New Year's resolutions, Warren Buffett and the 10/3 rule
Ah...the New Year.
A time for quiet reflection and a chance to make some positive changes in your life.
But where to start?
Most of us have a laundry list of items we’d like to improve upon.
The challenge is that we are often unrealistic about the number of goals we set ourselves.
This is where the 10/3 rule comes in handy. (The credit for this one goes to Warren Buffet as it’s based on his 5/25 rule for setting priorities).
First up, grab a pen and paper then...
1) Make a list of the ten things you’d most like to level up on.
2) Put them in order of importance.
3) Finally, move the bottom seven items on the list into a seperate column.
The three remaining items are the ones you’re going to focus your energy on.
Whilst it would be great to complete all ten challenges it’s highly unlikely because, well, life gets in the way.
Your sole focus is on achieving the three that are the most important.
To help keep them top of mind, consider putting them down in a prominent place like on your bathroom mirror or saved as an image on your phone lock screen.
If you do manage to ace them all then you can return to the list of discarded items and pick something else to work on.
It’s already the fourth of January so time to get started! Good luck!