GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
you might read more about oureditorial guidelinesand our products and servicesreview methodology.
It used to be Monday through Friday, nine in the morning until five in the evening.
Times are changing, however, and so is the amount of time you need towork.
It required careful planning and a shift in mindset.
Initially, I faced challenges in delegating tasks and trusting my team with greater responsibilities.
Looking to do the same?
This involves rigorous time management and the ability to delegate lower-priority tasks, Shak shared.
This allows us to accomplish more in less time and frees up hours for strategic work, Shak reported.
Tools like project management software, CRM systems, and AI-driven analytics also help streamline operations.
This way, we can pay attention to important things.
It feels like having a special power that removes all the mess!
This strategy can be applied in various sectors where certain functions can be efficiently outsourced.
Flexible Work Arrangements
Promoting a culture of flexibility is essential, according to Shak.
Shaks company embraces flexible work hours andremote workingoptions, allowing employees to work when they are most productive.
This not only improves work-life balance but also increases overall efficiency.
Such flexibility can be adapted in many industries to support a shorter workweek, Shak remarked.
You prioritize, you focus, and you execute.
Its all about working smarter, not longer.
Developingpassive income streamscan provide financial security while working fewer hours, said Stevens.
Passive income reduces the reliance on active work hours for financial stability.
Encouraging employees to adopt similar financial practices can help them thrive on a reduced workweek, Shak said.
This shift not only improved productivity but also allowed team members to achieve abetter work-life balance, Stevens described.
Shak believes that a 20-hour workweek is achievable and can lead tofinancial and personal well-beingif done strategically.
The impact of having ashorter work weekcould create a worldwide shift in how the global economy functions.
Not every industry can cut hours overnight.
Work in places likehospitals or schoolsneeds another way of doing things.
But these are challenges to solve, not stop signs.
More From GOBankingRates
Share This Article:
