Monthly Archives: Mar 2015

The Price of Happiness

A Lesson From The 10 Cent Brooch

price of happiness
 

We were sitting in the car, waiting for my sister who was then in third grade.

Glancing around the school playground, we watched little boys and girls energetically celebrate their daily release from the confines of their classrooms.

Running crazily around at top speed. Swinging wildly or climbing up monkey bars. Chasing each other, chucking paper balls at foes and emptying water bottles over friends.

A short, bouncy little whirlwind rushed up to our window.

“Daddy! Daddy, please give me 5 rupees. I want to buy this brooch!”

She stuck out her tiny hand. Clutched tightly in it was a small plastic wrapper.

Inside it was a little blue brooch.

I glanced at it, and turned away, thinking dad would refuse point blank.

To my surprise, he reached into his pocket, pulled out his wallet, and extracted a crisp 5 rupee bill.

Handing it over to the eager, excited little girl, he said, “Come back quickly”.

For a moment, I sat in silence. Then I exploded in indignant remonstration.

“Surely that little thing isn’t worth more than a few paise. Why did you give her 5 rupees for it?”

Dad didn’t speak for some time. Then he replied.

“Today, 5 rupees can buy her happiness. Later on, it may not be possible. Or so cheap.”

5 rupees, back then, was about 10 cents.

The lesson I learned from that experience has been worth several thousand dollars over the years.

When you can ‘buy’ happiness, don’t count the ‘price’.

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Your Time Management Performance – How To Optimize It?

Keeping track of your time management performance can help you constantly improve your efficiency, eliminate (or minimize) waste, and boost productivity easily. Just as the performance of a car engine depends upon several factors, your own time management performance will be based on how well you do many different things.

Among the most important of them is learning how to prioritize correctly, which in turn is dependent upon knowing exactly what you want.

This is so vital, the entire content of most time management courses could be summarized in just these 2 words – Prioritize Correctly.

Expert time management coach and teacher Stephen Covey uses the analogy of struggling hard to climb up a ladder – only to discover when you arrive at the top that the ladder was leaning against the wrong tree (or wall)!

Most successful achievers know exactly what they want. They know, in specific terms, where they want to be at the end of a particular time period, what they want to be doing at any point in time, how they intend living their dreams. That helps measure and monitor their time management.

Once you know exactly what you want to do, and have broken down the process of getting it done into smaller steps, it becomes easy – and effective – to put a priority on the individual steps, and take them up for execution one after another.

The actual methods you use to set priorities and execute them may vary. But as long as you can set priorities correctly, you will most effectively manage your time – and get more of the important tasks done every day, every month, every year.

What else impacts your time management performance? One element that has an effect on it is understanding the distinction between ‘creativity’ and ‘clarity’.

Our stereotype of a creative type of person (like an artist or author) is one who lives in a state of controlled chaos, where the individual thrives in an environment of perpetual mess and disorganization.

While it is true that an overly orderly environment is often a hindrance to creativity, a mess is by no means necessary, or even desirable. And remember – to function best, you need a combination of creativity and clarity. The clarity will enhance your time management performance.

You need clarity in your purpose, and in your goals. Clarity in your process of achieving both is also desirable. And the two forces are always in conflict with each other. A compromise is often the best solution. Keeping a tidy work environment, or at least cleaning up the mess on your desk from time to time, will help enhance your productivity and let you manage your time more effectively.

In addition to monitoring your time management performance, you should also focus on learning more strategies, techniques and systems to help better manage your time. Other sections of this site have information about specific elements of time management that you can explore through the links on the sidebar. And you can also sign up to receive our free email newsletter, the “Time Taozine“.

Time management games | Time Management Tao Home

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3 Precious Lessons I Wish I’d Learned In My Twenties…

 

But Am Glad To Know Today!

3 precious lessons I wish I'd learned in my twenties
 

As I cruise into ripe ol’ middle age, I’m growing wiser. Every day. And wonder… what took me so long?

I mean, so many of these powerful lessons learned in life are blindingly obvious – once they are learned. I’ll talk about just three of them today.

1. Security is a Myth

I have a diary from the 1980s. On one page of it, I see notations, in rows and columns, of figures, estimates and calculations. They are the fruit of an exercise which took a few weeks, trying to estimate how much money I’d need to save up to live a retired, comfortable life.

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How You Can Strengthen Skills In Time Management

When you set out to strengthen skills in time management, often you begin by changing your mindset and views about what it really means to manage time. Once the paradigm shifts, you’ll unlock greater efficiency in multiple forms and totally revolutionize the way you go about managing your schedule.

One of the hardest mindsets to shift when you’re trying to strengthen skills in time management is to realize that you don’t have to do it all yourself. It’s an easy lesson to learn. It’s also the hardest to learn.

It may well take many long months (even years) of working on various elements of your work and career, trying to juggle it all by yourself, before you came to terms with this reality and accept it. But once you do, it will save you a LOT of time when you modify your time management techniques.

No matter what task you want help with, there’s someone to do it for you. The only considerations are whether you can find someone, decide if that person can be trusted with the task, and if you can compensate them adequately for the work they are doing for you. That’s the surest way to strengthen skills in time management. It doesn’t matter how skilled or experienced you are at something, there is no way on earth that you can do as much as a team working together.

If you are able to identify and train the right kind of qualified person to take over parts of the tasks that you were handling earlier, and the task will cost you less than the value of your time, then it becomes a no-brainer to outsource it to the expert team you’ve built.

Take the example of a sales process.

Suppose you are a sales-person, and find that in one day you can meet 10 people and sell 4 people out of 10 your product. Then, if you hire 2 sales people who each are only half as effective as you are… they will still sell AS MANY COPIES of your product as you can in a day! Plus, you get the time to spare, and can get other things done.

Multiply this by an entire fleet of sales people and you’ll see how this simple tweak will strengthen skills in time management, free up your day, and let you leverage your talents in many more ways.

It is this approach which is grounded in the timeless principles of Time Management Tao, namely

And to continue receiving tips about how to strengthen skills in time management, make sure you sign up for our free email newsletter – the “Time Taozine”.

Time management skills | Time Management Tao Home

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Celebrity & Priorities

celebrity

My friend is a film director. I remember the first time we met.

We were chatting, when he asked, “Doctor, do you know ____ ?” mentioning a name (that I later learned) was of an up and coming popular actor.

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