“Perhaps the most important personal productivity tool ever discovered is what we call the “Law of Three.†This law says that 90% of all of your results and eventually, your income, come from only three of your daily activities.”
So says Brian Tracy in a post on his blog.
In 80/20 parlance, those three activities are your “vital few”–20% activities that deliver 80% of your results.
And they’re different for everyone.
Tracy used sales managers as an example. He says their three things are recruiting, training and managing.
So, what are your three things?
Of all the things you do in your practice, what three activities create the most value?
Focus on those three things. Do more of them, get better at them, and you should be able to increase your income at an accelerated rate.
You may also find that you can let go of a lot of things that aren’t your top three. This will give you more time (and energy) for your top three activities, allowing you to compound your results.
But don’t stop there.
Once you’ve done this exercise and found your three activities, do the same exercise for each of those three.
If one of your 20% activities is litigation, for example, identify the top three activities that make you better or more successful at it.
If one of your top three activities is marketing (and if it’s not, what’s up wit dat?), make a list of all of the marketing activities you do and from that list, choose your top three.
Which marketing activity brings in the most clients? Which produces your best clients? Which activity do you do best and want to do more?
Focus your marketing on those three things and consider letting go of or doing less of everything else.
You’ll thank me later.
One of my top three: client referrals
