Prepared for Panashe M. | Delivered July 29, 2019
Counterintuitive Productivity Hacks for Wealthy People
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To identify counterintuitive productivity hacks for wealthy people or ways in which wealthy people can leverage their money to be more productive for purposes of self-improvement.
Preliminary research shows there are many
hacks or other ways in which wealthy people can leverage their money to become more productive. A few of our findings are below.
One productivity hack for wealthy people
to equip their house with a
This allows them to work out any time of the day without worrying about
to an off-premises gym.
This particularly boosts productivity "since you have your shower, clothes, water, and food all right at home, [so] you
cut back dramatically
on the total time dedicated to the process of exercise."
Having enough money to purchase high-end equipment such as free
weights, cardiovascular machines, and mirrors
can turn a home space into a private, personal gym that is available 24 hours a day.
FULL SERVICE TRAVEL AGENT
For wealthy people who spend significant time traveling, employing a
full service travel agent
can make them more productive.
Full service travel agents handle every aspect of travel from
and arranging visas to handling foreign money exchanges.
Another perk of full service travel agents is if the traveler runs into any problems while out of town, the
agent will deal with them
. There is no need for the traveler to get involved, which increases the time they have available to be more productive.
HIRE OUT HOLIDAY DECORATING
The holidays can be very stressful due to the added responsibilities, one of which is
Hiring out the holiday decorating can take this stressor off a wealthy person's plate by
fully decorating trees
, installing wreaths, adding lit and unlit garlands around staircases, and putting up indoor and outdoor lights.
One wealthy individual indicated he spends
on a fully decorated tree each year.
HIRE A PERSONAL SHOPPER
A personal shopper can
cut down on the time
required for shopping for clothes, gifts, and other items.
Personal clothes shoppers
take a person's measurements
and purchase clothing whenever styles change or whenever the individual needs a wardrobe refresher.
Shopping for gifts can be a very time-consuming process since to find the perfect gift can mean spending hours
browsing and researching
either online or in person.
A personal shopper can perform these time-consuming activities on behalf of a wealthy person, who only needs to describe the recipient and occasion so the shopper can
deliver the perfect present
, on time and with zero stress for the wealthy individual.
Hiring a personal shopper who is on call is one option, but there are services like StyleLab that can be
hired on demand
MEDICAL HOUSE CALLS
Wealthy individuals can pay to have doctors
come to their homes
for medical visits, which increases productive because there is no travel time to the doctor's office and no down time waiting for a doctor to finish with previous patients.
While many wealthy people can simply
contact their physicians
or medical clinics to set this up, there are also
that offer house calls on demand.
These services, like
, allow members to get their medical services delivered to their homes within two hours.
INSTALL A HEATED DRIVEWAY
Wealthy people who live in cold climates can
install a heated driveway
to reduce or even eliminate the need for shoveling snow.
Moreover, this increases productivity because the individual will not have to
wait for a plow
or a hired shovel to clear the driveway so they can get to work.
Heated driveways are expensive (costing about
to install one under asphalt and
to install one under concrete), but they are one way to reduce household chores and increase available time.
By paying for
, there is no need to go through the security process.
This privilege also allows them to
skip luggage screening
and drive or walk right up to the plane.
This increases productivity because there is no need to stand in line for
, no need to wait for the plane to board the rest of the passengers, and no need to worry about tracking down misplaced luggage, all of which are time suckers.
Your research manager recommends working with a
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