In 2006, after I'd written an article about outsourcing R&D, I received a reader email seeking sources for a book on mobile lifestyles. My correspondent, a guest lecturer at Princeton, wanted to know whether I was aware of any "employees who have 'outsourced' themselves to create more time in their lives? In other words," he wrote, "have you heard of any employees who have paid a freelancer to perform their job function unbeknownst to the boss?"
I had not, and I wasn't able to help this unknown person. Some guy named Tim Ferriss.
A year later, of course, Ferriss shot to fame with The 4-Hour Workweek, his have-your-cake-and-eat-it-ideally-on-a-beach-in-Aruba bestseller about upending the relationship between time and work. The book resonated powerfully with entrepreneurs, famously made twitchy by the word delegate.
Back then, startup entrepreneurs typically had no one to delegate to. Today, founding teams are no bigger: In fact, a growing number of companies have no employees. But now there exists a slew of devices, services, and platforms eager to unburden the core competency that is you. Productivity tools organize you, facilitate tasks, or--thanks to the gig economy--lift whole responsibilities off your plate. The dividend they pay is time.
In Ferriss's philosophy, freed time should be used for living: ideally buff and large. But for many CEOs, time--like profits--is best plowed back into the company. More time enables entrepreneurs to work, as the saying goes, on the business rather than in the business. As the company scales, that freed time creates opportunities to concentrate on complex, open-ended issues such as strategy, innovation, culture, motivation, and vision.