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Some use their time to accomplish an impossible amount of work, while others waste their time repeating the same few tasks, perhaps gaining 10% improvements each year.
Even if you believe you're in the first camp of making heroic progress, if you're focused on finding the right productivity app, you're in the second.
Financial leverage involves using other people's money to improve everyone's returns. The very rich had the confidence to take on some leverage to increase their upside if they succeeded.
We all have access to another form of leverage which can be the difference between increasing your salary by 10% per year and doubling it every year. It's called Personal Leverage and is a measure of your ability to extend your productivity beyond yourself.
The best way to extend our work beyond ourselves and take advantage of personal leverage is to go through the Personal Leverage Loop: define, refine, automate, and delegate.
It's easy to fall into the habit of doing something repeatedly without clarifying what the steps are. Explaining how to do things ensures tasks are done properly, and that no one has to spend time constantly re-teaching how to do something. Once the system is defined, it's possible to start automating and delegating it.
Before you consider automating or delegating a system you've defined, go through each step and see if it can be removed, combined with another step, or if you can create some new step that removes a handful of others.
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