Time is money…
We invest our money were we spend our time….
In his new book, Parental Priorities and Economic Inequality, published by the Press, Mulligan introduces an economic model that predicts parents allocate more financial resources to children with whom they spend more time — such as adult children living at home and adult children who are single.
“Spending time with children is a necessary condition for a parent to care about the welfare of a child,” he said. “Spending time with children can increase a parent’s willingness to sacrifice for them.”
The rest of the article can be found here.
For where your treasure is, there your heart will be also.
Lesson one Proximity – The closer you are to someone the more you are willing to invest in them. I find that the more I know someone’s values and vision the more I am willing to invest my time and money into them. As a leader I think it is very important that we invest our time in the right people. Identifiy those key leaders and begin the process of proximity. When you know someone you sacrifice for them and you believe the best in them.
You may ask What if I don’t feel close to my leader or leaders? I would encourage you be to others what you what someone to be to you. If you want someone to mentor you find someone in need of a mentor and mentor them. Be to others what you want others to be to you.