Monday, July 31, 2006

How to manage your wealth

Time management is wealth management. Especially for professionals, whose only career asset is their time.

The above is a snapshot of how I monitor the usage of my time. Notice that I measure my productivity or creativity in MINUTES, not HOURS.

Indeed, speed is the name of the game in the new economy, and if you took 15 minutes to write a memo, that's 10 minutes too long.

The success secret for effectively managing one's wealth is to have a macro-view of where you want to go (your true vocation or your ideal career) while ALSO having a micro-view of how you spend your time on a daily basis.