With the start of a new year, I take the time to set my focus for the coming year. I believe that by being selective about where I direct my energy, I can achieve results that are exponentially greater than if I split that energy across many different goals. I detailed my 2020 focus here (read that first if you want more context). I’ve posted a few updates throughout the year (quarter year, half year and three quarters update) and now is time for a final review. 2020 Theme: Action Economy Self Grade: 7/10 It shouldn’t come as a surprise that 2020 did not go exactly as planned. I didn’t make as much concrete progress on my theme as I had planned, but I did spend a good amount of time this year saturated in the topic. While I don’t have the deliverables I was hoping to produce, I have
This year I picked Warren Buffett as my exemplar – a person I think demonstrates the trait I am trying to learn about – for 2020, the theme is ‘action economy’ which is a fancy way to say efficiently using your time to achieve your goals. I write these reviews following a review template to help me get the most out of the process of having an exemplar. Below is my entry for Warren Buffett. What did Warren Buffett achieve? Warren Buffett is the most successful investor of all time. He founded an investment fund that achieved a yearly return that consistently beat the overall market for 50+ years. His ownership stake in that fund has made him one of the richest people in the world (in 2008 he took the top spot for one year, the only year where he has held it). Why did he care about that?
With the start of a new year, I take the time to set my focus for the coming year. I believe that by being selective about where I direct my energy, I can achieve results that are exponentially greater than if I split that energy across many different goals. I detailed my 2020 focus here (read that first if you want more context) & did a quarter year and half year update as well.. Here is how I’m progressing. 2020 Theme: Action Economy 2020 Challenge: Develop a Strategy Evaluation Model I’ve started to get some ideas into a draft blog post but need to sit down for a few evenings to get it ready to publish. The themes that are emerging are the ones I wanted to think about: leverage, prioritization, compounding growth and delegation. 2020 Habit: Run 13 Projects & 52 Common Tasks Through the Model I haven’t made any progress
With the start of a new year, I take the time to set my focus for the coming year. I believe that by being selective about where I direct my energy, I can achieve results that are exponentially greater than if I split that energy across many different goals. I detailed my 2020 focus here (read that first if you want more context) & did a quarter year update as well.. Here is how I’m progressing. 2020 Theme: Action Economy What a strange second second quarter. My theme this year is action economy which is about achieving more in life while using fewer resources. I am relating to board games as a metaphor to think through this topic. I didn’t achieve much in life over the last few months, but I did play a lot of board games. That seems counterproductive to the goal, but in a funny way I think I’ll
With the start of a new year, I take the time to set my focus for the coming year. I believe that by being selective about where I direct my energy, I can achieve results that are exponentially greater than if I split that energy across many different goals. I detailed my 2020 focus here (read that first if you want more context). Here is how I’m progressing. 2020 Theme: Action Economy This theme is all about accomplishing as much as possible with as few resources as possible. It is basic economics – scarcity & objectives. For me the limited resource, at this point in my life, tends to be time and so that is my focus for the year. I’m using ‘action economy’ a concept from boardgames as a paradigm to think through this theme. With that in mind, I’ve been playing a lot of board games over the first
With the start of a new year, I take the time to set my focus for the coming year. I believe that by being selective about where I direct my energy, I can achieve results that are exponentially greater than if I split that energy across many different goals. More details about the process are in this blog post and you can review the results from past years (2013, 2014, 2015, 2016, 2017, 2018, & 2019). 2020 Theme: Action Economy My theme for 2020 is action economy. This is a phrase I’ve borrowed from board gaming where it describes the ability of a player to utilize their limited turn actions to maximize their ability to score points. The real life application of this is efficiently using my resources (time, skills, knowledge, network, money, etc.) to achieve the goals that I’ve selected for myself. This is the second full year of my sabbath cycle focused