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Ian Schrager's Guide To Staying Successful, Hip and Color-Coordinating Your Pens

November 13, 2007 at 3:20 PM | by juliana | 2 Comments

In the latest issue of Fortune magazine, hotelier Ian Schrager drops his own "secrets to success" in the latest installment of the mag's "How I Work" feature.

These helpful hints aren't really for any aspiring hotelier. Rather, they are hints for already famous and successful men who need to stay on top of their game. And Ian Schrager stalkers will probably enjoy this piece too. It's like a Tiger Beat article for hotel freaks.

Some insights into the mind and life of Schrager:

· Ian probably loves Back-to-School shopping: "My most important tools are my yellow legal pad, black felt-tip pens, yellow highlighter pens to make the numbers really jump, and a red pen to indicate something really important."
· Ian does not run on Dunkin': "My Starbucks coffee--it is like a pacifier."
· Ian has daughters. And they like High School Musical!: " Ideas come from everywhere. I saw my daughters react to High School Musical, and I got interested." Does this mean there's an HSM-themed hotel in the works?
· Ian loves vacationing. Correction. He needs to vacation frequently: "I just came back from Turkey, and I find myself incredibly effective and enthusiastic about my work....You'll find some of those things in my next project."

We are a little disappointed that he didn't include a bit on grooming and personal health. We'd love to know how he gets his Mystic Tan just the right shade of bronze. And does he use Crest White Strips or BriteSmile?

Because we would never deprive you of such important information, we have posted the full text of Ian's tips after the jump.

 

From Fortune, November 26, 2007:

1. MAKE LISTS. Besides my BlackBerry and cellphone, my most important tools are my yellow legal pad, black felt-tip pens, yellow highlighter pens to make the numbers really jump, and a red pen to indicate something really important. The process of making to-do lists helps me focus. I make one every Sunday, and then have longer-term lists as well. They keep my head above water. Along with my Starbucks coffee--it is like a pacifier.

2. CHANGE YOUR NUMBER. I get inundated with e-mails, so I keep my BlackBerry address private. Only the people at the highest levels have it, and that allows me to focus on time-sensitive issues. But that exclusivity ultimately gets eroded. I've had the address for a year. It's gotten out, so now I'm changing it.

3. CUT BACK ON MEETINGS. Always question whether a meeting is still necessary. Sometimes the structure gets set, and it's hard to remove because we're creatures of habit. When I was opening the Gramercy Park Hotel, I'd have weekly meetings with the PR staff to keep their feet to the fire. But after a while it wasn't necessary anymore, so we stopped. And a time slot opened.

4. LEAVE YOUR DESK. I fight not to get absorbed by administrative detail and turn into a desk jockey. As you get bigger, you get further away from what you really love to do. I'm happiest when I'm in the field. There's no paper, no memos, no time between idea and implementation. I accomplish more.

5. WATCH POP CULTURE. Ideas come from everywhere. I saw my daughters react to High School Musical, and I got interested. Why is [it] a phenomenon? Things don't just happen. They're a manifestation of something going on in our culture.

6. TAKE VACATIONS. Being effective is not so much about saving time as it is about staying focused. That requires frequent vacations, maybe every six weeks. I just came back from Turkey, and I find myself incredibly effective and enthusiastic about my work. Seeing the use of color and patterns and the Byzantine architecture had its effects on me. You'll find some of those things in my next project.

2 Comments

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  1. amandak

    HotelChatter Member

    Re: Ian Schrager's Guide To Staying Successful, Hi

    Damn, that's why I'm not a millionaire yet. I've got the wrong colored pens.

    And I wonder if you can help me out here - as an Aussie, I've never understood the yellow legal pad thing. Why yellow? We just use white or environmentally-friendly off-white. But movies, books and now HotelChatter constantly tell me the yellow legal pad is the thing to write on. What am I missing?

    November 14, 2007 at 8:24 PM
  1. juliana

    HotelChatter Editor

    Re: Ian Schrager's Guide To Staying Successful, Hi

    really, aussie's don't have yellow legal pads? i have no idea why yellow is better but it is popular with our lawyers. maybe your barristers like their pads to match their wigs. ;)
    November 14, 2007 at 10:07 PM

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