The following laws will provide guidance on how to act,
think and work in a lean way. You can apply these laws to
all areas of your life, work and business to get bigger
results from the time you invest.
1. Multiple Rewards
Aim to be rewarded multiple times for a single effort. Money
can be recovered but time cannot. Time gets spent. You can't
put it in a bank and you can't earn more of it. Wherever
possible, you should look for ways to get paid/rewarded
multiple times for each hour you invest. You will never
be truly independent if your income comes from your own
time and labour so package your knowledge as a product.
Once you have aproduct you can sell your packaged
time again and again.
2. Mistakes Are Gifts
Mistakes are nothing more than "Learning Opportunities".
The best way to learn more and grow more is to make more
mistakes. Mistakes are unavoidable when you're learning so
adopt a ready, fire, aim approach to decisions and learn as
you take action. If it doesn't work you can easily make
another
decision to put things right again.
3. Know When To Stop
Be prepared to stop what you're doing. Take stock and try
something different. Don't let pride, fear of ridicule or
ego get in the way of good judgement. When a mission is
over, learn from it and move on.
4. Use Your Levers
Do the little things that make the biggest difference.
Aim for maximum impact with minimum effort. Focus will help
but there are other forms of leverage too. Here are just
two.
OPT - Other People's Time. Don't be afraid to ask for help.
You don't have to do it all yourself. Use your network. Ask
and you shall receive. Give and you shall get.
Recycle - Learn to recognise value in everything you do.
Turn your ezine into a book and sell it. Write your words
of wisdom down and share them.
5. Don't Be Busy - Be Effective
Don't waste your hours simply being "busy". Being busy does
not cause you to be wealthy. So don't be busy - be
effective.
Remember the 80:20 rule. Typically 20 per cent of the things
you do will be responsible for 80 per cent of the results
you get. So focus on the 20 per cent that gets the result.
6. Always Look For The Easy Route
If there's an easy way to do something and a hard way - take
the easy way first. I call this "inspired laziness"
7. Measure Progress By What You Reap
The only truth is the result. Doing lots of things is not
the same as achieving lots of things. Measure progress by
your outcomes not your inputs.
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![]() Google News Updated : Wed, 09 Jul 2008 07:08:13 GMT Ex-Secretaries Suggest New War Powers Policy - Washington Post
Washington Post - The next time the president goes to war, Congress should be consulted and vote on whether it agrees, according to a bipartisan US study group chaired by former secretaries of state James Baker III and Warren Christopher. Video: Panel Calls for New War Powers Legislation War Powers Act needs fixing, bipartisan panel says Publ.Date : Wed, 09 Jul 2008 03:48:10 GMT Coalition launches push for health care reform - Milwaukee Journal Sentinel
Milwaukee Journal Sentinel - By GUY BOULTON An array of unions and liberal activist groups in Wisconsin have joined a national coalition that plans to spend $40 million to push for health care reform, particularly universal coverage, in the coming election. Coalition to lobby for US health-care reform $40 Mill Health Care Reform Campaign Launches Publ.Date : Wed, 09 Jul 2008 04:17:57 GMT Bush Won't Back Setting Timeline for Troops in Iraq, Aide Says - Bloomberg
Bloomberg - By Catherine Dodge and Roger Runningen July 9 (Bloomberg) -- The Bush administration rejects setting any ``arbitrary'' deadline to withdraw forces from Iraq, the president's spokeswoman said after an Iraqi official said his government wants a timeline ... Video: Iraqi PM Calls for Withdrawal Date Maliki's Withdrawal Card Publ.Date : Wed, 09 Jul 2008 06:24:10 GMT Afghan Bombing Sends Stark Message to India: With Power Comes Risks - New York Times New York Times - By SOMINI SENGUPTA NEW DELHI - The suicide bombing on Monday outside the Indian Embassy in Kabul was the latest and most audacious attack in recent months on Indian interests in Afghanistan, where New Delhi, since helping to topple the Taliban in 2001, ... Video: Mourning for Kabul blast victims - 08 Jul 08 Pakistani PM calls for joint efforts to fight terrorism Publ.Date : Wed, 09 Jul 2008 03:32:49 GMT Study Finds Flawed Practices at Ratings Firms - New York Times
New York Times - By MICHAEL M. GRYNBAUM The analyst at the credit ratings agency was blunt: “Let’s hope we are all wealthy and retired by the time this house of cards falters. SEC criticizes credit-rating firms SEC finds conflicts at rating agencies Publ.Date : Wed, 09 Jul 2008 02:20:01 GMT Alumina Shares Gain as Profit at Partner Alcoa Tops Estimates - Bloomberg
Bloomberg - By Rebecca Keenan July 9 (Bloomberg) -- Alumina Ltd., owner of 40 percent of the world's biggest producer of the material used to make aluminum, rose the most in more than five months in Sydney trading after partner Alcoa Inc. reported profit that ... Alcoa Profit Tops Estimates After Price Rise Alcoa beats the Street Publ.Date : Wed, 09 Jul 2008 03:09:46 GMT Google Introduces a Cartoonlike Method for Talking in Chat Rooms - New York Times
New York Times - By BRAD STONE Google, known for its plain-Jane approach to Web design, has come up with something much wackier. On Tuesday the company introduced Lively, an online tool that allows people to embody a cartoonish online avatar and have text-based ... How Lively? Google’s Me-Too Virtual World Virtual Worlds Are So Hot Right Now: $345 Million Invested So Far ... Publ.Date : Wed, 09 Jul 2008 02:21:46 GMT RSS Parser |
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