In 1918, Charles Schwab an Industrialist paid $25,000 to a Consultant Ivy Lee just to learn a simple little productivity hack.
Ivy Lee was a highly-respected productivity consultant and entrepreneur. Schwab asked him to make his executives more productive.
“Give me 15 minutes with each of them,” asked Lee.
“What’s your fee, How much will you charge ?” Schwab enquired with curiosity.
“Nothing,Unless it works”. Lee Replied. “But After three months, just send me a check for whatever you feel it was worth.”
Three months later, Schwab wrote Lee a check for $25,000 — the equivalent to over $400,000 worth today.
What was the productivity hack,You must be wanted to know ?
Lee gave each executive a simple 5-step method to enhance productivity. And here it is:
#1 – At the end of each work day, write down the six most important things you’d like to accomplish next day . No more than six.
#2 – Prioritize these in order of true importance and write in that order.
#3 – When you arrive next day , focus on the first task. Work on it until complete.
Then move to the second task and next….
#4 – At the end of each day, move unfinished items to the new list of six items for the
#5 – Rinse and repeat.
#6 – Maintain a Journal .Any Idea comes to mind note down on a paper then and there and enter in the Journal in the evening.
Sounds unusually simple ?
But there are solid reasons for,why it works, and why it was worth $25,000 to Schwab. It teaches:
- Single-tasking 2. forced decision making 3. Forming good habits. 4. Developing Researching mind by maintaining Journal.
Maybe you could give it a go now ? 🙂