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DarrenDaily On-Demand

Hustle Porn. Don't Believe the Hype.

DarrenDaily On-Demand

Darren Hardy LLC

Careers, Entrepreneurship, Business

4.91.8K Ratings

🗓️ 6 March 2024

⏱️ 5 minutes

🧾️ Download transcript

Summary

Ever felt trapped in the hustle culture, thinking more hours equals more success? Darren Hardy takes a critical look at the hustle culture prevalent in today's business world. With a focus on the stories of Marissa Mayer and Richard Fuld, Darren illustrates how a relentless work ethic without clear direction or strategic efficiency can lead to notable failures rather than success.


Get more personal mentoring from Darren each day. Go to DarrenDaily at http://darrendaily.com/join to learn more.

Transcript

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0:00.0

Welcome to Darren Daily on demand, your most trusted resource to help you become better every day.

0:07.0

Here's your success mentor Darren Hardy.

0:10.0

How often do you hear the instagurus pimping their hustle porn on social media with silly little

0:18.4

cliches like, Sleep is for the Week, or Work Now, Live Later, or you can rest when you're rich or success only

0:26.3

comes before work in the dictionary or your dream job doesn't have an off switch I think

0:32.4

I just puked up a little bit in my throat. Let's make this

0:35.0

clear. Not only are these Maxim's silly trite and absurd, they are dangerously

0:40.6

misguided. Consider Marissa Mayer, who arrived with a lot of fanfare as Yahoo's new CEO in 2012.

0:48.0

Marissa came from Google where she was a rising star and had developed a reputation as a workaholic. Most famously,

0:55.2

Marissa lauded her habit of a hundred-plus-hour work weeks as a point of pride.

1:00.3

She was even quoted as saying that she had once put in a 130 hour a week.

1:04.5

That's 18 hours a day, 7 days a week, leading six hours for sleeping, eating, and

1:08.4

personal maintenance and living. What is most remarkable is, Marissa's hard-driving approach didn't do her any good at the helm of Yahoo.

1:17.0

Her five-year tenure as CEO was marked by failures on most every front.

1:22.0

She oversaw the spending of 2 billion on 53 acquisitions,

1:25.2

most of which turned out to be worthless. 33% of employees left the company within a

1:30.8

one year span, and the morale among those that were left behind was bleak.

1:36.0

65% didn't believe things would improve, and those 65% would be proven correct.

1:41.6

Only five years later under significant pressure

1:43.8

Marissa was forced to step down. She was also forced to forfeit the last two years

1:48.8

of her bonus. She left behind a struggling company that has still yet to recover. She hasn't held a

1:55.8

major leadership role since. Let's take another example. Richard Fueled was the

...

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