Back in 2007, a friend of mine from Microsoft recommended me to read the book “The 4-Hour Workweek” by Timothy Ferriss. He mentions that he was trying to figure out how to build some software so that he could just work 4-hours a week, the software makes money for him and then he could go enjoy life a little more. I guess because he was working 70 hour weeks at Microsoft and getting paid only for 40.
I purchased the book and the audio format right away and listen right away and enjoyed every minute of it. When I got done, I tried to apply it to my business, but it was nearly impossible because I had a consulting services business, Extended Results, which is human capital heavy business. I felt like I bought into another infomercial and I bought the product. But this idea stuck into the back of my head for 10 years like all good ideas do because they need to be solved and applied.
In modeling and building my current company Atlas Insights, I really wanted to apply this concept to it. But again, it is nearly impossible because when you are building and enjoying a company, you just don’t want to work 4-hours. BUT, I have discovered that it should actually be called the “4-Hour Workday” instead! With the whole Software-as-a-Service model, you can actually model a business that customers find, subscribe and use themselves. Using all the different social networking platforms, you can model a marketing program that also runs on cruise-control. Customer contact can easily be managed through software like LiveChat and development can utilize both onshore and offshore to maximize programming expertise.
In my company, I’m basically doing all roles from designer to developer to marketer. Now that the software has been fully released for Apple iOS and OSX, Google Android and Microsoft Windows, I’ve moved more to Marketing and Customer Relationship in my 4-hour workday. I spend my time working with my customers onboarding and answering questions which always seems to happen at a certain time of day Monday through Thursday. Friday’s are basically off days because I have found that not many customer decisions or questions are made on Friday’s. I think most people in technology sector are checked-out after lunch.
“The 4-Hour Workday”
Achieve a better work-life balance with a method that is actually achievable
I challenge you to re-think how you are actually working. In your 8-hour day, are you actually spending time doing something productive compared to not-productive? I think we all know the actually answer to this. Because of all the social distractions we have today, if you actually focused, I bet you could finish your day in the first 4-hours and then spend the rest doing something you enjoy or being better at your job.
Let me know your thoughts.
We made the Inc. 500|5000 list again this year with a ranking of #754! Always an honor to make the list. We had 416% growth over the past 3 years which continues to amaze me, but I’m very proud of all the hard work of the employees at Extended Results. With the combination of our consulting services and products for business intelligence, they have really propelled us over the past year into many wins.
These solutions and services have positioned us as a leader in the Mobile Business Intelligence space with WorkPlace for Mobile. And with the coming launch of WorkPlace for Outlook, Microsoft Office becomes even more productive for the millions in the workforce that use Microsoft Outlook to manage their day.
We also want to thank our friends and partners at Microsoft, Cisco and Motorola, we only see an even brighter future at Extended Results because of these relationships.
Web Site: http://www.extendedresults.com
I was interviewed by Steve Straub of Get America Growing the other week in regards to our #525 spot on the Inc. Magazine Fastest Growing Companies in America. I was asked a lot of questions in regards how our company managed to grow over 525% in a down economy and what I would recommend to other businesses to get their companies growing again. Steve truly believes that small and medium size business are the key to returning to a vibrant the economy. I completely agree with Steve.
View Article and List to Podcast: http://getamericagrowing.com/entrepreneur/success-secrets-of-the-inc-5000-ceo%e2%80%99s-patrick-husting-of-extended-results
Podcast: Podcast Link here
They have an interesting bubble chart to show how companies compare on the list in regards to growth and to revenue. I had to scroll and hover for a little while to find Extended Results on the list, but we are there!
You can drill down to the details of every company on the list. When you drill down to our company, you can see our Trophy Case on where we rank in IT Services and in Seattle. We are in the TOP 50 for IT Services and TOP 15 for the Seattle area. That is just awesome!
BTW, I founded the company in 2006. I guess they have a little data entry error.
I’m very excited to announce that we made the Inc. Magazine Top 500|5000 for the fastest growing companies of 2010 at position 525! We were ranked the 15th fastest growing company in the Seattle area too! I started Extended Results in January 2006 and the last 3 years of sales of products and services has lead to a whopping 578% growth. We have grown to over 55 employees and provide consulting services in the United States and distribution of our product through 72 partners worldwide. It has been a wonderful time building Extended Results with all the great employees that we have that are celebrating the success of joining the elite companies in Inc. magazine for 2010.
Source to our Press Release
Extended Results, Inc.