![]() ![]() Buffett concisely told his dear friend that, if he was seriously interested in achieving these career goals, he must give zero attention to the B-list, working towards the 5, not the 25. Perplexed, Flint asked for clarification. ![]() You’ve got it wrong, Mike,” Buffett is quoted as saying, “Everything you didn’t circle just became your Avoid-At-All-Cost list.” When asked what he would do with the B-list, Flint replied that he would commit some time and energy to the others, as he deemed appropriate. Catching on quickly, Flint reassured Buffett that the A-list would be his primary focus. In effect, this presidential pilot now had two lists: the list of 25, the B-list, and the top 5 goals, the A-list. Scrupulously perusing the list, Flint eventually had his top 5 career goals circled. As soon as Flint had done so, Buffett told him to then circle the 5 most important items. As Flint’s account goes, he was discussing his career with Buffett, who promptly instructed him to write down 25 professional priorities. Having previously flown four presidents in Air Force One, Flint knew a little about the uber-successful, so it seems natural that he would be curious about their secrets. With that being said, public knowledge of the 5/25 rule sprung from a conversation between Buffett and his personal pilot, Mike Flint. The origin of this pro-prioritizing rule isn’t totally agreed upon it’s most likely something that business magnate Buffett has incorporated throughout his career. Where Did the 5/25 Rule Come From? Inspired by Warren Buffet’s Pilot. The story of such an out-of-the-box idea begins exactly where you’d expect – 35,000 feet in the air. In actuality, focusing on less is entirely logical, exactly what our single-focused brains love to do. It feels counterintuitive as we assume doing more is better, in terms of speed and quality. The 5/25 rule is precisely how you prioritize like Warren Buffett, focusing solely on/committing fully to a minimal number of goals, thus raising the chance of completing them more effectively than if you had juggled all of your goals at once. It’s Buffett’s brand of prioritization that makes this rule so unique, an aggressive alignment with minimalism, keeping the bulk of goals at bay in favor of a select few. In fact, it’s the typical first step in countless goal-setting methods. Making lists of goals isn’t anything new. The 5/25 rule can be applied to personal or professional targets, family time or career goals, making it an effective, simple technique for prioritizing all aspects of life. Warren Buffett's 5/25 rule is an exercise used to help people focus on their most valued aims, the life pursuits that seem most meaningful. How Do You Apply the 5/25 Warren Buffet Rule? Ruthlessly Prioritize. Strangely enough, he’s never authored a book, but his 5/25 rule would surely crop up early. With a rule for everything, Buffett could definitely write some profound pages on productivity. For career advice, you’d struggle to find many people more insightful than Buffett, even if he was telling you to avoid your goals. He’s the man who started out slinging newspapers, but now spends five to six hours a day reading them, keeping a close eye on market trends and his 100 billion dollar empire.Īs much as he’s revered for his business savvy, he’s known for coming up with brilliant wisdom that goes beyond Wall Street. invites any executive to enter these pages for an insider's view (still, it doesn't hurt to remember, they all knew Warren was gonna read it).It’s true that no two careers are identical, but that seems especially accurate in the case of Warren Buffett. They all sound genuinely happier than you might possibly believe, and each chapter has business models you shouldn't miss. Many tales are similar - the CEOs love their companies they worked hard to build solid businesses and no one regrets selling his firm to Berkshire. Writing through the voices of the CEOs he portrays, Miles skillfully weaves the colorful histories of 18 firms into a revealing set of success stories. Armed with information gleaned from eight months of intensive interviews, Miles uncovers what makes a Berkshire manager tick, and covers the workings of Berkshire, itself, as well. Robert Miles knows Warren Buffett, and it's clear that he also knows a thing or two about the people who run the companies in Buffett's Berkshire Hathaway. GetAbstract Summary: Get the key points from this book in less than 10 minutes. Science Fiction & Fantasy - Available Now.Armchair Explorers for Children and Teens.
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