"Never pass up an opportunity to tell others what you are doing today and how it supports your goals. Your words are the seeds of your commitment and passion." - from 107 Ways to Stick to It
We live in a high-speed world that requires us to accelerate our decision making if we want to succeed. The best way to slow down your competitors is to speed up your decision making.
The 80/20 Principle can help us make high-speed decisions. Imagine sorting all of the daily decisions you make into piles—important and unimportant. Typically, only about one in five decisions will fall into the important pile. Don't hassle with or spend much time on the 80 percent of those unimportant decisions. In fact, try to delegate these. Focus your efforts on the most critical 20 percent of the decisions.
Go even further to apply the 80/20 Principle to your important decisions. Gather 80 percent of the data in the first 20 percent of your time available, then make the decision and act as if you were 100 percent certain!
We should re-apply our learning from 80/20 decision making. If our decision is not working, we should change our decision sooner than later. On the other hand, if our decision is working, we should double our efforts. Even if we do not yet fully understand why it is working—results are results. Of course, we should simultaneously try to identify the underlying forces of our success.
We live in an information-rich, time-poor world. So, low speed, low gain, but high speed will reign!
