Money-rich and time-poor

Wednesday, May 04, 2016


With the numerous Concierge and Lifestyle Agencies in London now, how do the elite choose?

Money-rich, time-poor is an expression that’s been around since the end of the 20th century.
Although mainly applied to the wealthy, it actually applies to any social class which has an imbalance between work and leisure time.

A high disposable income often comes through blood, sweat, tears and very long hours, meaning that, when the time comes to relax, a little help is needed.

Concierge and Lifestyle Agencies are generally responsible for supplying the decadent trappings of life, whether people or possessions. They help time-poor individuals and families to make the most of their time and enjoy the life they’ve earnt.

This is a huge responsibility.

In any situation where HNWI’s ‘trust’ someone else to provide for them, the relationship must be strong. When the stakes are high, so too are the risks.

The degree of trust the individual or family puts in you, as a provider of exceptional service, is to be highly respected. When placing staff inside of HNWI families, it’s vital to get this right.

Imagine getting a staffing choice wrong when placing a chauffeur, a PA or, worst case scenario, a nanny. These staff are responsible for people, possessions, assets and reputations – that’s worth double checking on the ability of the staff member to fulfil the role properly.

For more information about how Dr Jon Dowd can help Concierge companies do right by their clients, just email. Any time.

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In 2015, Andreas Lubitz deliberately crashed Germanwings Flight 9525, killing all 144 passengers and 6 crew. His mental health issues and suicidal tendencies went undiscovered for years by his employers.

Before today, everything that could have been done to avoid these things happening was being done.

But they still happened.

From today, everything - has changed.