Running a single public company can be a stressful task, even for the most seasoned business owners.
Twitter and Square founder and CEO Jack Dorsey works 18-hour days at two publicly traded companies and he doesn’t seem to be stressing out too much.
“I benefit a lot from a consistent schedule and a consistent structure,” Dorsey, who’s reported to be on an 18-hour work schedule, said during Square’s quarterly-earnings call on Wednesday. “It’s been working out really well.”
Dorsey said that he spends four hours every Monday at each company, meeting both leadership teams to make sure everything is under control.
Most of his work is based around reviewing the product teams and recruiting, which leaves him to do less day-to-day operational work.
He then conducts follow-up meetings on Wednesdays and Fridays to check up on their weekly progress, he said.
Dorsey also explains that the proximity of the two companies’ offices in downtown San Francisco is really what makes this happen because it allows him to be at each office every day.
“As a reminder, both companies are across the street from each other, so that allows me to be at both companies every single day and be present,” Dorsey said.
While Square’s shares are still hovering below their IPO price, the payments company reported $374 million in revenue for the quarter, up 49% year-over-year. Gross payment volume, the total dollar amount of transactions Square processes, was up 47% to $10.2 billion.
So while Dorsey still has a lot of work to do in order to right the Twitter ship, he says he remains “always connected to both leadership teams” to ensure he gets the most out of every single day.