A financial advisor from Radnor is highlighted in a Financial Times story that weighs the merit of entrepreneurs taking extended breaks from the everyday grind to think strategically or recharge.
During a 20-year career in the US banking industry, Jim Hemphill did not take a single holiday that lasted longer than 10 days.
It looked unlikely he would alter this dedication to the workplace when he switched from being an assistant vice-president at Merrill Lynch to co-found TGS Financial Advisors in 1990. After all, starting a business tends to demand more of your time, not less.
But then Mr Hemphill, who is based in Radnor, Pennsylvania, joined a programme that explicitly teaches ambitious entrepreneurs to take time off from their companies. He began to change his habits with an extra day’s holiday, in which he completely separated himself from the office. He then progressed to a week. This built to a point where, a decade later, Mr Hemphill told his wife that he wanted a year away from the business in order to travel with her and their three children across 25 countries in three continents.
Original source: Financial Times
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