"Everybody Has a Plan Until They Get Punched in the Mouth" - Tyson. But you still need a plan.
Nov 11, 2020
Sir Richard Branson, the billionaire entrepreneur who owns Virgin Galactic, boarded his rocket for its maiden space voyage, debuting private space tourism and beating Elon Musk and Jeff Bezos to the private space race.
It’s dedicated time to think about the past week, reflect on what went well and what didn’t, and plan for the week ahead.
It’s a chance to get aligned with your goals and ensure that the work you’re doing on a daily basis is helping you reach them
The 80/20 rule, also known as the Pareto principle, states that we need to focus on the few things that get us the most benefit.
For a lot of events, approximately 80% of the effects come from 20% of the causes. So pick the 20% of your tasks that yield 80% of the results and outsource or simply discontinue the rest.
Planning as a first step is good. But preparation is even better.
Planning helps you to know what you will be doing on a day. Preparation gets you ready to actually do the tasks.
*Just like compound interest multiples one’s savings, improving one’s mind daily, during the best hour of the day, multiplies one’s mental compounding interest.
This ‘mental’ compounding interest advice comes from investor Charlie Munger, in his book University of Berkshire Hathaway.
2020 made us aware that we experience the passage of time different from reality. The days felt stretched out, and some months seemed to go on forever.
Time has two faces: One is the "objective time" of watches and calendars. The second is "lived time", the time of your subjective experience. This time is felt, lived, and acted.
❤️ Brainstash Inc.