{"id":13994,"date":"2024-11-20T00:21:43","date_gmt":"2024-11-20T00:21:43","guid":{"rendered":"https:\/\/imsfund.com\/?p=13994"},"modified":"2024-11-20T00:21:43","modified_gmt":"2024-11-20T00:21:43","slug":"infosys-cofounder-78-doesnt-believe-in-work-life-balance","status":"publish","type":"post","link":"https:\/\/imsfund.com\/index.php\/2024\/11\/20\/infosys-cofounder-78-doesnt-believe-in-work-life-balance\/","title":{"rendered":"Infosys Cofounder, 78, Doesn&#8217;t Believe in Work-Life Balance"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>N. R. Narayana Murthy says he used to arrive at the office at 6:20 a.m. and leave at 8:30 p.m. He worked 14 hours per day, six-and-a-half days per week for 30 years<b> <\/b>until he <a href=\"https:\/\/timesofindia.indiatimes.com\/business\/india-business\/Infosys-chairman-Narayana-Murthy-calls-it-a-day\/articleshow\/9655929.cms\" rel=\"follow\" target=\"_self\">retired in 2011<\/a> at age 65.<\/p>\n<p>Murthy is the <a href=\"https:\/\/www.forbes.com\/profile\/nr-narayana-murthy\/\" rel=\"follow\" target=\"_self\">78-year-old<\/a> co-founder of Infosys, an Indian technology firm with offices in <a href=\"https:\/\/www.infosys.com\/investors\/reports-filings\/documents\/global-presence2023.pdf\" rel=\"follow\" target=\"_self\">56 countries<\/a>, including the United States. The company offers IT, consulting, and outsourcing services and employs more than <a href=\"https:\/\/www.infosys.com\/about\/history.html\" rel=\"follow\" target=\"_self\">317,000 people<\/a> worldwide.<\/p>\n<p>Murthy <a href=\"https:\/\/in.mashable.com\/tech\/62779\/india-inc-is-divided-over-murthys-70-hours-work-week-advice-ashneer-grover-knows-why-everyone-is-off\" rel=\"follow\" target=\"_self\">went viral last year<\/a> for stating that young people in India should <a href=\"https:\/\/www.entrepreneur.com\/en-in\/news-and-trends\/narayana-murthys-70-hour-work-week-here-is-what-startup\/464602\" rel=\"follow\" target=\"_self\">work 70 hours<\/a> per week, even though doing so <a href=\"https:\/\/www.techspot.com\/news\/105618-infosys-founder-defends-call-70-hours-workweeks-doesnt.html\" rel=\"follow\" target=\"_self\">breaks<\/a> Indian labor laws. Then, at <a href=\"https:\/\/x.com\/CNBCTV18News\/status\/1857071977598517498\" rel=\"follow\" target=\"_self\">CNBC&#8217;s Global Leadership Summit<\/a> earlier this month, Murthy refused to back down from his earlier statement and said, &#8220;I don&#8217;t believe in work-life balance.&#8221;<\/p>\n<p>He added that he was &#8220;a little bit disappointed&#8221; in 1986 when India cut the work week from six days a week to five.<\/p>\n<p>&#8220;I was not very happy with that,&#8221; he said. He then addressed the 70-hour workweek controversy stating, &#8220;I am sorry, I have not changed my view.&#8221;<\/p>\n<blockquote class=\"twitter-tweet\" data-media-max-width=\"560\">\n<p>&#8220;I don&#8217;t believe in work-life balance,&#8221; declares Infosys&#8217; Narayana Murthy as he defends his infamous &#8217;70-hour work-week&#8217; comment while talking to Shereen Bhan at CNBC TV18&#8217;s Global Leadership Summit<a href=\"https:\/\/twitter.com\/hashtag\/CNBCTV18GLS?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"follow\" target=\"_self\">#CNBCTV18GLS<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/CNBCTV18at25?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"follow\" target=\"_self\">#CNBCTV18at25<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/cnbctv18digital?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"follow\" target=\"_self\">#cnbctv18digital<\/a> <a href=\"https:\/\/twitter.com\/ShereenBhan?ref_src=twsrc%5Etfw\" rel=\"follow\" target=\"_self\">@ShereenBhan<\/a> <a href=\"https:\/\/t.co\/Hcrej8DUkw\" rel=\"follow\" target=\"_self\">pic.twitter.com\/Hcrej8DUkw<\/a><\/p>\n<p>\u2014 CNBC-TV18 (@CNBCTV18News) <a href=\"https:\/\/twitter.com\/CNBCTV18News\/status\/1857071977598517498?ref_src=twsrc%5Etfw\" rel=\"follow\" target=\"_self\">November 14, 2024<\/a><\/p><\/blockquote>\n<p>He added that he was &#8220;very proud&#8221; of putting in 14-hour days at the office, 6.5 days per week.<\/p>\n<p>&#8220;Therefore I am not going to take it back,&#8221; Murthy said, referring to his 70-hour workweek statement.<\/p>\n<p>Murthy <a href=\"https:\/\/www.infosys.com\/about\/history.html\" rel=\"follow\" target=\"_self\">started<\/a> Infosys in 1981 with six other co-founders and $250 in starting capital.<\/p>\n<p>Infosys became the <a href=\"https:\/\/inshorts.com\/en\/news\/infosys-is-1st-indiaregistered-firm-to-be-listed-on-nasdaq-1489220953642#:~:text=IT%20services%20major%20Infosys%20became,NASDAQ%20on%20March%2011%2C%201999.\" rel=\"follow\" target=\"_self\">first<\/a> India-registered company to be listed on NASDAQ in 1999 and now has a market capitalization of over <a href=\"https:\/\/companiesmarketcap.com\/infosys\/marketcap\/\" rel=\"follow\" target=\"_self\">$92 billion<\/a>.<\/p>\n<p>Infosys brought in <a href=\"https:\/\/www.statista.com\/statistics\/900303\/india-infosys-revenue\/\" rel=\"follow\" target=\"_self\">over $18 billion<\/a> in revenue in fiscal year 2024.<\/p>\n<p><b>Related: <\/b><a href=\"https:\/\/www.entrepreneur.com\/starting-a-business\/why-new-entrepreneurs-should-embrace-the-hustle-before\/473738\" rel=\"follow\" target=\"_self\">The Case for 14-Hour Workdays \u2014 Why New Entrepreneurs Should Embrace the Hustle Before Seeking Work-Life Balance<\/a>\n  <\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/www.entrepreneur.com\/business-news\/infosys-cofounder-78-doesnt-believe-in-work-life-balance\/483158\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>N. R. Narayana Murthy says he used to arrive at the office at 6:20 a.m. and leave at 8:30 p.m. He worked 14 hours per day, six-and-a-half days per week for 30 years until he retired in 2011 at age 65. Murthy is the 78-year-old co-founder of Infosys, an Indian technology firm with offices in [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":13995,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"https:\/\/assets.entrepreneur.com\/content\/3x2\/2000\/1732050239-Murthy-GettyImages-1245624797.jpg?format=pjeg&auto=webp","fifu_image_alt":"","footnotes":""},"categories":[9],"tags":[],"class_list":["post-13994","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"_links":{"self":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/13994","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/comments?post=13994"}],"version-history":[{"count":1,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/13994\/revisions"}],"predecessor-version":[{"id":13996,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/13994\/revisions\/13996"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/media\/13995"}],"wp:attachment":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/media?parent=13994"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/categories?post=13994"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/tags?post=13994"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}