The power of passion and perseverance
Publisher: Scribner Book Company
Published: 03 MAY, 2016
Warren Buffett Warren Buffett taught private jet pilots how to prioritize in three steps. Looking at a loyal private jet pilot, Buffett asked if you had a big dream other than to take me to my destination. When the pilot said yes, Buffett explained the three steps in prioritization.
First, I use 25 professional goals.
Second, circle the five most important goals as you reflect on yourself. You must choose only five.
Third, look closely at the 20 uncircled goals. Those 20 are things you should avoid at all costs. This is because it will distract you, deprive you of time and energy, and rob you of your eyes from more important goals.
When I first heard this story, I thought, 'Who has 25 career goals? Doesn't it make sense?' And I wrote all the projects I was working on on paper. When I reached the 32nd line, I thought this method could help me. Interestingly, most of the goals that immediately came to mind were medium-level. Generally, they use medium-level goals when asked to write a few goals, not just one.
To help you prioritize, I added columns to summarize each task's interest and importance. I scored each goal from 1 to 10 in the order of low interest and low importance. Then, I multiplied the two scores for each item to obtain a score from 1 to 100. No goal produced 100 in 'interest x importance,' but no goal made 1. Buffett advised me to circle only a few of the most exciting and essential goals and demote the rest to the category of things to avoid at all costs.
I realized that many of my goals were interrelated. The only ultimate goal was to help children achieve their well-being, primarily to achieve them. There were only a few career goals that I didn't. I reluctantly put them on my list of must-avoid goals. If I were to sit down with Buffett at any time and look at my goals together (which isn't possible because my needs can't be in his system of goals), he would undoubtedly tell me that the key to prioritizing lies in realizing that time and energy are limited. There are times when successful people have to decide what they don't have to do to determine what to do. I know that. But I still have a long way to go in that direction.
You cannot move forward if your activities are divided into different, high-level goals. There should be only one ultimate goal. However, I would like to point out that conventional prioritization is insufficient. There will be severe conflict if your activities are divided into different, high-level job goals. The compass in your mind should be one, not two, three, four, or five. Therefore, you will add one step to Buffett's third prioritization stage. It asks yourself, 'How much do these goals contribute to a common goal?' The more parts of the same goal system and thus the more you aim for the same ultimate interest, the more passion you are focused on.