Saturday, March 17, 2007

Excerpts from Eat That Frog by Brian Tracy

I liked following ideas in the book. There are many other ideas and techniques. But these are the ones I found most important.
  1. The ability to concentrate single-mindedly on your most important task, to do it well and to finish it completely, is the key to great success, achievement, respect, status and happiness in life.
  2. You need three key qualities to develop the habits of focus and concentration. They are all learnable. They are decision, discipline
    and determination.
  3. One of the very worst uses of time is to do something very well that need not be done at all.
  4. Goals are the fuel in the furnace of achievement.
  5. Your weakest key result area sets the height at which you can use all your other skills and abilities.
  6. Continuous learning is the minimum requirement for success in any field.
  7. By the yard it's hard; but inch by inch, anything is a cinch!
  8. Difficulties come not to obstruct, but to instruct.
  9. You can only get your time and your life under control to the degree to which you discontinue lower value activities.
The summary of the book is as below

Here is a summary of the 21 Great Ways to stop procrastinating and get more things done faster. Review these rules and principles regularly until they become firmly ingrained in your thinking and actions and your future will be guaranteed.
  1. Set the table: Decide exactly what you want. Clarity is essential. Write out your goals and objectives before you begin;
  2. Plan every day in advance: Think on paper. Every minute you spend in planning can save you five or ten minutes in execution;
  3. Apply the 80/20 Rule to everything: Twenty percent of your activities will account for eighty percent of your results. Always concentrate your efforts on that top twenty percent;
  4. Consider the consequences: Your most important tasks and priorities are those that can have the most serious consequences, positive or negative, on your life or work. Focus on these above all else;
  5. Practice the ABCDE Method continually: Before you begin work on a list of tasks, take a few moments to organize them by value and priority so you can be sure of working on your most important activities:
  6. Focus on key result areas: Identify and determine those results that you absolutely, positively have to get to do your job well, and work on them all day long;
  7. The Law of Forced Efficiency: There is never enough time to do everything but there is always enough time to do the most important things. What are they?
  8. Prepare thoroughly before you begin: Proper prior preparation prevents poor performance;
  9. Do your homework: The more knowledgeable and skilled you become at your key tasks, the faster you start them and the sooner you get them done;
  10. Leverage your special talents: Determine exactly what it is that you are very good at doing, or could be very good at, and throw your whole heart into doing those specific things very, very well:
  11. Identify your key constraints: Determine the bottlenecks or chokepoints, internally or externally, that set the speed at which you achieve your most important goals and focus on alleviating them;
  12. Take it one oil barrel at a time: You can accomplish the biggest and most complicated job if you just complete it one step at a time;
  13. Put the pressure on yourself: Imagine that you have to leave town for a month and work as if you had to get all your major tasks completed before you left;
  14. Maximize your personal powers: Identify your periods of highest mental and physical energy each day and structure your most important and demanding tasks around these times. Get lots of rest so you can perform at your best;
  15. Motivate yourself into action: Be your own cheerleader. Look for the good in every situation. Focus on the solution rather than the problem. Always be optimistic and constructive;
  16. Practice creative procrastination: Since you can’t do everything, you must learn to deliberately put off those tasks that are of low value so that you have enough time to do the few things that really count;
  17. Do the most difficult task first: Begin each day with your most difficult task, the one task that can make the greatest contribution to yourself and your work, and resolve to stay at it until it is complete:
  18. Slice and dice the task: Break large, complex tasks down into bite sized pieces and then just do one small part of the task to get started;
  19. Create large chunks of time: Organize your days around large blocks of time where you can concentrate for extended periods on your most important tasks;
  20. Develop a sense of urgency: Make a habit of moving fast on your key tasks. Become known as a person who does things quickly and well;
  21. Single handle every task: Set clear priorities, start immediately on your most important task and then work without stopping until the job is 100% complete. This is the real key to high performance and maximum personal productivity.

Saturday, March 10, 2007

One-liner wisdoms by Robin Sharma

  1. The harder you are on yourself, the easier life will be on you.
  2. Your schedule doesn't lie.
  3. Nothing fails like success.
  4. When you give your best to life, life gives it's best to you.
  5. The price of discipline is always less than the pain of regret.
  6. The purpose of life is life of purpose.
  7. Awareness preceds choice, choice preceds results.
  8. We don't laugh because we are happy, we are happy because we laugh.
  9. Leaders don't do easy things, they do right things.
  10. The real risk lies in the riskless living.
  11. The only failure is failure to try.
  12. How hard do you play when no one is watching.
  13. Life is just too short to play Little.
  14. You dont need to have the biggest title to do the best job
  15. Every time you say YES to some thing that is unimportant,you say NO to some thing that is important.

Investment wisdom by Warren Buffet

Warren Buffet

  1. You can't make a good deal with a bad person.
  2. Never ask a barber if you need a haircut.
  3. A public-opinion poll is no substitute for thought.
  4. What we learn from history is that people don't learn from history.
  5. It's easier to stay out of trouble than it is to get out of trouble.
  6. You should invest in a business that even a fool can run, because someday a fool will.
  7. With enough inside information and a million dollars, you can go broke in a year.
  8. No matter how great the talent or effort, some things just take time: You can't produce a baby in one month by getting nine women pregnant.
  9. Our method is very simple. We just try to buy businesses with good-to-superb underlying economics run by honest and able people and buy them at sensible prices. That's all I'm trying to do.