CEO Karthik Ganesh possesses 89 personal goods at the moment. If that surprises you, you should know that the board director of EmpiRx Health, a pharmaceutical benefits management firm, has owned less than 100 personal things during the past 15 years.
The explanation seems to be as straightforward as it is powerful. According to Ganesh, he is more productive when he owns fewer things. According to him, the fewer things he possesses, the more freedom he has.
Ganesh counts each item separately and claims that he wouldn’t be too concerned if he had to “pack up all of his stuff tomorrow”. Ganesh tells CNBC Make It that it has been “very liberating.” “Being detached from things allows you to cope with life, job and family with better dispassion… You may react to situations completely differently since your judgment is clear.
Additionally, this way of living entails saving money and just keeping things that have value. Ganesh also used this minimalist strategy in his leadership style.
“Three-year strategy plans are not implemented by us. We really have a 10-month strategy in place, and we go through it very often,” he told the outlet.
“Disappointment and obstacles in life result from making plans that you become emotionally committed to and hope will work out. You then become disheartened when it doesn’t happen. What if you didn’t feel a connection to it? What if you decide to develop a strategy and declare that you would exert all of your effort to see it through? But it’s alright if it doesn’t. I’ll leave and try another thing.
Ganesh has been able to “think about tactics that influence individuals and the firm quite differently” as a result of the “minimalism” strategy, and as a result, “we are able to enjoy the trip.” His strategy appears to have spread to his staff as well; some even email Ganesh pictures of their clean workstations and closets. He claimed that simplicity made them feel “uplifted.”
“Hey, I feel lighter,” they exclaim as they reach out. I’m more relaxed. It enabled them to experience joy. They were able to concentrate on the things they could manage since they felt like they had no control over everything else. And that was really important to them,” Ganesh told the media.