the meantime, have a life.
Building Castles in the Sky
You might say you eventually want to get to a lifestyle where you're working 4 days a week. One option would be to say “I'm going to go at it for a year. I'm going to work 80 hours a week, but squash it into 4 days” But that doesn't guarantee anything, except probably a burnout.
However, the other way to do it is you start by working 40 to 50 hours a week and maybe you’re working 5 days, but never 6. You're working long days, but you're constantly seeing some progress and you're saving money and you're making connections and you're growing a business. Then, gradually, you can start reducing the amount of time you’re working.
There will be hiccups: there will be times where you think you have it and then all of a sudden, things drop off and you'll have to go back a few steps. Again, the path to success is a process, it goes up over time, but it is gradual.
So I encourage you, if you want to be a rockstar, if you want to be a 4-Day Work Week Entrepreneur, if you want to be a professional athlete, whatever it is, certainly go after that. But as Thoreau said, “If you have built castles in the air, your work need not be lost; that is where they should be. Now put the foundations under them.” That is, you can dream big, but make sure you’re doing it in a sustainable way.
If you're young, you're single, you don't have kids, you don't have commitments, and you want to try and build something up in a year, that’s your choice, and it could work out for you. But I encourage you to at least have a plan B. If it really is your dream, and it's that important to you, don't set yourself up to the point to where either you make it, or nothing happens. Make it more likely where you'll be successful along the way, little by little.
As an 18-plus year entrepreneur, that's what my journey's been like. I've had ups, I've had downs, but overall, it's gone in an upward direction. It just takes a little patience. If you have any questions on this, get in touch.
The 4-Day Workshop
If you want to learn more about how you can create your own 4-Day Work Week, go to 4dayworkshop.com, where you can learn about our live events, the 4-Day Work Week Entrepreneur Academy, where we spend 2 days focusing on creating the framework, and the Game Plan, for you to set up your 4-Day Work Week lifestyle.
At these events, we do hot seats, where we focus on your business and your situation. We do exercises where we share ideas with each other. Above all, we help build a network and a community of people that support each other.
These live events are supported by an online program, a Facebook group, regular meetings over Zoom calls, and face-to face-calls over the internet, where we support each other and help each other to create the lifestyle we want.
We have a community of people already doing this, and the 4-Day Workshop is the best place for you to go to get started and to meet other people who are making a 4-Day Work Week work for them. I look forward to seeing you at one of our upcoming workshops!
As always, I look forward to helping you make more money, in less time doing what you do best, so you can better enjoy your friends, your family, and your life.
Envision & Create the Game Plan for you to start working a 4-Day Work Week.
Whether you're an Employee, Entrepreneur, Business Owner or anything else...
It all starts with a VISION and a PLAN.
Learn this simple process for creating the GAME PLAN that can serve as your road map.
The 4-Day Work Week Apprentice
Learn to start moving towards a 4-Day Work Week lifestyle WITHOUT changing jobs.
Whether you are an employee, entrepreneur or business owner, you can make more of the life you currently have.
Learn how to make the most of your RELATIONSHIPS, TIME, MONEY & THINGS.