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Do Business Owners Really Work That Much Harder?
One of the most commonly cited negatives of small business ownership is the endless work day. “You’ll work harder than you ever have in your life,” is a typical warning given by the veteran entrepreneur counseling the wannabe business owner. But do entrepreneurs really work all that much harder than employees? The Debunker took a look at the available facts.
Let’s start with the entrepreneurial workweek. Small business owners punch in about 47.6 hours a week, according to a survey of more than 1,200 North American business owners commissioned by TB Bank and performed by Environics Research during May and June 2010.