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How to Stay Focused with THE FOCUS FORMULA
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In this video, I'm showing you how to stay focused with The FOCUS FORMULA. This formula is designed to help you understand the effectiveness of being focused and how to identify and prioritize the most important areas to focus on.
Why is a strong focus so important?
Because the real leverage effect when working on something in your business comes from focus(ing on the right areas, projects, tasks)
Implement step by step:
→Do not work on tasks that will only be relevant in a few months!
Ask yourself: What is the next skill that will get me the most now, that will get me further ahead in the current situation?
→ I cannot skip stages of evolution
Ask yourself: What are max. 3-4 most important core areas in my company that are responsible for long-term growth!
Always identify the most important areas first, because only when I have these can I find out what the important tasks are. Then identify which ones I should work on first!
Pareto's principle: 20% of the tasks are responsible for 80% of the result! (80/20 principle)
Max. return in relation to time: With which task do I get the highest "return" for my company, if I include my invested time and money? (Resources)
If I have a task that takes little time and has a high return:
→ I tackle it first
→ then with momentum I take other tasks that take longer or have more capital costs
Most importantly and the most powerful question to ask is: If I could only do one of all the tasks, which one would have the biggest impact on the growth of my business? → max. progress towards my goals?
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#focus
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