Episode Number 43Alan Weiss on Real Wealth

You don’t become known as the Million Dollar Consultant by not understanding how to get things done. Alan Weiss is a consultant, speaker, and author. His consulting firm, Summit Consulting Group, has attracted clients such as Merck, GE, and Mercedes Benz. His books have been translated into many languages including his groundbreaking text, Million Dollar Consulting. With all of these accomplishments, you might be surprised at how Alan defines real wealth.

Show Notes

Alan Weiss is someone who can call himself a consultant, speaker, and author and mean it. The New York Post called him "one of the most highly regarded independent consultants in America" with clients from over 500 leading organizations. He's a member of the Professional Speaking Hall of Fame and has written more books on consulting than anyone else.

However, in many of his books, Weiss notes that your real wealth is not defined in monetary terms. Rather, he is famous for noting that real wealth comes in the form of how much discretionary time you have. "Time is not a resource, it's a priority," he added. Similarly, money is also a priority. We choose how to allocate both.

When it comes to managing these priorities, Alan shared his take on splitting your personal and professional time. "We don't have two lives — work and personal. We don't have an on/off switch — it's more like a restat." We also explored coaching behaviors, the guilt that comes from feeling like you should be working all the time, and how someone in an office can reclaim some of their wealth. Alan also shared his own daily schedule (he starts his day early and ends early).

For shout-outs and shameless plugs, Nick reminded listeners that the code worktalk gets them special rates to any of his events including the Social Strategy Boot Camps and this fall's Social Brand Forum, while DJ gave a shout to the TASTEdaily email newsletter. Alan offered a much deserved shout-out to those that work with the welfare of animals, especially his friends at the East Greenwich Animal Protection League. He also shared his common sense weekly video series for just $1 per video.

Until next week, we'll see you on the Internet!

Here's an Idea on How to Spend Your Discretionary Time — If you liked what you heard (or even if you didn't), head over to iTunes and give us a quick rating and review to help others find the show.