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Dj DiDonna

Sabbaticals and the future of work. Founder @ the Sabbatical Project - EiR @ Harvard Business School - Former Fintech Entrepreneur @Include1Billion

DJ DiDonna is a professional who advocates for intentional time off and the positive impact it can have on individuals' lives and careers. After successfully exiting a fintech company focused on financial inclusion, DJ took a sabbatical which reshaped his perspective on work-life balance. This experience led to the founding of the Sabbatical Project, an initiative exploring the effects of extended breaks from routine work on non-academics. Collaborating with Professor Matt Bloom at Notre Dame, DJ is at the forefront of research in this area.

Highlights

May 22 · linkedin

The first class of students I ever taught at Harvard Business School are graduating. I’m not giving their commencement speech, but if I were, I’d build off the somewhat terrifying The New York Times article about “selling out” in your post-college career published today:

The gist of it: despite the headlines about Gen Z’s hunger for purpose in their careers—more and more students are going to work in staid and prestigious industries like banking and consulting.

These students non-disparagingly refer to these “sellout jobs,” while shrugging their shoulders walking straight into them.

I’m with my colleague Mihir Desai: by taking the safe path, you’re DECREASING the future chances of doing something more aligned to who you want to be, despite possessing greater financial and social capital.

In his words, if “you spend 15 years at the hedge fund, you don’t just go work and make a lot of money, you go work and you become a different person.”

Desai sees two camps among students. Option buyers take jobs in these prestigious industries to buy time and resources to act in the future. Lottery ticket buyers forgo market salary and prestige for the chance to make their money on a windfall, via starting or joining a unicorn early.

I see another option here, which directly relates to pursuing entrepreneurship, but I believe it applies more broadly as well.

From my own experience, and from witnessing countless of my HBS classmates’ successes and failures in the startup world, the lottery ticket strategy is almost certainly bound to end in disappointment. I believe you have three guarantees in a startup:

  1. The salary you pay yourself.
  2. Lots of time with your colleagues.
  3. Lots of time with your customers, spent trying to solve their problems.

If you’re able to live somewhat comfortably on the salary you pay yourself, you won’t be hangry for the lottery ticket outcome. If you cultivate a great culture, you’ll love the time you spend at work. If you aren’t curious enough about your customers pain points, or enjoy working in their industry, you’ll be miserable. You MIGHT get rich, but you’re almost certain to feel more satisfied with your life choices.

The benefits from committing to something, instead of keeping options open is the subject of my colleague Reza Satchu’s extremely popular class: the entrepreneurial mindset.

Combine this approach with studying what decisions actually lead to fulfillment the core theme of my colleague Arthur Brooks and friend Laurie Santos’ work. Their classes are among the most popular at Harvard and Yale, respectively. But the work itself is a practice; it’s life long.

Wishing all the graduates (especially HBS section K!) out there the courage and ability to take the less-defined, but more fulfilling, exciting, and authentic path. Why?

In Annie Dillard’s words:

”How we spend our days is, of course, how we spend our lives.”

Nov 21 · linkedin

We are excited to announce that our paper on sabbaticals was accepted into a peer-reviewed journal!

This is the first rigorous study on what actually happens to people who take extended leave, and proof that it's more than just a long vacation - significant changes in direction, self-understanding, and career choice result from these periods of reflection and experimentation. In co-author Kira Schabram's words:

"While participants returned from all sabbaticals feeling affirmed in their own voice, periods of exploration and practice were associated with the extent to which sabbaticals fundamentally changed their self-narrative and disrupted the trajectory of their working lives."

Over four years (!) in the making, we follow the journey of 50 sabbatical takers from all stages of life, across the world. This wouldn't have been possible without those folks sharing very difficult, sometimes painful, many times incredible personal stories about what transpired, and how they got to the point of taking time off. We owe them an incredible debt of gratitude!!

More good news coming soon...

#newproject #sabbatical #research

Dj DiDonna
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Location

San Francisco, California, United States