ArticlesBase.com - Free Articles Directory
Free Online Articles Directory
09.07.2008 Sign In Register Hello Guest
Email:
Password:
Remember Me 
forgot your password?


What One Thing?

Author: Paul Lemberg Author Ranking Blue | Posted: 01-04-2006 | Comments: 0 | Views: 211 | Rating:  (57) Article Popularity - Blue (?) Got a Question? Ask.
Sign Up Now!

A few weeks ago I asked my readers what the most important issue was in their business. Hundreds responded with a variety of answers, but one of the most common was, "How do I get everything that needs doing done?"

Happily, I have an answer for this question, but like many things in life, it carries both good news and bad news. The good news is, if you are one of those fortunate few with access to unlimited resources, you can get everything done.

But that's really the bad news, isn't it.

Because among all the people I know - not a single one of them -not one - has access to unlimited resources. Even executives I work with whose budgets run into the hundreds of millions - even they do not have unlimited resources. Even they have to make choices and trade-offs.

Earl Nightingale once asked the question, "What one thing would you do if you knew you could not fail?" And Jack Palance's Curly in City Slickers, asked a similar question: "What is the one thing?"

Their questions contains seeds of the answer to this quandary.

Because all things on your plate are not created equal. They are not all important. They do not all have the same impact, the same dependencies, the same possibility of reward.

And even if you think they do, upon close examination you'll find they do not.

The trick of course, is to figure out the one thing that matters most...

Right now...

And focus on that.

Of all the ideas I have sifted through in my role as an executive coach and business coach among the most relevant is the concept of sacrifice. My definition is giving up something of value for something of even greater value.

Sacrifice is the key. You have to let go of your attachment to most things on your plate, and figure out what things are of greatest value.

You don't get everything done, and you can't get everything important done. If you select well, and are willing to sacrifice the rest, you can get the most important things done. By letting go of the rest, everything essential, everything vital, everything earth-shattering can be done.

Can you imagine what life would be like if you only worked on things that were earth-shattering?

While this seems simple, obvious even, most of us have struggled with it all our lives.

You probably have trouble figuring out, from day to day, what is going to make the greatest difference. I'd be willing to bet that if you take a look, you probably can't even figure out what the criteria are.

So let's go back to Earl Nightingale's question: What one thing would do if you knew you could not fail?

Look at the things on your to-do list this way:

What will have the biggest impact?

What will yield the greatest revenues and profits?

What will open the doors to the future you desire?

What has the strongest possibility of success?

What has the largest reward to risk ratio?

What will give you the finest return on your investment?

What will free up the most time?

What will free up the most resources?

What will help you realize your success strategy?

And, what will bring you closest to your goals?

If you can first figure out which among these questions are most relevant for you, and answer them for all your projects, you can rank the things on your plate according to what matters most and is absolutely essential.

And once you do that, you can figure out which among all the various tasks you have should - no, must - get your attention.

THOSE ARE THE ONLY ONES YOU WORK ON.

Get those done, and if you have time left over, turn your attention to the next batch.

I call it strategic focus. Figuring out what's really going to rock your world. Figuring out what is really going to deliver the goods. And working on those things.

Only those things.

The rest of it will simply have to wait.

Maybe forever.

If you can wrap your mind around this one simple idea, figuring out what to do next becomes pretty easy. And because you are focusing your energies on few things instead of many, things get done.

Best regards,

Paul Lemberg

(c) Copyright Paul Lemberg. All rights reserved

Rate this Article: Current: 0 / 5 stars - 0 vote(s).

Article Source: http://www.articlesbase.com/business-articles/what-one-thing-20675.html

Print this Article Print article   Email to a Friend Send to friend   Publish this Article on your Website Publish this Article   Send Author Feedback Author feedback  
About the Author:

Business Coach and Strategist, Paul Lemberg is the President of Quantum Growth Coaching, the world's only fully systemized business coaching program designed to create More Profits and More Life™ for entrepreneurs.

Submitting articles has become one of the most popular means of generating quality backlinks and targeted traffic to your website. Join us today - It's Free!

Article Comments

Comment on this article Comment on this article
Your Name
Your Email:
Comment Body
Enter Validation Code: Captcha


Related Articles

The Secrets Of Strategy - Part 1 Of 2
By: Paul Lemberg | 01/04/2006 | Business
A step-by-step guide to creating a growth strategy based on your current situation and future possibilities. I'll bet you think you already have a strategy.

Strategy Cycle
By: David Sharpe | 22/07/2006 | Strategic Planning
The strategy cycle is a simple tool that will help you to achieve the goals of your organisation. Consisting of four main phases, the cycle is an iterative process that you can use to build and improve your business year after year.

How Do you Define Business Growth?
By: Mark Akerley | 11/12/2007 | Management
Ask any business owner if they have a growth objective for next year and you're sure to receive a resounding “yes!”

Performance Appraisals: Ultimate Link Between Employee Performance and Financial Success
By: Gregory T Jerralds | 30/06/2008 | Management
This article focuses on the impact that properly aligned, communicated and executed performance appraisal programs have on employee satisfaction, performance, and overall business success.

The Secrets Of Strategy - Part 2 Of 2
By: Paul Lemberg | 01/04/2006 | Business
Of course you've heard that when you do what you've always done, you'll likely get what you've always got. In this case that means playing the tactical game: coming up with acceptable--or worse--comfortable options and executing them as time permits.

Train Your Mind Daily
By: Hirini Reedy | 14/04/2006 | Self Help
A daily mind-power routine is essential for long-term success. The mind has much more strength and intelligence than we consciously use. So by exercising the mind daily, we can access more of our inner potential.

To Achieve Exponential Growth, Avoid the Directionless, Wishful Thinking, and Helplessness Stalls
By: Donald Mitchell | 14/02/2008 | Business
Organizations often have bad thinking habits that create problems when buffeted by irresistible forces. Identifying those bad habits is the beginning of overcoming them. Be particularly concerned about being directionless, employing wishful thinking, and becoming helpless to respond.

Significant Changes Drive Profits: But is New Information Static or an Important Statistic?
By: Donald Mitchell | 11/03/2008 | Business
Irresistible forces can bring torrents of profit. But you need to stop the arrival of new forces and shifts in old forces before competitors do.

Got a Question? Ask.

Ask the community a question about this article:

Frequently Asked Questions

Is Michael Meisel of Demerest - Donnybrook road ...
By: Neil | 03-07-2008
Is Michael Meisel of Demerest - Donnybrook road - an upstanding individaul?

Tax help for independent consultants
By: Andres | 03-07-2008
How can an independent consultant get tax help or outsource their back office?

Would there be any harm to a private business ...
By: drabsv | 03-07-2008
Would there be any harm to a private business enterprise if they keep their whole (monthly) budget open to the public?

Portfoilo
By: sierra2010 | 03-07-2008
How or what is the best way to go about doing or creating a portfolio?

Monitoring energy consumption for large companies?
By: kingcantona | 03-07-2008
How are large businesses monitoring how much energy they consume? Shouldn't they be regulated more than residents?

Business
By: bbush | 02-07-2008
What word meaning "stole" is composed of two successive names for places to sleep?

Q&A Powered by:
Powered by Yedda 

Latest Business Articles

Undersell, Overdeliver
By: Charlie Karlheinz Lang | 08/07/2008
This article shows us how salespeople can undersell and overdeliver to get more success in sales.

Would You Like to Take the Pain Out of Giving Constructive Feedback? the Seven Steps
By: Julie Ellis | 08/07/2008
Pretty much all of us feel uncomfortable about giving feedback. If we don't know how to do it effectively, we can either avoid it or make a mess of the communication. This article gives the 7 steps in how to give constructive feedback in a way that works. It begins by asking us first to take responsibility for our own reactions so that they don't get in the way and then gives a step by step guide to achieving a positive outcome.

Are You a 'people-friendly' Manager?
By: Pat Brill | 08/07/2008
A "people friendly" environment reduces stress, decreases turnover, and supports higher levels of performance with employees. Organizations today are addressing the "people friendly" environment with additional programs that support work-life balance. And..that is great.

Locate Employment 101
By: Ed Opperman | 08/07/2008
Most people find services more convenient and easy. It takes away much of the arguments that come along with serving papers or repossessing property.

Connaught Opens Fund For Investors Tired of Products
By: Mark Smalls | 08/07/2008
Connaught Asset Management has launched a Guaranteed Low Risk Income fund, which company executives said is aimed at investors who have lost their appetite for investment products. It promises to pay a guaranteed annual return of at least 8.15 per cent, by investing in low-risk, short-term bridging financing. Investors who put in...

Capita Buys up Land For Future Planning
By: Nigel Walter | 08/07/2008
Funds seeking the UK sites most likely to obtain planning permission for buildings. Capita is to launch two funds to snap up land that could be used to meet the government's target to develop 4.2m homes over the next 20 years. Connaught Asset Management has been appointed by Capita as the specialist...

How to Expand an Office Cleaning/ Janitorial Business
By: Brent Wale | 08/07/2008
If you own and operate an office cleaning/ janitorial business, or looking to start one,Here's a way you can explode your income in your office cleaning/janitorial business without even getting any new accounts.

Feedback as a Competitive Sport
By: Jennifer Selby Long | 08/07/2008
A common roadblock to success is the use of feedback to win, to dominate the person seen as the opponent. Dealing with this can affect your happiness and your sanity. Organizations in which leaders and managers routinely share high-quality feedback are easier to scale and have fewer nagging problems and less operational drag.

More from Paul Lemberg

Top 5 Mistakes Business Buyers Make When Buying A Business
By: Paul Lemberg | 04/02/2008 | Management
Entrepreneurs who are buying a business tend to get excited and emotional over the prospects of their new opportunity, often forgetting to apply some basic rules which might save them years of pain and suffering. Over the years I have worked with many a number of them and I have...

Getting Things Done With Unreasonable Requests
By: Paul Lemberg | 01/10/2007 | Management
Your number one job as an extraordinary entrepreneur is to have an extraordinary vision. Your number two task is to execute until that vision comes to life. If your vision is important enough you most likely can't do it all yourself. That's why you build an organization in the first place....

Tracking For Profits
By: Paul Lemberg | 17/04/2006 | Business
If you can't track it, don't do it. Every high-performance venture needs a tracking system. A tracking system with well-designed metrics lets everyone know how well they are doing relative to their commitments.

The Vital Few
By: Paul Lemberg | 17/04/2006 | Management
Back in the 19th century, an Italian economist quantified the general relationship between a minority of producers and a majority of output.

Strategy As Invention
By: Paul Lemberg | 17/04/2006 | Management
Rather than view strategy as a selection of options, here is another approach: creation or invention.

Next Years Planning
By: Paul Lemberg | 17/04/2006 | Management
I'm amazed at how each year slips by just a little more quickly. Only a few weeks ago I was running the San Juan River in Utah - blazing sunshine and ninety degrees in the shade. Now it's Fall already.

Never Enough Time
By: Paul Lemberg | 17/04/2006 | Management
It's a cliche of executive life: you don't have time to do everything. Whether you use little slips of paper, a planner, scheduling software or a Palm Pilot, all attempts at time management fail.

How To Make Mistakes
By: Paul Lemberg | 17/04/2006 | Management
Promoting risk taking and eliminating fear of failure. It would be a mistake to try to avoid all mistakes. Indeed, it would be a colossal blunder to attempt doing things right the first time, every time.

Article Categories






Give Feedback

Sign up for our email newsletter

Receive updates, enter your email below