“Decide what you want, decide what you are willing to exchange for it. Establish your priorities and go to work.”
~H. L. Hunt
This advise was given by Warren Buffett, one of the richest man in the world, to his pilot who has been flying him around the world for the past 10 years.
When the pilot asked Warren on how he manages to get things done, this was what Warren said:
- List down 25 things you would like to do.
- Circle the top 5 things that are most important to you.
- Break the list to two: one has your top 5 items, the other has the balance 20 items.
- Now make plans on how to achieve each item in your top 5 list. These plans should be concrete, step by step items.
- The other list with the balance 20 items becomes your AVOID AT ALL COST items. Dont touch them until you have reached your top 5 goals.
The secret in his method is not in choosing what to do. It’s choosing what not to do. This is where everyone errs. We try to juggle and dissipate our energy over so many things that we achieve average results in everything. High performance people focus on only a handful of items and excel in them.
Ladies and gentlemen, this is how Warren Buffett achieves his goals in life, don’t you think it might work for you?