128 Hours For Projects

A framework for maximizing your time outside of work to build side projects and businesses while maintaining your full-time job.

Core Time Breakdown

  • 168 total hours in a week
  • 40 hours needed for employer
  • At least 40-50 additional hours available for side projects
  • Remaining time for sleep, eating, and other activities

Strategy for Side Business Launch

  • Run both job and business simultaneously
    • 6-9am: Work on business
    • 9-5pm: Regular job
    • 6pm-midnight: Back to business
    • Weekends: Additional business time

Risk Minimization Approach

  • Keep regular job until side business is proven
    • Maintain steady paycheck for living expenses
    • Wait for sufficient revenue/clients/profit before quitting
  • Performance strategy at day job:
    • Aim to be "just above firing level"
    • Don't try to be employee of the year
    • Give enough effort to maintain position

Key Success Factors

  • Live close to work or work remote to minimize commute
  • Focus on efficiency with regular job
  • Have clear revenue/profit targets before transition
  • Build pipeline and cash flow before leaving job
  • Use the security of employment to derisk entrepreneurship

Real Example (Mohnish's Story)

  • Started with $30,000 from 401k
  • Secured $70,000 in credit card limits
  • Built business to cash flow positive before quitting
  • Took 9 months of dual operation before transition
  • Maintained good standing at job while building business

Mindset

  • Entrepreneurs don't take risks - they minimize them
  • Use existing income to create safety net
  • Focus on building proof of concept while employed
  • Plan for worst-case scenarios (ability to return to workforce)
MP

Mohnish Pabrai

Founder and Managing Partner of Pabrai Investment Funds, modeled after Warren Buffett's investment partnerships. Sold IT business for $6 million in 2000, launching fund that now manages over $798 million in assets.

Achieved 75% annualized returns from 1994 to 1999 applying Buffett's approach to investing. Estimated net worth of $2 billion in 2023.

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