Time not equals money. Results equal money.
A leader has to be a good planner.
Essential part of your day which determins your daily effectiveness is the time before you even start to work. Before you start, always ask yourself, “What is the most important task I have to do and will have the biggest impact on my life?”
Remember that our lifes are not only greatly affected by things we do but also by things we neglect to do. Nowadays, procrastination is a very common disease. In other words it is postponing things for tomorrow, for “better time” what kills the effectivenes in our lifes.
Everybody would agree that a leader must has results and must be effective. Having said that, not always is enough time to do everything we have planned to do. However, there is a way to be productive as never before.
Firstly, we need to understand how we get results. The results depend on the value we put into the time. That is the reason why we should start our work always from the biggest and the hardest tasks, the tasks which we often like to postpone so much.
In 1895, the Italian economist Vilfredo Pareto noticed that roughly 80% of the effects come from 20% of the causes. This rule can be adapted to every part of life, for expample:
- 80% of problems can be attributed to 20% of causes
- 80% of a company’s complaints come from 20% of its customers
- 80% of a company’s profits come from 20% of the time its staff spent
- 80% of accidents are caused by 20% of drivers
- 80% of my results are caused by 20% of my activities / 20% of my activities cause 80% of results
Therefore, it is so important to create a list of all your activities and define the top 20% to have better results in less time.