New Castle News

Tim Kolodziej

December 13, 2012

Tim Kolodziej: Five strategies for making the most of your time

(Continued)

NEW CASTLE — AN ACROSTIC FOR OUR TIME

You’ve probably heard that to do two things at once is to do neither.

In other words, multi-tasking is like pushing a river. It might feel like you’re getting ahead, but we all know better.

Here is a great acrostic I picked up on a podcast a few months ago.

F — Follow

O — One

C — Course

U — Until

S — Success

Focus, focus, focus.

THE MEXICAN FISHERMAN

This is one of my favorite stories. I’m not sure who wrote it, but I read it most recently in Dan Miller’s book, “When Wisdom Meets Passion.”

An American investment banker was taking a much-needed vacation in a small coastal Mexican village when a small boat with just one fisherman docked. The boat had several large, fresh fish in it.

The investment banker was impressed by the quality of the fish and asked the Mexican how long it took to catch them. The Mexican replied, “Only a little while.” The banker then asked why he didn’t stay out longer and catch more fish.

The Mexican fisherman replied he had enough to support his family’s immediate needs.

The American then asked, “But what do you do with the rest of your time?”

The Mexican fisherman replied, “I sleep late, fish a little, play with my children, take a siesta with my wife, stroll into the village each evening where I sip wine and play guitar with my amigos. I have a full and busy life, sir.”

The investment banker scoffed. “I am an Ivy League MBA, and I could help you. You could spend more time fishing and with the proceeds buy a bigger boat, and with the proceeds from the bigger boat you could buy several boats until eventually you would have a whole fleet of fishing boats. Instead of selling your catch to the middleman you could sell directly to the processor, eventually opening your own cannery. You could control the product, processing and distribution.”

Then he added, “Of course, you would need to leave this small coastal fishing village and move to Mexico City where you would run your growing enterprise.”

The Mexican fisherman asked, “But sir, how long will this all take?”

To which the American replied, “about 15 to 20 years.”

“But what then?” asked the Mexican.

The American laughed and said, “That’s the best part. When the time is right, you would announce an IPO and sell your company stock to the public and become very rich. You could make millions.”

“Millions? Then what?”

To which the investment banker replied, “Then you would retire. You could move to a small coastal fishing village where you would sleep late, fish a little, play with your kids, take a siesta with your wife, stroll to the village in the evenings where you could sip wine and play your guitar with your amigos.”

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Tim Kolodziej