How to Multitask as an Entrepreneur

0:00

So, I'm in the same boat.

0:00

Uh, the question is directed towards you, but I'll give you my answer really quick, which is Sean, how do you balance side hustles while performing at Twitch?

0:06

My answer to that, and I've said it before, is um I don't b I don't do anything on the side.

0:13

Um, and frankly, I have no idea how you do it.

0:15

Our good friend Raone is able to do it really well.

0:16

I get some people can do it.

0:18

I personally can't do it and I don't even try and uh I'm not ashamed about that. Yeah. Yeah.

0:25

There's different ways to like kind of organize your time.

0:28

Like you see this from Elon Musk or Jack Dorsey running two multi-billion dollar public companies at once as CEO, right?

0:36

Like kind of a crazy thing that kind of seemed impossible before.

0:37

And I would say I do it in two ways.

0:40

One is I throw more hours at it.

0:43

So like I don't take weekends off.

0:46

Like I work seven days a week.

0:48

I don't work all day all seven days a week, but I my weekend is just like my weekday.

0:53

There's they're the same construction.

0:54

So all of a sudden I got an extra 16 hours on the weekend where I can do things. Same thing at night.

1:00

Like I don't watch a bunch of like TV.

1:02

I stopped watching like you know NBA games stuff like that.

1:04

Like I I basically was like look I could cut that out and that's two hours a night that instead I can create content right or like when I do the podcast everybody else at the back when we started this everybody would go down to the cafeteria at Twitch for lunch.

1:16

I would walk across the street.

1:18

The studio was right your office was literally like 50 steps away from from Twitch.

1:21

I would walk 50 steps away.

1:24

go to the hustle office and we would record from 12:00 to 1.

1:26

Everybody else is eating lunch. I'm recording a podcast. Cool.

1:29

I'll eat lunch on my desk like later. Doesn't matter, right?

1:30

So, there's these little pockets of time you can unlock. That's the first bit. Second bit is hiring. I bring on people.

1:36

So, when I say I'm doing X, it's rarely just me doing X.

1:41

It's like Ben or Zack or Roine or Chris or I have a whole bunch of people that I say, "Hey, I'm doing this interesting project.

1:47

Who wants to do it with me?"

1:48

And they're like, I find great people who want to do interesting things together. And I say, "Cool. What's in it for you? Do you want money? Do you want learning?

1:55

Do you want like rep, you know, want to build your network?

1:57

What do you want out of this?

1:58

I'll make sure you get it.

1:58

And they let me, like I said, be in two places at once cuz I could be doing this and they could be doing that.

2:05

What's your burn on all the like?

2:07

Because whenever I hear you say you got all these people, I'm like, damn.

2:09

Yeah, that's must be a lot monthly. Yeah.

2:13

My burn is is expensive, but the things now bring in money, so it's it's okay. It offsets it.

2:17

But like uh but the angel investing doesn't bring in money, and that sounds angel investing, I don't pay salaries.

2:23

It's only carry, so it's splitting the upside.

2:24

So, they have they they get they I took some of my my 20% carry and I took it down and let them have more carry.

2:31

So, um which, you know, for them is fine because they make money doing other things.

2:35

So, they're like, "Cool, this will pay off in 5 years, that's great.

2:37

And I get to like learn a bunch about investing.

2:39

I get to put together a portfolio.

2:41

So, if I want to go get a job doing this or I want to start my own fund, I'll have a track record to point at and say, "No, I I did these investments before.

2:48

I've been doing this for years."

2:49

So, that's kind of like what's in it for them.

2:50

Um, so I do have a, you know, significant burn.

2:53

I would say it's like $200 to $300,000 a year of like people cost to do these things.

2:58

My goal is for them to break even.

3:01

Um, but if not, like that's what money is for.

3:05

Money is to be invested in things that will grow.

3:07

And so I kind of like just look at it like an investment.

3:09

And uh, it's worked out so far where where the side hustles more than pay for the money I put in.

3:15

Um, now the last thing is basically an acknowledgement.

3:18

And I talked I was pretty transparent with the people at Twitch which was like look I operate not on a 9 to5 like strict schedule like cool I'm just going to punch the clock for 40 hours a week. No, no, no.

3:30

Uh I'm here to do this mission. You want this job done. Great.

3:34

I'm going to get that job done. Here's the trade.

3:39

I I can make sure this job gets done.

3:40

You don't ask me how and when and where and why and you know like all the uh like not in such a like confrontational way, but like it's an understood agreement.

3:48

Like they know what I do.

3:49

I'm I'm very open about like, hey, I have a podcast. I have a newsletter.

3:53

Like the CEO of Twitch subscribes to the newsletter and like will DM me about it like sometimes, right?

3:58

Like I'm not hiding any of these things.

3:59

They know I do these things.

4:00

They know they take some time, but they're okay with that trade because I deliver the goods in my projects.

4:04

And so, uh, my trainer told me this one day cuz I told him, I said, "I'm feeling a little bit guilty like, you know, I wonder I really like these people.

4:11

I don't want them to feel like I'm shortch changing them."

4:14

He goes, "Well, do you deliver the goods?" I was like, "Well, yeah.

4:17

like I I perform like they get the results they want.

4:19

Okay, well you're that dude.

4:21

I was like what do you mean?

4:22

He's like he's like they don't pay you to sit in your chair for certain hours.

4:25

They pay you to deliver the results and so just make sure you deliver the results.

4:30

And if you're delivering the results in less time, that's cuz you're that dude.

4:33

Maybe not everybody could do that, but you could do that.

4:34

And I was like, "Oh man, what a pep talk.

4:36

That was uh you know, made me feel good about something that I was feeling, you know, uncertain about or uneasy about before."

4:42

And you're on paternity leave now, right? Yeah. So that helps too. Yeah. Exactly.

4:47

And and that's, you know, like big companies understand like look, you if you have a kid, my my first kid, I only took 10 days off, which I really regret.

4:55

I should have uh I should have took the whole leave.

4:57

And so this time I decided I'm make I'm going to make sure I take time off.

4:59

And this time, my family actually really needs me there.

5:03

Whereas the first time I was like, I don't know what the hell I'm going to do here.

5:05

Uh my wife kind of got it under control. Let me go back to work.

5:08

And so this time I kind of realized that the idea of like oh this project is so important and like if I take this time off then you know blah blah blah let me do it I'll take time off later and later never came and that was a big lesson for me like don't don't put important things off till later do them now [music] rule what I want to I put my all in it like no days off on the road let's Travel, never looking back. Oh yeah. Feeling like gold.

5:40

I don't want [music] my hiding. Uhhuh.

5:44

Ain't nobody telling me no.

5:47

I'm catching feels wherever I go.

5:54

I can rule [music] the world.