Like Netflixâs cofounder, U.S. Polo Assn. CEO has strict work-life boundariesâhe clocks off at 5:30 p.m. and wonât text his team on weekends
The average CEO pulls 62-hour workweeksâaround 10 hours a day plus a few more on the weekend. And theyâre even at it on holiday. For workers, it can mean a steady stream of out-of-hours demands, whether theyâre on duty or not. But after losing âyearsâ of his life to overworking, you wonât catch U.S. Poloâs CEO J. Michael Prince contacting his team on a Saturday morning.
âOne thing I try to respect isâand this never really happened to me throughout my careerâunless thereâs something major going on, I try to leave people alone in the evenings, so you rarely ever get an email or text from me after the office,â Prince exclusively tells Fortune.
Despite running a $2.7 billion 24/7 global brand, complete with 1,200 stores across 190 countries and charity polo events at Windsor Castle alongside Prince William, he leaves the office at 5:30 p.m., his team wonât get a text from him after hours unless urgent, and even on long weekends he gives everyone Friday to Monday and goes dark.
âI leave the office, and I really try to respect peopleâs weekends, because I feel like thatâs your family time, thatâs your personal time, thatâs your friendship time, thatâs your time to reset, recharge spiritually, mentally, physically, emotionally.â
Itâs a rare feat for someone who runs a business that spans retail and weekend sporting eventsâand even his own routine reflects the same logic. But Prince knows too well the toll being always on takes.
The CEO is working âsmarterâ after pulling 90-hour weeks and all-nighters to get to the top
Prince is up at around 5:15 a.m. âI donât like the fours, but I like the fives,â he jokes, adding that he works out for an hour, has a cup of coffee, checks his emails and always makes time for breakfast with the family.
Instead of rushing to his commute, the CEO likes to savor his mornings, taking turns with his wife doing the school run and opting to get into the office âa bit laterâ to miss the traffic. âBecause I know once I get to the office, there goes my day, no matter how well itâs planned,â Prince explains.
Once through the door, itâs calls from sport partners, international licensees, and team meetings. âBut I usually try to get out of the office around 5: 30 p.m. to get home and have dinner with the family,â he adds.
Unless thereâs an urgent matterâin which case, Prince tells his team they can reach him at any time, day or nightâhe has one final check of messages, and then he switches off for the day.
But it wasnât always that way. To get to where he is today, Prince pulled 90-hour work weeks, including all-nighters.
âI probably lost some years on the front end from some of those âgood habitsâ that could also be considered bad habits,â he recalls.
âLooking back, I could have worked a little smarter,â Prince adds. âI could have eaten differently, I could have been a little more thoughtful about my sleep, about my routine around working out, my travelâŚâ
When youâre grinding for as many hours as he was, taking care of yourself naturally falls down the priority list. But now in his 50s, Prince has the benefit of hindsight: a career runs from your 20s until your late 60s, and skipping lunch daily, burning the midnight oil and running on four hours of sleep simply isnât sustainable for decades on end.
âWork hard, but also take care of yourself,â he advises ambitious professionals. âItâs a marathon, not a sprint.â
Netflix cofounder stopped work at 5 p.m. every Tuesday for 30 years to stay âsane,â no matter the crisis
Prince isnât the only major CEO whoâs installed some boundariesâand told their teams to do the same.
Netflix cofounder Marc Randolph said he kept a hard cutoff every Tuesday at 5 p.m. for over 30 years, even while running the $310 billion entertainment giant to keep himself âsane.â
âIâve worked hard, for my entire career, to keep my life balanced with my job,â he wrote in a LinkedIn post that went viral. And âno meeting, no conference call, no last-minute question or requestâ would get in the way of that. Even if there was a âcrisis,â youâd still catch him going to a movie or having dinner with his best friend every single Tuesday evening.
Whole Foods CEO Jason Buechel makes time to work out twice a day and âfully uses upâ all his annual leave every yearâdespite being in a minimum of 10 meetings a day and near-constant business travel.
âI think itâs important for me to help set that example,â Buechel previously told Fortune, adding that heâll even make a point to âalways askâ his team members about what theyâve planned for their next vacation.
He even capped how many hours employees can sell to âmake sure they are taking PTOâŚand ultimately having a great work-life balance.â
And although heâs the CEO of the worldâs largest bank, JPMorganâs Jamie Dimon, takes all of his annual leave and tells his work-force they need to âwork smartâ to prioritize their work-life balance.
The CEO told students at Georgetown: âYou have to take care of your mind, your body, your spirit, your soul, your friends, your family, your health.â
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