3 ms·
I can certainly appreciate and understand Leo's point not only philosophically but also through personal experience. I work at an investment bank and have about
by donofrip 15y ago
I can certainly appreciate and understand Leo's point not only philosophically but also through personal experience. I work at an investment bank and have about $200k in student loans. I want to start a company. My time is extremely constricted due to the nature of my job, and I can't quit because I have loan obligations each month. I've backed myself into a corner at a young age. I still have found time to begin putting into place some of the pieces necessary to launch a startup. At the same time, I have been training for a marathon, acting as a member on the board of director for a grade school and catching a few drinks with friends on the weekend. It is not easy and not always fun, but if something is important, we can always find more time. Sometimes you just sleep less...
Taking this a step further, there is something left out of Leo's discussion. Efficiency. Not sure where I read it, but the was a book by a CEO. He discussed how he used to work on his plane trips across the country because he didn't want to "lose" that time. After a while, he found that he was jet lagged and would be tired while on the ground for his meetings. It would take him days to recover. Now instead of working on the flights, he sleeps or gets enough sleep so that he will be rested and more efficient when he has landed.
The question that arises is simple. By jamming another 30 minutes or an hour of blogging or whatever into your day, do you jeopardize your efficiency throughout the day? It is the economic question of not only diminishing returns, but negative returns. The common example given in economic textbooks is that of an additional farmhand not only not adding value, but detracting from the value of the current farmhands.
I think we should be asking how can we prioritize more effectively.