Finance

Simcha Hyman: A Day in the Life of a Detail-Oriented CEO

Simcha Hyman’s typical day begins in the early hours, usually around six. Instead of immediately jumping into work, he starts with a grounding routine. “I’ll usually sit in bed for around 15 minutes and read a book,” Hyman shares. Currently, he’s immersed in the teachings of Osho, a spiritual guru from the 80s and 90s.

Exercise is a non-negotiable part of Hyman’s day, whether in the morning or later. But before diving into work, he prioritizes family time. “Being present in the morning with my family is a value of mine,” he explains. This means sharing coffee with his wife and spending time with his children before they head off to school.

Hyman’s schedule becomes more structured once his workday begins, usually around 8 AM. He alternates between calls, meetings, and city trips. When in the city, he makes time for physical fitness, working with a personal trainer, and even taking on the challenge of swim training.

Despite his busy schedule, Hyman has moved away from digital task management tools. “I used to use technology. I used Asana from 2014 till probably 2021 or 2022,” he recalls. However, he found that more technology is needed to affect his focus. “I felt like the less I’m on technology, the more I have my brain back,” Hyman explains. Now, he prefers pen and paper for task lists and idea development.

This shift to analog methods has changed how Hyman brings ideas to life. He writes about and socializes them, and if someone else resonates with the concept, he continues developing it. “Writing helps me be productive,” he emphasizes.

Hyman’s approach to productivity is introspective. At the end of each day, he checks in with himself to assess his productivity. “I went for many years being 20x a very productive human, but not feeling like a productive human,” he reflects. This self-awareness has become crucial to his work process.

Regarding business growth, Hyman credits honesty as a critical strategy. “It’s better to deal with everything right away, so you can kind of always think forward and progress forward,” he explains. This approach has helped him avoid professional “demons” and communicate clearly with colleagues.

Hyman’s career has been challenging. He recalls his experience selling his first company in 2014, where he was spread too thin. “I worked myself too hard and burnt myself out,” he admits. This experience taught him the importance of hiring the right people and delegating effectively.

For aspiring entrepreneurs, Hyman recommends understanding the different components of a business. He’s particularly enthusiastic about healthcare, noting its resilience in economic downturns and the variety of roles available beyond just being a doctor.

When it comes to personal development, Hyman values continuous learning. He enjoys podcasts like “All In” and Lex Fridman’s show, finding inspiration in diverse topics. He also draws insights from contrasting books, mentioning “Tearing Down the Walls,” a biography of Sandy Weill, and “The Alchemist” as favorites.

Simcha Hyman’s approach to life and business is characterized by self-reflection, continuous learning, and a balance between technology and analog methods. His journey from a hands-on entrepreneur to a CEO who values delegation and honesty offers valuable insights for anyone looking to grow in their career while maintaining personal well-being.

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