Much of what we do as white-collar workers is to listen, think, create, communicate and sell. Two ways to do this is to use “leverage” and “momentum”. Scale: You can scale yourself and your impact and therefore save time. If it is not one of those four outcomes and it is avoidable, why are you doing it?ģ. Either you 1) earn a financial reward, 2) learn something new, 3) help someone else or the team get better or 4) experience feels good. However, for many of the errands you run and the assignments you take on at work, it is important to ask if you can outsource or delegate or find a colleague who is better than you.ī) Positive Outcome: Where you can choose you should only do things which give you a positive outcome. Some focus areas are easy like being a spouse or a parent, since you should be able to do this better than other folks. Two key filtersĪ) Comparative Advantage : Spend your time doing things that you can do better than most people. Focus: The key to doing less is to focus. Showing how busy you are does not show how important you are.Ģ. Doing more stuff is not the same as achievement. Usually all they achieve is more multi-tasking and more frenzy. They multi-task and run around in a frenzy. Eliminate: Many people recognizing the limitations of time tend to try to do as much as possible. Persistence: They just keep on going through adversity and setback and they remember Queen Elizabeth the First who said “ Time dissolves more problems than man solves ”ġ. See early what others see late : Almost every successful person or company recognized a trend when it was a little stream rather than a gushing river and then committed to align with it. The Power of Compound Interest/Compound Improvement : The most powerful concept in gaining wealth or knowledge is continuous growth over a sustained time. Three behaviors/beliefs that are common to most successful individuals and firms: We say we’re stubborn on vision and flexible on details” Jeff Bezos We’re willing to plant seeds, let them grow-and we’re very stubborn. At Amazon we like things to work in five to seven years. Just lengthening the time horizon, you can engage in endeavors that you could never otherwise pursue. “If everything you do needs to work on a three-year time horizon, then you’re competing against a lot of people, but if you’re willing to invest on a seven-year time horizon, you’re now competing against a fraction of those people, because very few companies are willing to do that. Successful firms and people use time as an edge.
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