Stay Paid Podcast 497 - The Skill Set That Transforms Businesses and Lives
We all want to be able to do more in the 24 hours we get each day. But juggling multiple balls at once means that no single ball gets 100% of your attention—and that’s bad for your business. In this Silver Dollar episode, we discuss how a loss of focus injured the growth of our own company, why it can be difficult to say no to opportunities, and the startling impact the pursuit of multiple goals has on productivity. Listen to discover how implementing multiple initiatives puts your bottom line at risk, the strategy used by Warren Buffet to prioritize his goals, incredibly disturbing research about the inefficiency created by multitasking and interruptions, and tips for effectively maximizing your productivity.
Be sure to check out the show notes at staypaidpodcast.com for a complete summary and additional details not included in the episode.
Connect | Resources
· Book: The 4-Hour Work Week: Escape the 9-5, Live Anywhere and Join the New Rich by Timothy Ferriss
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0:00 Introduction
0:51 Signs of a lack of focus
1:19 Story about Bills Gates and Warren Buffet
2:00 Poor company growth
2:51 The cost of not being focused
3:49 Be an optimistic realist
5:10 The need for discipline
8:45 The price of interruptions/multitasking
11:01 Big success comes from intense focus
15:45 Action Item
The Skill Set That Transforms Businesses and Lives