Tip of the day - Need company name? Try crowdsourcing
At one of his first jobs after college, Ryan Carson was a software developer who was asked to stay overnight to finish a project.
"We ended up working 48 straight hours. I remember catching a few minutes' sleep on the floor," he said.
That experience, all too common at startups, gave him a different idea: What if companies could prevent burnout (and reward their employees) by limiting the number of hours they worked?
So in 2010, he gave it a shot. Treehouse, located in Portland, Ore., develops online courses in website-building, code writing and mobile apps. The firm, which Carson cofounded, has a second office in Orlando, Fla., and about half of its 75 employees work remotely.
While purposefully avoiding San Francisco, Treehouse offers plenty of Silicon-Valley-style perks. The biggest: Every weekend starts on Thursday night.
And that doesn't mean Monday through Thursday are 10-hour days. Carson says they still maintain a normal schedule throughout the week.
It's proven to be a powerful recruiting tool.
"At first, we didn't tell candidates about the four-day week [right away] because we really wanted people who were passionate about our mission of low-cost online education," Carson recalled. "But we started mentioning the short week up front when we realized what an advantage it is in attracting top talent."
One Treehouse developer regularly gets job offers from Facebook and Google, Carson said, but "so far, his answer has always been, 'You guys working a four-day week yet?'"
There are plenty of advantages to the schedule, but it also presents some obvious challenges, which Carson has had to navigate.
"I'm very selective about the projects I take on," he said. "The key is to focus on what you want to get done. Carve out blocks of time where you can concentrate on one thing at a time, and cut out distractions like unnecessary meetings."
Email is another time suck Carson avoids. Instead, Treehouse staffers use a free service called Hipchat that allows businesses to set up chat rooms. Rather than emailing colleagues or interrupting them mid-project, employees post questions and comments that others respond to "when they get around to it," Carson said.
Treehouse also designed an online tool called Flow, where people post daily updates on specific projects.
If a four-day week were easy, everyone would be doing it, and Carson conceded that it does have drawbacks.
"The biggest one is that it's pretty hectic," he said. "There's no downtime. With a four-day week, every hour counts. It can be stressful."
And as a business owner, Carson said, "I get frustrated sometimes, thinking we could do more and grow faster if we had that fifth day."
Even so, he's committed to keeping the four-day week and, financially, Treehouse has done fine without Fridays. Carson said the company was profitable almost immediately, and revenues have tripled to about $10 million in the past three years.
Venture capitalists, including big names like Kevin Rose and Reid Hoffman, don't seem at all put off by Treehouse's abbreviated schedule. So far, they've invested $11.5 million.
[Via - CNNMoney]
Free sales automation software
What is collaborative CRM ?
Why you should do online meetings for your salesforce
How to turn mobile CRM to a free call center
Meet Dropbox killer
Money is frequently the biggest issue for startups. You have to spend money to make money, but there isn’t much to begin with. Don’t despair...
When world economies shiver and shake, gold flourishes. Gold bullion coins, which promote within the millions weekly, faucet into the a...
Washington (WA) Asbestos Information: Located within the mountainous Pacific Northwest, Washington u . S . A . Has its sincere share of ser...
PickyDomains - Risk free domain naming service Your team works well together, solves problems, and comes up with innovative, unique ideas. E...
Are you looking for free online Gantt chart software? Something that's available online, on premise with open source access, on your mob...
Endeleza is a nonprofit organization that provides affordable and quality education and encourages community empowerment and sustainable de...
FRY is a outstanding manner to prepare dinner the most is not endorsed by way of maximum nutritionists because it adds to the fats content m...
If you've carried out any studies into telephone structures, you are well conscious that there are a huge kind of commercial enterprise ...
PickyDomains - World’s first risk free naming service No one needs to be yelling from office to office, or sending unnecessary emails. It...
California Asbestos publicity in California is a critical hassle that may result in the improvement of mesothelioma and related sicknesses...