“Owning a Rolex isn’t nearly as cool as owning your time.”
Jade Bonacolta from The Quite Rich.
Jade Bonacolta has created a lifestyle concept called Quite Rich, which defines wealth in terms of time, life experiences, relationships, and self-confidence, rather than monetary wealth.
On the other hand, Paul Altieri, writes a post on Bob’s Watches website, claiming that the identity of those who own a Rolex reflects a “Supreme Focus”, meaning, these individuals are characterized by having a very clear and strong focus on their ambitious life aspirations, achieving a level of determination that suggests that, if desired, anything is possible.
All this has made me think carefully about it, possibly due to the concept of FOCUS which is one of the pillars of our FASE Method.
I have considered what would be a better gift for our children: a Rolex or teaching them to master their time management. And, extending this reflection to our teams, what is better? Offering them a bonus at the end of the year so they can buy a Rolex or investing that bonus in training to improve their time management and personal effectiveness, thus aligning with what Jade calls “Quite Rich”?
I have come to the conclusion that, while we decide between the Rolex or the training on individual effectiveness, we can start with something that undoubtedly has no price for both them and us: As leaders, we must be examples to follow in our organization and time management so that they advance towards achieving results and become deserving of the bonus.
As parents, if we are examples of good personal organization and time management, we will help our children, in their preparation for the future, acquiring the greatest number of differential competencies possible. And it is evident that personal organization is one of them, being the basis of many other differential competencies such as leadership and resilience.
