Article · 18 min read

An Exact Breakdown of How One CEO Spent His First Two Years of Company-Building

Sam Corcos (as told to First Round Review) · First Round Review Free Intermediate

This is the E-Myth idea made measurable: Levels CEO Sam Corcos logged 7,922 hours across two years into ten categories and shares the exact spreadsheet so you can copy it. The gut-punch is the actual-vs-perceived gap: he expected to spend big chunks on recruiting and strategy and found recruiting was 3 percent and strategy just 5 percent, while email quietly ate 30 to 35 percent every week. That is precisely how you tell 'in the business' from 'on the business': you count.

  • Build ten or fewer time categories, log every hour in your calendar, then export to a sheet and review it, because the work that feels light (email, easy meetings) is usually the work eating your week
  • Founders systematically overestimate time on strategy and underestimate time on information processing, so trust the log over your memory
  • A CEO's real job is to be an information router unblocking the team, not the top individual contributor, so protect the hours that only you can do

The question it answers

  1. How much time should I spend on the business versus in the business, and how do I even tell the difference?

Read with it

  1. Trenchard has watched a lot of founders run their calendars, and his core move is the one that makes buffer-based planning... First Round Review Article · 15 min read 70% of Time Could Be Used Better: How the Best CEOs Get the Most Out of Every Day Bill Trenchard
  2. The cleanest founder-written explainer of the E-Myth distinction, from a repeat founder (Pardot, exited to ExactTarget) rather... David Cummings on Startups Essay · 4 min read Working In the Business vs On the Business David Cummings
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