Your 7 Key to Business Success
Success
is a learn-able skill. It would be terrible for you to be held back in life
because you lack one easily learn-able skill that could enable you to multiply
your results and possibilities. The key to success is effective time management
and continuous learning.
In military parlance they use an
expression ‘force multiplier.’ A force multiplier is what enables a smaller
force to defeat a larger force.
One of the force multipliers that we study are,
speed; a smaller force moving with greater speed can take advantage of an
opening. Another is intelligence. In business the force multiplier of
intelligence means that you learn and you know things about your customers,
your markets and your potential that other people don’t, that enable you to get
a market advantage.
Become
a Self-Made Millionaire With These Leverage Factors
In order to become a self made millonaires
you must follow these 7 force multipliers or leverage factors so that you can
use it in your work to get vastly more done.
1.
Work Harder For Business Success
Just simply work harder. It’s
amazing how lazy people are, and how little they work and how much time they
waste. So if you make a decision to just work hard when you get to work, concentrate
on your task, put your whole heart into what you’re doing and just work, work,
work, you’ll find that one of the greatest reasons for success in life is that
people work harder.
Eighty-five percent of self-made millionaires said that the
reason they became millionaires starting with nothing was because they worked
harder than their competitors. They worked harder than other people. And you
can do the same thing.
2.
Work Faster
Pick up the pace. Pick up the tempo.
Imagine that you’re in a heck of a hurry and just work quickly. Do your jobs
quickly and get back to people quickly. A great time management
principle I learned was the principle of working in real time. That means that
when something comes up, deal with it now. When you get a phone message, phone
back immediately.
When you have to make a decision, make it immediately. When
you have to answer an email that’s important, do it now. Don’t accumulate
tasks. If the task can be done in less than 2 minutes, in almost every case you
should do it right away, and then get back to your main task.
3.
Work Longer
This again is one of the great
secrets of success. Start a little earlier, work a little harder, stay a little
later. Come in one hour earlier and get your day planned and get your work
under way before anybody else gets there. Work through lunchtime.
Don’t go out
for lunch, just eat quickly and then get back to work, and do more work. Then,
work an hour longer. Let everybody go home and crowd all the streets. You just
go in behind them in the slipstream, and you’ll get home at pretty much the
same time. But, you’ll get twice as much done if you start a little earlier,
work a little harder and stay a little later.
Here’s one of the great secrets for
success; always be there when your boss arrives and always be there when your
boss leaves. The boss will not mention it or comment on it for a while, but at
a certain point in time everything will start to change for you. You will
become known as the go-to person. You’ll become known as the person that, “If
you want something done, go to him or her.”
So working longer is really
important and can literally put you on the side of the angels. And if you
combine that with working harder and working faster, you’ll double and triple
your productivity, virtually the first day.
4.
The Key to Success is Working Together
Work in teams; work with other
people. There are some tasks that take an enormous amount of time for a single
person to do but with a large group of people, each one specializing and doing
part of the task, you can get a tremendous amount done.
I was at a summer fair where a home
builder raffled off a new home and they said that whoever won the home they
would build if for them in basically 48 hours. And that’s what they did. They
used a series of crews and literally built the entire home in two days.
Normally it would take at least six to eight weeks to build but they did it in
48 hours with everyone working harder, faster, longer, and specializing in
their particular area.
5.
Do More Important Things
This is a great leverage factor. The
80/20 rule; 20% of what you do accounts for 80% of your results. If you have a
list of ten things to do, two of those items will be worth more than all the
others put together. Discipline yourself to work on those items that are most
important because you are producing 5 or 10 times as much working on your top
tasks as working on your average tasks.
6.
Cluster Similar Tasks For Effective Time Management
This is one of the great time
management tools. Do all your reports at once; do all of your proposals at
once, all of your prospecting calls at once. Whatever they are, do them all
together rather than one here and one there, and one at another time during the
day. What happens is that when you do a whole series of similar tasks together
you get onto what is called the learning curve.
Whereas the first task may take
ten minutes, the next one will take nine, the next one eight, and the next one
only seven minutes. Pretty soon, you’ll be burning through the tasks at two to
three minutes at a time. You’ll save 50 – 80% of the time on each subsequent
task. You’ll get more done that you can possibly imagine. So do similar tasks
together.
7.
Get Better at Your Key Tasks
Get better at the most important and
most valuable things you do, and do them faster and do them harder and get them
done.
Now here is one of the greatest of
all rules, and it comes from a study by Robert Half International who found
that 50% of all working time is wasted. Fifty percent of all working time is
spent on things of low value or no value.
Fifty percent of working time is spent
in idle chit-chat with coworkers, checking email, reading the paper, drinking
coffee, going for breaks and lunches, coming in late, leaving early, going
shopping, and personal business. So here is the way that you overcome this
natural, habitual, comfort zone, path of least resistance tendency to waste
time and work, and that is to “work all the time you work.”
Thank you for reading this article
about how you can achieve business success through excellent time management.
Self-made millionaires are willing to put in the extra time and work in order
to achieve all of their goals. Please share and comment below!
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