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When it comes to professional inspiration, it’s hard to top Warren Buffett. That’s why staying motivated and reaching your 2016 goals should start with his 25/5 Rule. Never heard of it? Read excerpts from this enlightening story…
Buffett was amazed that his pilot was still working for him after several years, rather than moving on to reach his own goals and dreams. So Buffett challenged him to make a list of the top 25 things he wanted to do in the next few years—or even at some point in his lifetime, telling him, “Just jot down anything that comes to mind as being important to you that isn’t currently a part of your life.”
Once his pilot completed his list, Buffett then asked him to review and circle the top five most important to him—the ones he wanted more than anything. It was difficult for his pilot to choose, but Buffett insisted he identified the absolute highest priorities from this list.
His pilot determined his top five and discussed details with Buffett about how he’d reach these five goals. Buffett then asked: “What about the other 20 things on your list that you didn’t circle? What is your plan for completing those?”
His pilot replied, “…The other twenty come in at a close second. They are still important, so I’ll work on those intermittently, as I see fit, as I’m getting through my top five. They are not as urgent, but I still plan to give them a dedicated effort.”
To that, Buffett responded sternly: “You’ve got it wrong. Everything you didn’t circle just became your ‘Avoid-At-All-Cost-List’. No matter what, these things get no attention from you until you’ve succeeded with your top five.”
Read more about this story at www.StableInvestor.com. Then when you’re ready to think about your 2016 business goals, start with that 25-item list. Pick the top 5—that is your focus. Keep a keen eye on what’s most important for your business, your team and your customers. Build your daily tasks around accomplishing these goals without distraction. You’ll likely be amazed at what transpires when you pinpoint your energy and talents on your top 5.