The 4-Day Workweek Revolution with Sim Penzo

Business Builders Podcast

In this enlightening episode, we sit down with Sim Penzo, Co-Founder of Codefish Studio, who took the bold step of transitioning his business to a 4-day workweek in 2022. Join us as Sim shares insights about how this change has improved work-life balance, boosted productivity, and given them a competitive edge in hiring.

Key Takeaways:

1. Work-Life Balance: Discover how a 4-day workweek can enhance work-life balance, especially for employees with young families.
   
2. Competitive Hiring Advantage: Learn how offering a shorter workweek can make your company more attractive to potential hires.
   
3. Increased Productivity: Sim shares how focusing on outcomes and minimizing waste has led to a more productive team, despite working fewer days.
   
4. Client Concerns: Explore how to manage and address initial client concerns regarding support and deadlines.
   
5. Success Tips: Gain practical tips on ensuring you have a reliable team, automating processes, and anticipating client concerns before making the switch to a 4-day workweek.

Quotable Moments:

• "AI doesn't necessarily need to replace us. But AI can augment our abilities, augment what we're doing so that we can get our staff doing jobs that are of more value to them and our clients.”
  
• “Everyone was keen to have more time at home and just work less. I don't think why someone would think is a bad idea.”
  
• “If they don't finish everything that I said they would have by Thursday, they, everyone brings their MacBook at home. And if they have a time in between family and other stuff on Friday, they'd just be working from home and finish off what they had to do.”

Conclusion:

Whether you're considering a shift to a 4-day workweek or just curious about different work models, this episode is packed with valuable insights from a business leader who's been there. Tune in to learn how a 4-day workweek could revolutionise your business.

Adapt_CO
Helping businesses find their new shape.
SA Business Builders
Business leaders social group based in South Australia
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Chapters

1. Introduction (00:00:00)

2. About our guest SIm Penzo and his move to Australia (00:04:58)

3. How Sim started Codefish Studio (00:13:56)

4. Motivation for moving to a 4 day workweek (00:17:25)

5. The initial challenges and overcoming them (00:20:15)

6. Client response and billable hours (00:24:17)

7. Automation and productivity gains (00:33:04)

8. Impact on lifestyl and work-life balance (00:35:55)

9. Unexpected benefits and drawbacks (00:41:36)

10. Tips for businesses considering a 4 day workweek (00:43:33)

11. Final thoughts and advice (00:47:33)