Warren Buffett's 5-25 Rule: 3 Steps to Focus on Your Important Goals

Показать описание

Do you feel overwhelmed when setting goals? If so, have you tried Warren Buffett's 5-25 rule for your goal setting efforts?

Here's a simple 3-step process on how this works:

#1. Brainstorm 25 Potential Goals or Projects: Grab a pen and a piece of paper and think about the goals and projects you would like to accomplish in the next few years. These should be a mix of your personal and professional goals.

Write down any goal that sounds interesting. So don’t censor any idea — even if you think it sounds silly. You should be thorough as possible during this brainstorming session.

#2. Identify Your 5 Core Goals: After completing this list, review it again and circle your top five priorities. These will be your primary focus for your immediate future. Now, the key here is to turn these priorities into a specific goal you can track. That's why I recommend using the SMART goal formula which stands for

#3. Avoid the Other 20 Goals or Projects. This will be the hardest step of this process. Once you’ve identified your 5 core projects, cross out the other 20 goals. In fact, these items should be ‘avoided at all costs.’

Now, if you want to learn more about this process, then watch this video where we talk about the origin story of Warren Buffet's 5-25 rule and then you will get more information about the 3-step process for setting goals you can actually achieve.

NEXT VIDEOS TO WATCH:

RESOURCES:

Disclosure: There might be affiliate links on this page, which means we get a small commission of anything you buy. As an Amazon Associate we earn from qualifying purchases. Please do your own research before making any online purchase.