PPMP EP 17: I Have Many Interests, Which One Should I Pursue?

Peak Performance & Marketing Podcast

Welcome to the club if you always feel like this. One minute you want to start a business that will champion a world changing product that will make you a billionaire. The next minute you believe you can get into pro sports and retire a legend.

The next moment, you want to write a book that will that will set a record as the book with the highest rating on the New York Times Bestsellers list.

You believe the world is your oyster and you can achieve anything you put your mind to however the problem is you haven’t achieved anything.

If this is your story, then you’re not alone. There are many people across the globe (myself included) who feels this way. Due to the believe in our “extraordinary” capabilities, we think we can achieve anything we set our minds to yet haven’t done much.

How I Got Out of This Mindset

I got out of this mindset by using the Warren Buffett 5/25 rule to narrow my focus. I first heard about this rule from Investor, Business Man & Comedian James Altucher on his podcast and I’ve read about this concept on other blogs as well.

The rule is pretty straight forward and it goes like this

· List the 25 things that most interest you or the key career goals

· Cross out 20 items on the list and focus on the top 5

The good thing about this exercise is that it helps you narrow your focus to achieve the career and business goals that are most important to you.

I became serious about this strategy at the latter part of last year and I’ve already noticed significant improvements in focus. Although once in a while I get sidetracked, reminding myself of the choices I’ve made has been helpful in getting me back on track.