Learn more about productivity with this collection
Identifying and eliminating unnecessary expenses
How to negotiate better deals
Understanding the importance of saving
What Is A Pact?
A pact is a precommitment to an outcome that acts as a firewall against distraction. You can think of it as a sort of “habit bet .” It helps you stay on track by setting huge consequences if you don't.
37
286 reads
How Does It Work?
This technique nearly guarantees you’ll follow through on any commitment you choose to make. As Nir Eyal wrote about in his book, he made a “burn or burn ” pact to finally get himself to start exercising regularly. His precommitment: He would either burn some calories by exercising daily or burn a $100 bill. Today, at 43, he says that he is in the best shape of his life.
40
163 reads
Why pacts work
A pact, like a protest slogan, is urgent, specific, and has a serious and unavoidable consequence.
Follow the following format of a good protest slogan to create an effective pact. 👇
40
146 reads
1. What do you want?
Name a specific action.
The best pacts are based on concrete behavior, not aspirations. Don’t set a vague goal like “live healthfully,” “save money,” or “spend more time with my family.” Name a very specific behavior you expect yourself to do.
For example, "I will write 3 pages of manuscript every day".
42
122 reads
When do you want it?
Give yourself a specific time frame.
Deciding in advance when you will do what you say you will is called setting an implementation intention , and studies have found that it’s a critical step in accomplishing your goals. To do what you want, you must set aside the time now.
For example, "I will write 3 pages of manuscript every day between 7 am and 10 am".
41
83 reads
Or Else?
Define a consequence.
The most important part of a pact is the consequence of inaction. A precommitment acts as a firewall against distraction by imposing a cost to going off track. It’s the fear of not doing what you say, which provides the extra motivation to follow through.
For example, "I will cut a cake if I follow through. If I don't, I will cut my hair".
43
125 reads
CURATED BY
Digital marketing at dentsu. Invested in the symbiosis of marketing, psychology, and design. Photographer at heart.
More like this
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving & library
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Personalized recommendations
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates