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Debunking the Work/Life Balance Myth with Scott Galloway | National Crowdfunding & Fintech Association of Canada

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Debunking the Work/Life Balance Myth with Scott Galloway

Raconteur | Sam Forsdick | May 26, 2023

Scott Galloway - Debunking the Work/Life Balance Myth with Scott Galloway

For Galloway, the solution is clear: young people, particularly young men, should embrace returning to the office. His justification? The need for in-person mentorship and a robust learning environment that is often absent in remote working situations.

  • Galloway posits that the office provides an invaluable context for honing skills that are critical for success, including planning, decision-making, and self-control. Without the benefit of direct, interpersonal guidance, Galloway cautions that a generation of employees may be left lacking the vital skills necessary for career advancement.
  • Galloway isn’t shy about stating the consequences of working from home. “The amount of time you spend at home is inversely correlated to your success, professionally and romantically,” he claims. The implication is that personal and professional growth is largely contingent on stepping outside the confines of one’s home.
  • When it comes to the debate around work/life balance, Galloway dismisses it as a “myth”. He suggests that those aspiring to achieve economic prosperity need to be prepared for a work-centric lifestyle. Drawing on his personal experience, he emphasizes the necessity of committing to years of consistent hard work for attaining financial success. “You can have it all, you just can’t have it all at once,” he insists.

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  • Despite his advocacy for hard work, Galloway is critical of the modern hustle culture, which he sees as a flawed approach to professional development.
    • For him, the most efficient way to utilize additional effort is not by juggling multiple projects, but by fully committing to a single ‘main hustle’. He believes in the idea of concentrating energy in one area, to truly excel, rather than spreading oneself thin across multiple ventures.
  • In sum, Galloway’s message can be distilled to this: success requires total commitment, and that commitment is most efficiently actualized within an office environment that provides mentoring, social interaction, and opportunities for personal growth. He invites young people to reject the false promise of work/life balance and to reframe their perception of what it means to truly dedicate oneself to a career.

“To be successful now it takes 110% effort,” he added. “It’s not enough to be good, you have to be great.”

Continue to the full article –> here


NCFA Jan 2018 resize - Debunking the Work/Life Balance Myth with Scott GallowayThe National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada’s Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

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