I mentioned a 3-day work week casually in a recent email, and I just came across a recent study that specifically refers to a 25-hour week (close to a 3 day work week).
The Melbourne Institute Working Paper did a study on how the number of working hours impacted Australians 40 and over.
Here is a quote from their paper, “Our findings show that there is a non-linearity in the effect of working hours on cognitive functioning. For working hours up to around 25 hours a week, an increase in working hours has a positive impact on cognitive functioning. However, when working hours exceed 25 hours per week, an increase in working hours has a negative impact on cognition.”
There was little difference between men and women in the study.
The most important discovery from this research was the importance of staying active in ‘retirement.’
People experienced a decline in their cognitive abilities when they retired from work completely.
This was reversed by working up to 25 hours a week, basically part-time, or an average of 3 days a week.
The benefits reversed as the hours increased. On the other end of the spectrum, working over 60 hours a week was even worse for cognitive abilities than not working at all.
Another victory for the Internet Lifestyle.
Many of my customers and clients are starting out in their 40’s and 50’s (and up) who are creating a 2nd income and career.
They see a future where they want to cut back from work and spend more time doing things they enjoy.
Doing nothing isn’t all that appealing…and by this study it’s not healthy either.
And our current corporate culture of being always on can be even more devastating to someone’s mind and health.
The Internet gives you the opportunity to set your own hours and build something you control, instead of building someone else’s dreams.
This also points to another subject I regularly share about in the 80/20 rule.
I’ve seen many entrepreneurs who slide into those mind-numbing hours, because they’re trying to do everything.
The best results almost always come from focusing on the highest value activities.
You simply can’t finish all your Should-Do’s. It’s not humanly possible.
Eliminate. Automate. Delegate.
Eliminate everything that isn’t required to run your online business. Throw out that baggage that’s holding you back from focusing on what brings in the money.
Automate activities. Use templates. Record training for your team. Use software that does the work for you.
Delegate the lower value activities or activities that aren’t in your skillset.
Often the less you do, the more you can make.
Become a specialist at a high value activity.
Eliminate, automate, or delegate the rest.
And if you need help deciding on the right activities for you, check out the Monthly Mentor Club.
Each month you’ll get tips, advice, and specific steps on how to focus on bringing in the money in your online business.