5 Types of Hard Work | Startup | Sarthak Ahuja

There are 5 Types of Hard Work... and it helps to know that No. 4 & 5 work better in business than No. 1 & 2...
👉🏼 The First kind is “Labour” based. You put in more effort, more intensity, more hours, and more inputs to gain an output compared to others.
👉🏼 The Second kind is “Efficiency” based. With the same inputs as of the first... You stay more focused for longer, remove distractions, and find smarter ways to either get the same output with the same inputs, or reduce inputs to get the same output.
This is what the Industrial Revolution taught us, and most family businesses teach their next generation. It stems from the thought process of factories and delegation to cheap labour.
👉🏼 The Third kind is “Consistency” based. You do simple things for so long that it outlasts everyone else. It creates an unmatched compounding in your skills, your brand, your reputation and your heritage. You’ve increased the Duration.
This is my favourite and the most timeless, which should be used with all forms of hard work from 1 to 5. This is how brands are built, and compounding kicks into business results.
👉🏼 The Fourth kind is “Opportunity” based. You spot newer opportunities better than the competition and do it faster than others grab on to them.
This is when someone tries new things relentlessly, by learning new skills consistently, without letting failure beat them down.
👉🏼 The Fifth kind is “Leverage” based. You find a new technology or platform that creates huge leverage and propels you way ahead of others because you’re using a new tool that others haven’t adapted to.
Businesses are created by working hard on 4 and 5.
Unfortunately, most keep looking in 1 and 2.
Regardless of what you pick, don’t give up on the No. 3
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A Chartered Accountant with about 10 years of experience in areas of Tax Advisory, Startup Consulting, Fundraising, Audits, Deal Advisory, Business Modelling and contract CFO services.
Winner of the ISB Young Leader Award 2017 and the Best All Rounder, PGP Class of '17, Sarthak has also been published about in the leading financial newspapers such as The Financial Express as possibly the youngest Indian to have completed the courses of CA, CS and CMA along with a graduate degree in Financial & Investment Analysis from University of Delhi, all by the age of 23 years.