Money-rich, time-poor. It’s a phrase that comes from a book by Rob Parsons, called The Heart of Success: Making it in business without losing in life. And it’s a phrase which probably doesn’t need an explanation. Basically, though, it’s about achieving a proper balance between achieving business goals and maintaining a high quality of life. If you’re reading this, the chances are that it’s a problem you’re very familiar with.
But being familiar with a problem doesn’t necessarily make it easier to solve. Which is why so many people in this position fail to solve it – they make lots of money, but they continue to do all the drudge work. As a result, they miss out on many important aspects of life, such as having quality time with family and friends, and enjoying the downtime they deserve.
Of course, it’s a problem that been around for decades, even centuries. And the concept of a concierge dates back just as long. In fact, the roots of the word, “concierge” come from the Latin conserves, meaning “fellow slave”, though the word itself (“concierge”) is French, and means “keeper of the keys.” During the Middle Ages, you see, when the nobility entertained guests at their castles, someone (a concierge) was appointed to look after the keys to the rooms, and ensure that guests had everything they needed. This evolved into a more general role, so that, by the 1800s, many European organisations, ranging from government offices to prisons, employed their own concierge.
Today, of course, the word “concierge” is essentially just another term for personal assistant. And it’s a service that has proved so popular that it’s given rise to an entire industry. As more and more people find themselves victim of the money-rich, time-poor phenomenon, the demand for personal concierges have skyrocketed. The (2018) global concierge services market size was valued at over half a billion pounds (£500 million) and is expected to grow by about 5% year-on-year, from 2019 to 2025. This should be no surprise when you consider that many top managers, VIPs, celebrities and other high net-worth individuals have recognised the enormous benefits of outsourcing routine or specialised tasks to help them achieve a better work-life balance.
Interestingly, though, the very popularity of the concept among the rich and famous has led, in recent years, to a misunderstanding. Most people think that a personal concierge is something which is affordable only by the ultra-wealthy. This may have been true once, but it’s no longer the case. True, a personal concierge isn’t within the means of everyone, but they are surprisingly affordable – especially when they are made available through specialist companies like ReQuest which offered tailored packages to suit individual budgets. If you’re looking for someone to work closely with you on every aspect of your life, and assume key responsibilities on a 24/7 basis, we can provide that person. However if you’re looking for somebody to work in a more limited capacity and take responsibility for the tasks you hate most , we can supply someone to meet those needs too. Basically, whatever your budget, we can work to it.
So, if you’ve been thinking for a while that it’s time you gave yourself more time to sit back, relax and enjoy the things you enjoy doing most – give us a call. We’ll be glad to help.
