TM Article 2
Workaholism's Bad For You?
I'm a great believer in luck, and I find the
harder I work the more I have of it.
families have disintegrated because of the
extreme workaholism of the primary breadwinner,
there can be nobility in becoming a specific
type of workaholic.
I'm going to
take a rather odd route in this journey of
addressing what has become a mainstay of urban
life. So, let’s begin by scrutinising our usual
definition of an ‘asset’. The accounting
definition we’re familiar with is based upon
‘what we own’.
This quantity is
offset against our liabilities or ‘what we owe’,
when determining the strength of either a
corporate balance sheet or a personal net worth
another definition of ‘asset’ that’s gaining
currency through the best-selling books of
financial guru Robert Kiyosaki. He defines an
asset as ‘something that puts money in our
pocket’ and a liability as ‘something that takes
money out of our pocket’.
agrees. Many people take offence at Kiyosaki's
ideas that appear to run counter to conventional
Be that as it may,
I truly believe that in the vital area of time
management aimed at enhancing quality of life
Kiyosaki’s view of an asset being anything that
channels net positive cashflow into our coffers
of what American founding father Benjamin
Franklin once wrote: “Time is money”.
Bear that in
mind as I give you a dictionary definition of a
“A person who
suffers from a compulsive need to work
most people I spend time with. Let’s face it;
most of us evolve into workaholics because we’re
terrified of the consequences of slacking off.
Perhaps it’s a dread of being poor again or of
falling behind our peers in the sprint up the
But over time
(and usually during overtime), we often discover
we love the adrenalin rush that comes with
completing a stressful, intense project. We feel
great, and yearn for that feeling again. And
again! Eventually, we
become addicted to our own adrenalin.
compulsive dependencies, adrenalin addiction is
the cure I’ve discovered through time invested
with consulting clients involves retaining the
workaholism (after a fashion) to harness our
well-endowed capacity to work intensely on long
projects, while weaning ourselves off the
adrenalin highs of brief, intense projects –
unless those contribute to the success of our
vital long-term projects!
this single initial condition with two possible
intercontinental ballistic missile with a
nuclear warhead is tested in a remote part of
the Pacific Ocean.
ONE, its guidance system works fine; it
detonates on target.
But in situation
TWO, the guidance system goes on the blink after
the ICBM is launched. The metal bird’s flight
path becomes erratic. Will it crash into the
ocean, an inhabited island, or a bustling
Our capacity for
work is the human equivalent of atomic power.
Yet, because many of us have lost sight of ‘why’
we work extra hard, our guidance systems don’t
work. We run the risk of precipitating a
calamity in our lives.
Solutions: Clarity and focus.
management means focusing our prodigious
capacity for intense work on salary-increasing,
profit-generating activities that allow us to
build or buy Kiyosaki-type assets.
So, I urge you to
re-examine your career and workaholic
pure adrenalin addiction is bad for you, but
that workaholism geared toward accumulating
assets that flow money in your pocket – without
your having to work – may be good!
To ensure it
truly ends up with yielding a good, even great,
result, this is what I suggest you do:
like Atlas of old, but only for a planned five,
ten, even fifteen years to generate passive
income, in the form of interest, dividends,
rental, royalties and profits, which should be
reinvested so that what starts out as a trickle
turns into a torrent!
If you succeed,
you’ll have managed your time well ‘today’ to
reach bona fide financial freedom – when your
passive income stream or river meets all normal
living expenses – ‘tomorrow’.
That extra time
tomorrow, which extra money from focused extra
workaholism today, boils down to extra life.
Surely that is a goal worth realigning all your current
workaholic tendencies for!