You only THINK you work HARD — The Hard Work Illusion

In this episode of the Startup Therapy podcast, hosts Ryan Rutan and Wil Schroter talk about the common misconception around 'working hard' within startups. They question the measurement of hard work, arguing that effort does not necessarily equate to progress or beneficial outcomes. The need for clear benchmarks within organizations to truly reward and recognize valuable contributions.  Additionally, they challenge the notion of what constitutes as 'hard work' and the danger of equating all effort with success, proposing a more nuanced understanding that could lead to more effective and rewarding startup cultures. Sign up for the Startups Newsletter

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Wil Schroter

https://www.linkedin.com/in/wilschroter/

Ryan Rutan

https://www.linkedin.com/in/ryan-rutan/ What to Listen For

00:17 The Misconception of Hard Work in Startup Culture

02:49 Real Value of Hard Work in Startups

04:29 The Effort vs. Progress Dilemma 

06:40 Effort, Progress, and Reward

10:22  Learning from Effort and Reward

15:46 The Misconception of Effort vs. Outcome

17:36 Setting Expectations Across Management Levels

19:30 The Importance of Measurable Outcomes

28:31 Setting the Right Expectations and Rewards