The Startup Chat with Steli and Hiten on Smash Notes

The Startup Chat with Steli and Hiten podcast.

Unfiltered insights and actionable advice straight from the trenches of startup and business life. The show hosts, Steli Efti and Hiten Shah, are both serial entrepreneurs who have founded multi-million dollar SaaS startups. Being busy CEOs of fast-growing companies, they know the value of your time and make sure you get the most out of each 22 minute episode. Tune in for new episodes every Tuesday and Friday.



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Today on The Startup Chat, Steli and Hiten talk about if it’s necessary to sacrifice your life and your health in the early days of building your startup.


In the startup world, creating a healthy balance between work and play is absolutely essential when it comes to leading a happy and productive lifestyle. But achieving this is not always easy – especially if you’re at the early stages of your startup.


In this week’s episode, Steli and Hiten share their thoughts on the importance of having a healthy work-life balance, why you should do whatever you can to make your business successful, the importance of knowing when to take a step back from hustling and much more.

Time Stamped Show Notes:

00:32 About today’s topic


00:40 Why this topic was chosen.


03:01 Hiten’s thoughts on this topic.


05:14 Why you should do whatever you can to make your business successful.


06:40 Why it should be called work-life harmony


07:43 The importance of knowing when to take a step back from hustling


09:17 Why there’s no such thing as the right way to be successful.


12:16 Steli’s take on the idea of hustle porn.


14:44 Hiten’s take on the idea of hustle porn


3 Key Points:


There are so many founders out there that can’t handle the stress of being a founder.

You should do whatever you can to make your business successful.

If you’re emotionally and spiritually burned out, maybe this isn’t for you.


 


[0:00:01]


Steli Efti: Hi everybody this is Steli Efti.


[0:00:03]


Hiten Shah: And this is Hiten Shah.


[0:00:04]


Steli Efti: And today on the StartUp Chat I want to talk about, do you really have to sacrifice your life and health in the early days as a founder or is that bullshit. So, here's the reason why I want to talk to you about this, I think throughout the episodes we've always aired on the side of working smarter not harder, people don't have to sacrifice their health, and their family, and their emotions to be successful as entrepreneurs. We're always attacking this myth that you have to burn yourself out to succeed. But then recently, I saw a discussion online that I thought, this is actually interesting and probably thought provoking and an interesting topic for us to digest where one specific founder, I'm not going to call him out by name, that has done a successful company and is now in a later stage in his life with wife, and kids and an investor and is advocating a lot doing a lot of press around this hustle culture is toxic, and working too many hours is toxic, and not working out, and not eating healthy is toxic, and entrepreneurs really need to have good work life balance. And so working too much and focusing only on work isn't the right way. And I thought at first glance when I was just seeing the headlines of these podcast interviews and articles, I was like, sure. And then I started seeing a really strong counter reaction, and I started reading those comments and tweets and basically, I'll summarize it, basically a bunch of founders, younger founders, but also some older ones are calling bullshit on this. And were basically saying, "Yeah, motherfucker when you started, your first startup, I mean you were nobody, and you had no resources, you had no success, you want to tell us that you were doing eight hours a day off, six hours a day, and weekends off, and going to the gym every day, and eating super healthy, and having friends, and traveling, and taking vacations? No you didn't. You were working all day seven days a week hustling your ass off to make that first company succeed and now that you have the momentum of success, and recognition, and money, and fame in your much later stage in your life and a different stage in your life, now you're all about eating healthy, and working out, and spending time with your kids, but young or early founders they can't afford that work life ...

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