Everyone on the world’s high-speed train is inevitably busy.
Editor’s note: This article comes from WeChat public account “Bofanstime” (ID: bofanstime) , author Bofan time. Reprinted with permission. Original title “Kill the Busy”
In 1930, economist Keynes once predicted that after 100 years, people would only need to work 15 hours a week to make enough money for their lives. After nearly 90 years, we really only need to work 15 hours to reach the standard of living that Keynes said at the time, but we have not stopped and have become even more busy.
Because people always expect to live a better life, especially in the explosion of technology, and subversion has become the norm today, people are even more looking forward to breaking through the original class and becoming winners in life through hard work and work.
As a result, people are becoming more and more busy, busy with the work that they can’t do before, busy at the dinner network, busy with their own sidelines, busy with various online and offline courses, and even fragmented Time is also filled with various audio and text, for fear of being left behind in this race you chase after me.
However, for most people, this endless busyness has had little effect. They have not brought their vision, wealth, and status higher than ordinary people. Busy, and found that the year is about to end, but life is still as usual.
We are full of doubts about our busy lives. On the one hand, we always feel that there are a lot of things waiting to be done by ourselves, worrying that we cannot cover everything; on the other hand, we find that we have little effect in our constant busyness. Sighing that hard work is not fruitful, busyness is not worth it.
In fact, everyone wants to be able to organize their busy lives in an organized way and achieve the best results. But how does this work? Buffett is one of the busiest people in the world. Although he has to face many things every day, he has been able to maintain a sober mind for decades to make the investment business continue to be profitable. Let us see if we can learn from him To some method.
Buffett is both the boss and the manager of the normal operations of the company’s various departments. At the same time, he is an investor who must constantly and rationally analyze trends in various industries to ensure the company’s continued profitability. thisIn addition to these well-known stock and investment businesses, he also deals with another Berkshire Hathaway cash cow business, insurance. Compared to most people, he has more things to do every day.
Imagine that his schedule should be very close, appearing in the company, major conferences, and major stock exchanges. In fact, in real life, he lives in Omaha, Nebraska all year round, he hardly talks to analysts, and does not participate in any internal meetings like the typical CEO.
So what is Buffett’s time for? Buffett once said in an interview: “My job is to read.” In life, Buffett spends 80% of his time on reading and thinking, and he spends a lot of time reading the company’s performance report carefully every day. After discovering the desired target company, they will find a lot of information to continue reading, and conduct research to find the truth behind the performance report.
Although talking to analysts and participating in various internal meetings is equally important, it is less important than reading and thinking. Based on continuous reading and thinking, he can always make accurate analysis and budgets for changes in various industries, allowing him to enjoy up to several times the stock market dividends again and again, and to stand out before the stock market disaster.
Conversely, if he is busy with secondary matters such as company internal affairs, publicity and interviews, then there is probably no time to read and think, and to accurately analyze the changes in the stock market, it may naturally be gone. Achievements achieved today.
Although Buffett is busy with many things, he always knows that human energy is limited, and there is no way to invest in one thing. If you focus too much on secondary things, it will not only help you achieve your goals, but it will be a hindrance.
Buffett ’s success is based on the ability to find the most worthwhile thing among the many distracting things, and continue to stay focused, so as to achieve his maximum achievements. Best-selling author Michael Simmons, in his article “The Five-Hour Rule”: The No. 1 Lifelong Habit Of Warren Buffett: The 5-Hour Rule Method of competence.
First, he will write on a piece of paper the 25 goals he hopes to achieve so far; next, he will choose the highest priority5; in the end, the remaining 20 unselected goals were placed on the list of “avoid at all costs”.
It is worth noting that the last step of this method-“Avoid at all costs”. In the next 20 important things, some people may choose to invest in these goals intermittently. But Buffett believes that unless the first 5 goals have been successfully completed, the rest should not get your attention anyway.
Buffett ’s strategy is based in part on our well-known 28 rule, that 20% of priority tasks will occupy 80% of our results. The top five goals are 20% of the 25 goals, but they determine 80% of our lives. For Buffett, the priority task is reading and thinking, and after finishing this task, he will invest in other things.
From this, we can see that what really threatens our time is not just the games of intemperance, soap operas, and those “wolves in sheep’s clothing” that seem reasonable Reality is nothing and impractical. We are so relieved that we put so much energy into these things that we don’t have the time and energy to do what really matters.
Warren Buffett’s “three steps” approach is to prevent this inefficient or meaningless rush. It tells us to be soberly aware that something around us that consumes 80% of our energy, but ultimately only brings about 20% of what we have achieved, and we must draw a line between it and Jedi. At the same time, we must calm down and think about what It is something that is really busy for us, so that we can create the most value in a limited time.
Everyone is inevitably busy on this high-speed train in the world. In fact, indiscriminate busyness cannot achieve real results. Therefore, even if the business is coming to us like a tide and it seems necessary, we must stay alert and consciously separate the wheat kernels from the chaff in life, kill the meaningless busyness, and focus our energy on On really useful goals.