Millionaire says work-life balance is a myth: 'Anyone who has achieved anything has not done it by being balanced'
Conversations about work-life balance and toxic corporate cultures are on the rise, with many criticising companies for demanding long hours. In a recent interview, 29-year-old multimillionaire Timothy Armoo challenged this notion, arguing that true success requires extraordinary effort, not balance, a perspective echoed by notable figures like Warren Buffett and Bill Gates.
Conversations around work-life balance, overworking, and toxic corporate cultures have been dominating headlines lately, with many lamenting how companies demand long hours, leaving little room for personal time. However, a 29-year-old multimillionaire recently told CNBC MakeIt that he strongly disagrees with the concept of work-life balance. His perspective has sparked fresh debate, challenging the conventional wisdom on how to approach success and fulfillment.
Timothy Armoo, who became a multimillionaire at 27 after selling his influencer marketing company, doesn¡¯t buy into the concept of work-life balance. In an interview with CNBC Make It, the co-founder and former CEO of Fanbytes said, ¡°I think anyone who has achieved anything of significance has not done it by being balanced. It¡¯s just a myth."
Growing up in a disadvantaged area of South London, Armoo explained that his success came with sacrifices, including giving up what most people would consider a healthy work-life balance.
¡°I believe in working extremely hard ¡ I absolutely disagree with the idea of work-life balance,¡± Armoo shared with CNBC Make It.
According to Armoo, achieving extraordinary results requires extraordinary effort, and being "balanced" won¡¯t get you there.
Instead, he advocates for putting in extra work to improve the odds of success.
Many CEOs and billionaires, such as Bill Gates and Warren Buffett, have followed a similar path, dedicating long hours to building their companies.
Warren Buffett, at 94, still works six days a week and often spends Saturdays at the office as the chairman and CEO of Berkshire Hathaway.
Bill Gates, Microsoft¡¯s co-founder, once shared with CNBC MakeIt that in his 20s, he didn¡¯t believe in taking vacations or weekends off. However, now at 68, Gates encourages others to take breaks when possible.
In India, Infosys co-founder Narayana Murthy echoed similar views, though his stance on longer working hours for the youth was criticised.
Murthy, who led Infosys as CEO for 21 years, has admitted to working 70 hours a week for most of his career and 85¨C90 hours a week during a six-day workweek.
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