The power of five

Thursday, December 11, 2008

How to get everything you want-Faster than you ever thought possible

When should the axe be sharpened, and how sharp should it be?Yet another variant of the Woodcutter/Axe story:
A man was walking in a forest one day, and he met a woodcutter. It wasa hot day, and he sat down for a smoke and engaged in friendly banterwith the woodcutter - things about the weather and such. 5 Marlboroslater, he asked, "Mr. Woodcutter, you've been making little progresson chopping down the tree the last half hour. Perhaps your axe is tooblunt, why don't you sharpen it?"
"That's the truth! The axe has not been sharpened for a long whilenow, I could make far better progress with a sharp axe!" said thewoodcutter.
"Then why not you take some time to sharpen it now? You'd make goodprogress!" said the man.
"I don't really have time for that, you know. I gotta chop down allthese trees, I don't have the luxury of sharpening my axe," repliedthe woodcutter.
Everybody I know identifies with this story to some degree, and I seea good number people I know, including myself, in the shoes of thewoodcutter at times. What is perfectly clear is this: the axe wouldeventually have to be sharpened or it will be blunted to such anextent that even minimal progress will be impossible. Questionsabound: When do we need to sharpen the axe? How many times do wesharpen? Would a partial sharpening do, or do we need to sharpen it tofull keeness?
The principle is clear to me - just sharpen the axe sufficiently, asan when would serve to accomplish your work in the minimum time, withminimal effort expended since effort per unit time is assumed aconstant. Draw a crucial distinction between work and effort - work iswhat you're tasked to do, effort is that which you expend to performthe work.
Abraham Lincoln suggested that 60% of the time budget for choppingdown a tree should be spent sharpening it.


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Wilfred Stanley

Tuesday, December 2, 2008

Business Vs Job

Why people fail in business?

Many people are fed up with the job and planned to start their own business with lot of fire during initial days. But later on, they become lazy and forgot their main purpose of quitting the job. Either in job or business, discipline is very very important(self discipline). We are the best judge for ourselves. In job, you are instructed or ordered to do some task for which you are paid. But when it comes to business nobody orders or instructs you.
It is we ourselves need to check ourselves
what is that I want to achieve this month ?
what is that I want to achieve this week ?
what is that I want to achieve this day?
what is that I want to achieve now?

And end of the day, check what have you done and what is incomplete.
Find out the ways of improving your performance.
Check yourself.
Are you improving in your Skills, Performance, Knowledge, Financial status and so on.
If you are not improving, check on the ways to improve.
Find a better person and consult with him/her and ask for help if needed.
There are always people to help us.
See your goals on daily basis and see, how far are you to achieve it.
Never get distracted or out of focus from your goals.
Eat, drink and sleep with your goals.
You are the best judge for yourselves.