23

NOVEMBER, 2016

Business
Habits
Strategy

Are you taking the time to determine what NOT to do?

Most of us are aware of “The Pareto Principal’ or ‘The 08/20 Rule’ which basically states that 80% of the results come from only 20% of the inputs/actions.

However, many people misunderstand that this does NOT mean that you still have to do 100% of the actions.

To truly become EFFECTIVE and maximize this principal, you have to take the time and put in the effort to determine WHAT 20% of the actions created the 80% benefit AND THEN STOP DOING THE OTHER 80%.

That’s right. STOP doing the other things. Focus on ONLY those things that you have determined created the 80% benefit.

As Tim Ferris (author of “The 4-hour Workweek”) says, create a NOT TO DO list.

This takes work. It is not always clear and will require dedicated effort. Many times, you will not know and have to set up additional measurement to really find out.

Many people fail to do this and continue to be ‘busy’ with things just because they are unwilling to do the work. It is amazing how we will cling to things that keep us ‘busy’ rather than be willing to sop doing things that keep us from being EFFECTIVE.

“Being busy does not always mean real work.
Seeming to do is not doing.”

– Thomas A. Edison

Are you BUSY or EFFECTIVE?

Do you, on a regular basis, take the time to analyze why you are doing certain activities?

Are you willing to focus on doing ONLY those things that result in the 80% benefit?

Try NOT doing some things that are not contributing to the 80%. It will be harder than you expect but well worth the resulting effectiveness and improvement in your life and business.

As always,

Stay On The Rise!

JT

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