What do you value more: time or money?

August 8, 2011

By Lindsey Hobbs, Communications Intern

iStock_000013884892XSmallThey say that money doesn’t buy happiness. But, then again time is money, so which is really more valuable?

If you think about it logically, the money you make from work buys you vacations and items that you enjoy during your weekends and days off. However, you wouldn’t get to enjoy those things without the time away.

TIME magazine published an article that cites a new study by the Association for Psychological Science, which says time is clearly more valuable than money. However, Forbes magazine has an article that explains how consumers are more likely to feel attached to a product if advertisers focus on the price associated with the product instead of the time spent using it.

Clearly, the answer to this question depends on the person, but I think everyone can agree it’s most healthy to achieve a balance in one’s life between investing in time to recharge and making money.

In an era of ever-present online communication, people are in a way connected to work 24/7 with emails on their smartphones and instant messaging, so they’re working around the clock even if they think they’re engaging in and enjoying “free time.”

Sure, staying plugged in at all times may increase your productivity, but it’s also exhausting and can cause a person to miss out on some of the little, and sometimes most important, experiences in life.

Take some time to unplug. Turn off your phone for a few hours while you go to a movie or out to a restaurant. Seriously, turn it off. You can do it … There. Now isn’t that liberating? (Or completely nerve-wrecking. Don’t worry, that feeling will pass.)

And in a broader sense, take time for relationship building during work as well. Especially for small business owners, networking and building relationships with clients is just as important as churning out a product, because if your client isn’t happy they won’t return for future business or recommended you to others.

This may seem like common sense, but you’d be surprised at how many people need to be reminded. It’s all too easy to get swept up in the rush of everyday life.

After all, your phone just alerted you to five new tweets from Twitter and your sister just posted Facebook pictures from her vacation and the client you’ve been playing phone tag with all week finally responded to your email at 10:30 at night because he’s in China and it’s 10:30 in the morning there.

Yes, those things are all important. But so is your sanity. Work hard to buy that Jacuzzi. But then remember to take the time to actually use it.

What do you value more and why?

We want to hear what you value more, time, money or something else, and why. Leave your comments below.


The true value of mentoring

August 5, 2011

By Lindsey Hobbs, Communications Intern

iStock_000012702955XSmall“You’ve got a friend in me.” “Two heads are better than one.” “It takes two to tango.” Clearly, we as humans function better when we’re working with someone else.

I frankly wouldn’t be at OSCPA right now if it weren’t for a mentor who taught me how to write and opened doors for me with his networking connections.

And that’s where the true value in having a mentor lies.

Defining the mentor/mentee relationship

A mentor can provide a new way of looking at things and the relationship can be as formal or informal as you want. The experience is your own and how you and your mentor decide to shape it will impact the worth of the relationship.

Someone who has experience and is willing to share his or her experience can be invaluable to a person’s career. Whether you are simply going out for coffee to ask advice, or are using your mentor to help you network with future employers, the benefits are endless.

What separates a mentor from the typical contact you make by mingling and exchanging business cards is a long-term commitment and a genuine concern about your future. This mentor will probably be in a professional position that you are aspiring for one day, and you will respect this person enough that you enjoy being around him or her, but you will also be able to take some constructive criticism from this person when it is dished out.

Finding a mentor

Before you can be connected with a mentor, it’s important to decide what you’re looking to get out of the connection. Are you searching for someone who is on their way out the door, and is looking for a successor? Or are you new in your career and seeking guidance on professional development, or somewhere in between?

No matter your reasons, finding a mentor can be a piece of cake if you’re willing to get out there. First, check with your company and any professional organizations to which you belong. Contact your alma mater to see if it has a formal mentoring program in place. In these types of situations, you will probably take a test of some kind that will help the program match you up with the best person for the job. Bam. Mentor assigned.

If that’s not an option, look around! Chances are if you’re outgoing enough, it will be easy to notice someone in your workplace or school with a similar personality as yours. And that’s the key, too. You and your mentor need to be able to click, and you need to both have the same goals for your mentoring relationship in mind. Your mentor should be motivating, and encouraging, and will hopefully provide feedback that will help you define your skills and grow in your career.

What’s working for you?

Do you currently have a mentor or mentee that you consult with regularly? What is your role, and what value have you received from the relationship? Let us know in the comments!

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