The 2,000-Hour QuestionHow many hours do most entrepreneurs really work?

ByMarty Fukuda

Opinions expressed by Entrepreneur contributors are their own.

shutterstock

Business leaders often cite 2,000 hours as the average worker's annual time commitment to the job. It's roughly calculated based on a 40-hour average work week. For many entrepreneurs and leaders, though, 2,000 hours is just a dream, with 2,500 hours or more being the unfortunate reality.

Related:5 Morning Rituals to Keep You Productive All Day Long

If we accept 2,500 hours as a general rule of thumb, that's likely more hours per year on the job than you devote to any other single activity -- more time at work than with your loved ones or your favorite hobby or recreation, perhaps even more time than you sleep. If this is the case, shouldn't work be about so much more than just a paycheck?

I understand that for 99 percent of the population, choosing not to work isn't an option. Assume that everyone needs a job to provide for their families, a factor that most must willingly or unwilling accept. However, the variable isn't, do I need to work? The variable is, where do I choose to work and for what kind of company do I work for? In other words, is my job worthy of my 2,500 hours to justify the massive time commitment? Before giving another year to your job or business, ask yourself these questions:

Related:7 Ways to Keep Your Team Hungry

  1. Are these 2,500 hours a year a good long-term investment for my future?People are not motivated by working in a static environment. We all greatly prefer to work in an arena where we have opportunities to thrive, advance and grow. In your current position, are there real possibilities to take on more responsibility and challenges? Is there anyone at your company that is currently accelerating at a pace that would excite you? Taking the time to answer these questions will provide great perspective on the long-term return on investment you seek.
  2. Does your current role keep your attention?People in positions where their work doesn't fully use their mental potential will quickly become bored and disengaged. You can reach your full potential only when you are genuinely passionate and excited. If your role isn't complex enough or fails to provide consistent challenges, you may want to think twice about where you spend your next 2,500 hours.
  3. Do I enjoy my work?我有spoken with or read about numerous business owners who were "grinding" away before they hit it "big" -- and still loved every moment of it. In fact, many wouldn't trade those early years for anything, even referring to them as the "glory days." Sometimes, it has nothing to do with the money you make or the hours you devote. Sometimes, it's the simple question, "Am I having fun?"
  4. Are there ways I can protect my time investment?If the answers to the previous questions have you thinking about visiting your nearest online job boards, then it's time to do a quick gut check. Have you done everything you can within reason to make the most of the situation you're currently in? Are there skills you can work on that would change your value to your employer? For instance, if you took a toastmasters class, would that help your advancement? If you enrolled in night courses and received your MBA, could that help? Do you take advantage of networking opportunities? Could you volunteer for a work related project? Are you reading the right books? Have you asked an executive to mentor you? Before throwing in the towel, make sure that the problem isn't at least partially yours.
  5. Who cares?How one is valued in an organization can go a long way in determining if they are in the right place. If you left your company today, who would care? Would your co-workers and boss miss you dearly? The answers to these questions will provide a clue as to your perceived value. Alternatively, for the business owner, if you shut down the company today, who would care? Would your customers? Would your team?

Related:6 Secrets to Surviving on Little or No Sleep

Some refer to the everyday worker as a worker bee -- or even a drone. It's easy to get caught up in the daily repetitive nature of the work cycle, to lose sight of the fact that our career spans are limited. Time is perhaps the most precious commodity in your life; make sure to use it wisely.

Wavy Line
Marty Fukuda

Chief Operating Officer of N2 Publishing

Chicago native Marty Fukuda is the chief operating officer ofN2 Publishing, overseeing operations at its corporate headquarters in Wilmington, N.C. He first joined the company as an area director in 2008 after working in the direct sales and print industries.

Editor's Pick

Related Topics

Business News

Report: AI Will Take More Jobs Away from Women Than Men

Automation is many things, but apparently, it is not gender-neutral.

Business News

What Is a 'Lazy Girl Job'? New TikTok Trend Empowers Women to Work However They Want

The trend began as a way for women to find more free time during their days.

Starting a Business

10 Common Obstacles to Avoid When Starting a Business

Starting a new business can be an exciting and rewarding venture, but it also comes with its fair share of challenges. Here are some common obstacles to avoid when starting a new business.

Growing a Business

3 Solutions That Help Alleviate Everyday Pressures Small Business Owners Face

We live in a world with increasing pressures from stakeholders, constantly changing customer expectations and volatile financial conditions — which for many, especially business owners — can make it hard to create clear distinctions between professional and personal emotions.

Starting a Business

So You Sold Your First Business and Now You're Starting a New One — Here's How to Make Sure It's a Success.

Starting a second company after selling your first can be daunting, but it's also an exciting opportunity to prove yourself and create something amazing.