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Tag: Leaving the 9-5

  • How AI is Helping Society Break Free From The 9-to-5 Mold | Entrepreneur

    How AI is Helping Society Break Free From The 9-to-5 Mold | Entrepreneur

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    Opinions expressed by Entrepreneur contributors are their own.

    As someone who is a huge tech enthusiast, I have been privileged to witness the continuous evolution of technology throughout my career. From groundbreaking innovations like the iPhone to cutting-edge advancements like 5G, the pace at which our world changes never ceases to amaze me. However, amidst this ever-changing landscape, one particular technology has captured my attention and sparked my curiosity: generative artificial intelligence (AI).

    Generative AI, at its core, is a remarkable fusion of human ingenuity and machine learning. Its capacity to go beyond our preconceived limits and generate, imagine and produce is truly awe-inspiring. As someone who has always been captivated by the transformative potential of AI in various industries, encountering generative AI took my fascination to an entirely new level.

    When I first witnessed the capabilities of generative AI, I was left in awe. It’s almost as if the AI possesses its own inherent creative instincts, blurring the boundaries between the realms of human imagination and machine intelligence. While the notion of machines creating art, music, or writing that can rival human creativity might appear daunting to some, with fears of the automation apocalypse rampant, I think otherwise.

    In the 2023 edition of its annual Future of Jobs Report, the World Economic Forum reports that out of the 803 businesses that it surveyed from around the world, 25% believe that the integration of AI tech will lead to job losses, while 50% believe that it will create job growth. AI can only replace humans if you think it will and stop progressing and upskilling alongside it.

    The potential for AI to push the boundaries of what we thought was possible is truly inspiring, and that can be illustrated in the way that it can reimagine the 9-to-5 workday.

    Related: Why Are So Many Companies Afraid of Generative AI?

    Reimagining the 9-to-5 workday

    The traditional 9-to-5 work schedule has long been the standard in the corporate world, but with the rapid advancements in artificial intelligence (AI), the concept of “clocking in” and “clocking out” is undergoing a profound transformation. AI technologies are revolutionizing work, allowing flexibility, personalized schedules and reimagining the traditional workday.

    Every position within every organization holds the potential for reinvention. Accenture conducted a manual assessment of 200 language-related tasks to gauge the impact of generative AI. The aim was to identify which tasks were more likely to be automated or augmented through AI. The results showed that generative AI is projected to influence approximately 40% of individuals’ working hours.

    In this article, we will explore how AI is reshaping the 9-to-5 paradigm and empowering individuals to “flex out” of rigid work schedules

    Related: How ChatGPT and Generative AI Can Transform the Way You Run Your Business

    Embracing flexibility

    Within any given role, generative AI will help automate certain tasks while others will be assisted, freeing up individuals to focus on more meaningful endeavors. Rather than being bound by inflexible schedules, workers now have the chance to embrace flexible work setups that cater to their personal preferences and productivity patterns. Companies can optimize workflows, automate repetitive tasks and streamline processes, increasing employee flexibility.

    Additionally, there will be tasks that remain unaffected by the technology. The advent of generative AI will also usher in many new responsibilities for human workers, such as ensuring the responsible and accurate utilization of new AI-powered systems. This contributes to creating new job roles like AI system managers, AI ethics experts and prompt engineers.

    The rise of remote work

    AI has also played a crucial role in facilitating the surge of remote work, granting individuals the freedom to work from any corner of the globe. The advancements in communication and collaboration technologies, combined with AI-driven virtual meeting platforms, have simplified the process of remote collaboration for professionals.

    The flexibility offered by AI-powered remote work helps eliminate the need for lengthy commutes, reduces overhead costs for companies, and expands opportunities for individuals in remote locations. Moreover, AI-enabled remote work allows organizations to tap into a global talent pool, accessing a diverse range of skill sets and perspectives that can fuel innovation and foster growth.

    Related: How The AI Revolution Is Liberating Workers from the Office

    Redefining work-life balance

    The conventional 9-to-5 work model frequently falls short when it comes to striking a healthy work-life balance. AI is helping reshape this paradigm, granting individuals the liberty to manage their time in a manner that aligns with their personal obligations and outside responsibilities. Nobel Prize-winning economist Christopher Pissarides believes that AI can enable humans to work just four days a week.

    With the aid of AI, flexible work schedules empower individuals to allocate dedicated time to personal endeavors like quality family moments, pursuing hobbies, or prioritizing self-care activities. By nurturing a more harmonious work-life balance, AI isn’t just bolstering employee satisfaction and well-being but also improving productivity and overall job performance.

    A flexible and personalized approach to the 9-to-5 workday

    With the continuous advancement of AI, the inflexible 9-to-5 work model is gradually being replaced by a more adaptable and personalized approach. Professionals now have the chance to break free from the confines of the traditional workday structure.

    Embracing this transformation facilitated by AI can result in heightened productivity, increased job satisfaction, and a more balanced and fulfilling work-life equilibrium. As we progress, it becomes crucial for individuals and organizations to harness the potential of AI to reshape work hours and unlock the full capabilities of the modern workforce.

    Related: It’s Time to Prepare for the Algorithmic Workforce

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    Asim Rais Siddiqui

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  • Want to Quit Your Job and Start Your Own Business? Here’s How. | Entrepreneur

    Want to Quit Your Job and Start Your Own Business? Here’s How. | Entrepreneur

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    In the throes of pandemic life, I told my husband I wanted to launch an online media training course. The next day, ads from Amy Porterfield started popping up on Instagram. That’s how I landed in Porterfield’s powerful orbit — joining millions of followers who turn to her for her business advice and products. Countless courses, newsletter emails, podcast episodes, and Clubhouse sessions later, I had a binder full of her workbooks, worksheets and downloads and launched my course a year later.

    Porterfield has been transforming the lives of entrepreneurs and business owners for more than a decade. For the past 14 years, the online marketing expert has been providing valuable insights, strategies and guidance through her engaging and informative content. Now, she’s taking her expertise to the next level with the release of her highly anticipated book, Two Weeks Notice: Find the Courage to Quit your Job, Make More Money, Work Where You Want and Change the World.

    In each chapter, Porterfield empowers readers with practical tools and actionable steps to help them create a business from scratch. Yes, that might involve creating an online course down the line but for now, Porterfield is focused on helping people who dream of leaving their jobs, walk out the corporate door and into financial freedom. She joined me from her Nashville home to talk about her eight-figure business, how you can go from employee to entrepreneur and what she does for fun. Click on the video above to watch the full interview.

    Jessica Abo: Amy, you quit your own nine-to-five job more than 10 years ago and went on to create an $85 million business. Take us back to when you were getting ready to give your notice.

    At my very last nine-to-five job, I worked with peak performance coach Tony Robbins. One day, he did a focus group and brought in a bunch of online business owners. I was the director of content, but I was brought in that day to take notes. So here I was sitting at a side table listening to all these guys around a big oak table talk about the businesses they built. They were talking about working when they wanted, where they wanted, how they wanted. They were talking about living a life on their terms. They were talking about making a lot of money and a lot of impact. In that moment, I thought, “I don’t even know who these guys are or what they’re doing, but I want a piece of it.”

    It was the first time in my life that I realized I’d never been free. I didn’t call the shots. I wasn’t my own boss. I wasn’t working when I wanted, where I wanted or how I wanted. So in that moment, I thought, “I want a piece of this, and I’m going to figure it out.”

    How long did it take from the time you sat in on that meeting until you actually gave your notice?

    It took me about a year from that moment to the day I drove out of those San Diego offices in my little white car with all the boxes packed in the back, and I drove off to start my own business.

    But in that year, I created a runway, like how am I going to quit this job with dignity and integrity, but also get ready to start my own business and figure that all out?

    What did that runway look like? What are some of the steps that people need to take to build their own runway?

    There are very specific things I did and I outlined them in my book Two Weeks Notice. The first thing is I had to get clear on my why. Because if you have a strong reason for leaving behind your job and starting your own business, your why will pick you up when your worries knock you down.

    My why was that I didn’t want a boss. I wanted freedom. I wanted to bust through that glass ceiling. I wanted to call the shots. Once I got clear on my why, then I had to choose my exit date. I wrote my exit date on a Post-it note and looked at it every single day and I asked myself, “What do I need to do today to move me closer to that date? Do I need to pick up a book? Do I need to listen to a certain podcast? Do I need to ask for advice? Do I need to get support?” Every day, I was working toward that date and starting to build my ideas for the business I wanted to create. That exit date is everything because you will not quit if you don’t have a plan.

    The next thing I did is I got really clear on my finances. I had to look at my finances and say, “How much do I really need to make each month to make ends meet?”

    Then I started a side hustle. This way I could bring in a little extra money, working on it mornings, nights and weekends. I started a side hustle to gain a little courage and bring in a little extra money in the meantime. My side hustle was really important because it was a starter idea that gave me momentum.

    Finally, I told three people: my husband, my mom and my best friend. In my book, I encourage you to only tell three people. Most people will not understand your dream of quitting a job and starting your own business. Most people, including your coworkers, will tell you all the reasons why you shouldn’t do it. Be careful who you tell.

    What roadblocks did you hit in the beginning?

    I really struggled with imposter syndrome. From the day I left my job to go out on my own, the thought was, “Who am I to be doing this? I am not smart enough.” I couldn’t even use the word entrepreneur. That was too fancy and too big for someone who had always had a nine-to-five job.

    But each time it came up for me, I kept going back to my why. Why do I want this? I want freedom. I want to call the shots. I want to build something amazing. I want to make a lot more money. So on the days that my worries and doubts knocked me down, my why would pick me back up.

    Let’s talk about the person who is unhappy in their job. How do they have the courage to give notice and how do they identify when it’s time to leave?

    This really is turning inward and asking yourself, “What do I want?” When you look around your job, and you think, “Okay, I’m underpaid and undervalued,” or sometimes people say, “I just feel ignored here. People aren’t even taking my ideas seriously,” or if you just look around and you think, “I don’t want my boss’s job. I have a desire to do bigger things in my life” you have to listen to those thoughts. The question you want to ask yourself is, “Okay, if I’m not happy here, if I want something bigger, what am I waiting for?”

    So it’s going to take courage, but also know that there are steps you can take. Two Weeks Notice is your guide to start getting a plan together.

    What are the steps that people need to take so that they know they’re building a strong foundation for the next chapter?

    We’re going to start out scrappy. We’re not going to have all the answers. You’re just going to go forward with your starter idea. So whatever that might be, here are a few things you want to think about.

    In Two Weeks Notice, I’m going to teach you how to put together an offer based on your starter idea, show you how much to charge, and how many customers you need in order to hit your goals. We’re going to break down the tools you need such as your website. There are so many resources today that you can get a website up in one or two days. I give a lot of resources in the book, especially if you’re on a budget.

    Of course, you’re going to use social media to start building up that business and I’ll show you how to do it on your terms.

    We’re also going to talk about growing an email list, your messaging, how to show up on video with confidence and how to really put yourself out there to find your ideal customer.

    Amy, give us an overview of your company today. You have 20 employees and a list of products.

    14 years in, my business looks very different from the days that I was doing social media for small businesses. That’s the point. Your business will evolve.

    But today, I have built a team that I’m so very proud of and here’s the funny thing. I teach people how to quit their jobs and start their own business. One question I get asked a lot is, “How do you keep employees if that’s what you teach people how to do?” I’ve built a business where it doesn’t feel like corporate, and that’s so important to me. Any of you that are watching right now that want to build a business, I’m sure you don’t want your business to feel like your nine-to-five job.

    So we do a four-day workweek, which is so incredibly powerful. We work Monday through Thursday, eight hours a day. We take Friday, Saturday and Sunday off. I want people to have balance in their life, and I want them to enjoy their time outside of work, so I make it a point to set up a business that way. They also have unlimited time off. I have perks in my business to make it feel very different than a nine-to-five job.

    Also, we do amazing projects, and we build really cool things, but we also make sure that we have fun in the business. We do in-person retreats since we work virtually, just to make sure we get time in each other’s proximity. The culture on my team is just as important as the students that I serve.

    What do you think young Amy Porterfield would be saying or be thinking about everything that you’ve created?

    She would say, “No way this is our life!” Never in my wildest dreams did I think I would have a business this successful or get to have a team that is amazing as they are, or get to work with the people that I get to work with. My life is beyond my wildest dreams, and that is why I do what I do.

    I know I am not special. I want to help other people leave their nine-to-five job, start their own business, and one day tell me, “Amy, my life is beyond my wildest dreams.” There’s a whole other world waiting for you beyond the nine-to-five, and I want to help more people realize this.

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    Jessica Abo

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