The Hindu Business Line : Tourist income multiplier

A tourist pays money to settle his hotel bill. The hotel uses the money to meet costs incurred in meeting the demands of the visitor, such as food, drink, furnishing, laundry, electricity and entertainment. Recipients of the money, in turn, use it to meet their financial commitments.

Thus the money spent by a tourist multiplies many times over, explains A.K. Bhatia in The Business of Tourism: Concepts and Strategies (www.oxfordbookstore.com). TIM or tourist income multiplier, this is, but there can be leakages when expenditure is incurred to import products such as food and drink.

When, therefore, home-grown products are substituted for imported foodstuffs, a significant saving is effected, and TIM increases, explains the author.

Timely read, with the tourism season just around the corner.

Face reality checks

Getting feedback and interacting with others is critical for development, writes Judith Briles in The Confidence Factor (www.pearsoned.co.in). "Whatever kind of help you can get, get it and don't be afraid of it." Don't get stuck on `if only' or `tomorrow's another day', advises the author. Face reality checks, instead, and seek feedback.

"Consider doing jobs, chores, and things in a five-minute timeframe versus a block of the entire afternoon. Literally, one step at a time," Briles counsels.

"If you have one leg in tomorrow and one leg in yesterday, you're sabotaging today... Trusted others can give you appropriate feedback, encourage you to move on and make today the real thing versus fantasy."

A book that can charge you up.

Creative power of time

The fourth dimension of time mastery is about the `power of now', says Anuj Khare in The Mercedes and the Missing Clock (www.vivagroupindia.com). This dimension is achieved through `the freedom of thoughts and actions one gets by simply choosing to get excited about life,' explains the author.

"Simply choosing to be truly passionate with a single-minded focus in whatever we do."

Khare calls it the creative power of time, which is absent when one is in `a perpetual state of some other thought' or is `a victim of distractions'.

Rule 1, therefore, is to make the best use of time now! "A simple solution to all who feel that they are unable to decide which activities to undertake in their limited time, it is best to ask: `What is the best use of my time, now?' The first answer that comes to your mind will be the right answer."

A fable that can offer a good return on time invested to read it.

Tailpiece

"He thinks that nobody should ask him why he sleeps at work!"

"How do you know?"

"Saw that in my dream!"

http://BookPeek.blogspot.com

D. Murali