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Last Updated on March 10, 2020

6 Keys to Achieving Great Success in Life

6 Keys to Achieving Great Success in Life

There are several keys to living a life that of great success. The best part is, though, that the majority of these tips are not very difficult to implement in your life.

If you truly want to achieve great success, all it really takes is some mindful focus and the discipline to put in the effort that the vast majority of people lack. That’s really what it all boils down to.

If you’re interested in learning about how you can have great success in your life, keep reading because the most important factors are here to help you.

1. Decide What Your Goals Are

This is the first key to achieving great success, and unfortunately, few people actually practice it.

Whether you begin your day with purpose or with disorganization often perforates your productivity throughout the remainder of your day.

A good tip is that, either the night before or first thing in the morning, write out what your goals are for the upcoming day. Try to include no more than 3 main goals for any given day.

This programs your mind to be focused and driven from the moment you wake up and greatly increases your chances of having a productive day.

Once you’ve written out your goals, begin thinking about the steps that you can take towards achieving them. Choose the most important steps and accomplish those steps first to get your momentum rolling to set you up for a day of great success.[1]

2. Learn From the Experts

Life isn’t a simple game, and there’s nothing any of us can do to figure it all out on our own. Lucky for us, there are teachers and mentors out there who are willing to help. It would be a massive waste of your time and of this valuable source of knowledge if you didn’t reach out to these people to try and learn the lessons they’ve gathered.

So reach out, learn from people who have traveled the path you’re on before you. This will save you time and countless headaches. Don’t let your ego or fear of being social prevent you from learning from these individuals.

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Learning these lessons ahead of time will put you ahead of most people and will set you up to achieve some amazing things.

3. Program Yourself for Great Success

You need to begin to program yourself for great success if you want to achieve great success.

Sounds simple, doesn’t it? Most people don’t have this trait innately, though. You need to consciously develop it.

You need to begin programming yourself to be purposeful and driven towards great success and to remain motivated on the path towards our goals.

The best way to begin reprogramming your mind and achieving this goal is to start with smaller goals first and then build your way up to larger ones. This builds momentum and begins to engrain the belief that you can overcome challenges and adversity. You will learn that if you put your mind to it, you can figure out almost any problem that faces you in your daily life.

Simply put, you are learning how to continue succeeding by succeeding. The more you practice this, the more you’ll begin achieving daily, weekly, and yearly. You’ll be able to leverage the momentum from each success you experience, and eventually, these other successes will come easier and easier to you, as long as you keep applying the things you’ve learned and remain disciplined and purposeful about your actions.

4. Develop a Strong Mindset

Any successful person will tell you that there is a crucial aspect everyone needs in order to achieve great success: they need to believe in themselves and their ability accomplish the task at hand.

After all, if you don’t believe in yourself, what would encourage others to believe in you?

Your mindset and how you approach problems and adversity frames your initial perspectives, the first resolutions that come to your mind, and likely, the first actions you attempt to address those challenges.[2]

So believe in yourself! Believe that you have what it takes to achieve your goals and achieve great success in your life. Don’t be afraid to commit to your goals and tell other people what they are. Don’t be insecure about your goals, and don’t live in fear of failure.

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If nothing else, being transparent about your goals will help you to stand out in a crowd of people who are afraid that if they express their goals and fail, people will ridicule them. Don’t succumb to those limiting beliefs. Break free.

People will likely respect you for having the courage to pursue the things that you desire.

When you begin believing that you’ll achieve great success, it’s amazing how it begins finding ways to appear in your life. You give yourself permission and the courage to seize opportunities when they arise and then crush them as you continue along your path.

This reinforces in your mind that you can succeed regardless of the challenges and any adversity. You have the ability to be resilient in the face of situations that try to knock you down and the strength to pull yourself back up. That confidence is priceless.[3]

Once you’ve developed the mindset, you need to begin taking action. If you aren’t in a position to achieve your goals right now, then the best thing that you can do at this moment is to begin investing in yourself.

5. Invest in Yourself

After you’ve set your goals, made a plan, and developed the mindset you need to achieve them, the next step is to begin investing in yourself.

Try to take action on your goals every day, even if it’s something small. It’s crucial that you keep your momentum moving forward along your path to achieving great success.

When asked what the best investment anyone could make was, Warren Buffet, the most successful investor of our time, replied that the best investment people can make are investments in themselves.

Powerful right?

The best part about learning how to invest in yourself and beginning to practice this is that there are nearly endless methods through which you can do this. Therefore, you can personalize your self-investment to your interests and goals.

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Most of these will cost money, time, or effort, but remember that this is an investment in yourself. It’s going to take effort, it’s going to take discipline, and it’s going to take heart.

Here are just a few examples of some of the things you can begin doing to invest in yourself on your journey towards achieving great success:

Engage in Regular Physical Exercise

Not only does exercising improve your physical health and energy levels, but it helps you to feel better and more motivated daily. This will help you overcome your daily challenges with greater ease.

Pick up Some Books and Do More Than Just Read Them

This is a trap a lot of people fall into. They pick up a non-fiction book, read it, and then display it as a trophy on the shelf. Knowledge isn’t power. Knowledge with action is power, so get out there and begin implementing the lessons you have learned.

Improve Your Diet

It may cost a little more to buy healthy food from the grocery store, but if you’re already going out to eat fast food anyway, the expenses are likely similar. A healthy, home-cooked meal goes a long way toward making you feel more energized and focused throughout the day.

Find Ways to Continually Learn

This could be through the aforementioned books, but there are endless ways through which you can learn. You could learn from mentors. You could find articles online. Maybe you’d prefer to sign up for seminars or webinars. It doesn’t matter which method you choose really, as long as you keep learning and growing.

Don’t Forget About Self-Care

It’s great to hustle and grind all day, every day, but the vast majority of people can’t, and shouldn’t, strive for this. It’s important to refuel your tank when you have time. Spend time with family and friends, do things you enjoy, and make sure that you enjoy yourself. All work and no play makes for a boring life.

If you’re not sure how to begin a self-care routine, this article may help.

6. Don’t Fear Failure

This is the last key to success that I want to talk about today.

So many people live in fear of failure. They fear what others will think of them if they fall short of their goals publicly. You know what happens to these people most often? They end up letting that fear take over their life and never end up pursuing their goals or dreams.

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Don’t let that happen to you. Don’t be afraid of what other people may think because all that truly matters is what you think of yourself.

If you try and fail, at the absolute very least you will have gained experience. You can learn from that experience to develop more skills and gain more knowledge that will put you one step closer to becoming the person you want to transform into.

If we’re failing, that means we’re still trying. And if we’re still trying, we’re still learning and growing. We’re improving every day.

If you’re not failing, it’s likely you’ve stuck yourself right in the middle of your comfort zone. That can be a dangerous place to remain when it comes to achieving personal growth and great success.

Final Thoughts

If you can begin implementing these keys to achieving great success, the only limits holding you back will be the ones that you impose on yourself.

Commit yourself to making that change in your life, and making it now. You owe it to yourself to free yourself of limiting beliefs and investing in yourself so that you can accomplish the goals that you find the most meaningful in your life.

The bumps in the road, challenges, and adversity will come, but if you embrace these keys to great success in life, you will find ways to overcome them. You will find ways to keep going.

Featured photo credit: Candice Picard via unsplash.com

Reference

More by this author

Mark Lynch

Featured Life-Balance, & Personal Development Author

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Last Updated on September 24, 2020

How to Take Advantage of the 80 20 Rule to Succeed in Life

How to Take Advantage of the 80 20 Rule to Succeed in Life

The world of productivity has several hacks or tricks to help you manage your time: to-do lists, the Pomodoro Technique, Parkinson’s Law… All of these strategies are great strategies in their own way, but one strategy stands above all the others: the 80 20 rule.

This particular strategy has been used the most and is regarded as the most helpful in developing time management and other concepts in life.

But what’s so special about this rule? How does it give you success and how do you use it? Let’s explore the specifics.

What Is the 80 20 Rule?

Many people regard this rule as the 80 20 rule, but it has a proper name: the Pareto Principle[1]. The principle was named after its founder,  the Italian economist Vilfredo Pareto, in 1895. Pareto noticed that people in society were divided into two categories:

  • The “vital few,” which consisted of the top 20 percent with respect to money and influence.
  • The “trivial many,” otherwise known as the bottom 80 percent.

As he researched this further, he came to discover that this divide didn’t apply only to money and influence, but other areas, too. Virtually all economic activity was subject to his previous observation.

He observed that 80% of Italy’s wealth at the time was controlled by only 20% of the population.

Since the development of this rule, humankind has used this particular ratio in all kinds of situations. Even if the ratio isn’t always exact, we see this rule applied in many industries and in life. Examples are:

  • 20% of sales reps will generate 80% of your total sales.
  • 20% of customers account for 80% of total profits.
  • 80% of the revenue will stem from 20% of the workers.

Either way, I’m sure you can piece together why people call this rule the 80 20 rule over Pareto’s Principle[2].

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Make Your Life and Your Business More Efficient with the 80-20 Rule - Salesforce Canada Blog

    In terms of how this particular rule will be able to work for you, it’s a matter of applying this rule to how you spend your time. For us to see success, the goal is simple.

    We need to set it up in such a way that 20% of our input is responsible for 80% of our results.

    Another way to think about it is we use 20% of our time on activities that give us 80% of our results in a given area of life.

    How Does the 80 20 Rule Work?

    To best explain this, let’s visualize a bit.

    In an ideal world:

    • Every employee would contribute the same amount of effort to work.
    • Every feature that’s released for an app or product would be equally loved by users.
    • Each business idea you come up with would be a hit.

    In that scenario, planning would be a breeze. There wouldn’t be any need to analyze anything so long as you put in the effort.

    But that’s not reality.

    Yes, the effort is certainly an element, but what the 80 20 principle states is that everything is unequal. Invest in 10 start-up companies, and you’ll find only a few will pass year two and make it big. You’re in a team of five, and there’ll be one person doing more work than others.

    We wish our lives were always one-for-one in terms of input and output, but that’s simply not true. Understanding this is key to understanding how the 80 20 rule really works.

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    So how does it really work?

    It’s a matter of focusing on what’s giving you the most in your life for little of your time.

    Going back to the few examples I’ve presented above, consider this:

    • If two start-ups you invested in are making it big, focus on having a more direct hand, and see if you can help them prosper more.
    • If 20% of sales reps are giving you 80% of your sales, focus on rewarding those and keeping their spirits high and motivated.

    These scenarios can go on and on, but the idea is to place your efforts on the 20% that is actually making the difference in your life. Another term that’s good to know is the diminishing marginal utility[3].

    Pareto didn’t come up with this one, but the law goes as follows: each extra hour of effort or worker will add less “oomph” to your finished results.

    Eventually, you’ll hit a point where you will spend a lot of time on small and unimportant details, similar to perfectionism.

    So before hitting that point, you want to have a laser focus on the most important details, from family and relationships to your work or business. Prioritize the activities that are going to move you forward the most, and be wary of adding extra time, effort, or more hands into those particular tasks moving forward.

    How to Take Advantage of the 80 20 Rule

    So now that you have an understanding of the 80 20 rule and how it works, what is the best way to take advantage of it?

    Depending on where you are applying this rule, this can be used in all kinds of fashions.

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    For example, you can apply this rule to goal setting, as demonstrated by Brian Tracy in this video:

    Or you can apply it in terms of general productivity as explained in this article: What Is the 80 20 Rule (And How to Use It to Boost Productivity)

    The core of this rule is that it forces us to ask ourselves the questions we wouldn’t consider otherwise. It helps us to place our focus in the right places with regards to all things in life.

    In short, the 80 20 rule places us in charge of our lives and helps us set out on our goals and dreams. With this in mind, here are some things you can consider concerning this rule.

    1. Focus on Your Big Tasks First

    While this is the essence of the 80 20 rule, it’s still worth mentioning. Why? Because so many of us feel intimidated by the biggest task. We instinctively avoid it and opt for smaller tasks first.

    We think that if we complete enough small tasks that we will feel motivated to finish that really big one later. But that’s really false hope at work.

    Once we finish off a lot of small tasks, we either feel drained, or we tell ourselves we’ll do this the next day.

    Instead of doing all that, bite the bullet and tackle the largest task first.

    If you need help with prioritization, check out this article.

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    I argue this by challenging you to ask yourself this one question:

    “Is the task I’m about to do the top 20 percent of my activities or the bottom 80 percent?”

    I’m sure you’ve seen time and again you or other workers spending a lot of time on one task for most of the day. In those kinds of grinds, you’re barely getting ahead and have next to nothing to show for it. That’s because they’re putting all their attention on work that’s in the 80 percent.

    It’s normally the big tasks that are part of the 20 percent.

    Another way to think about this is that everything we do starts a habit. If every day we spend our energy on low-value tasks, we will always prioritize those.

    2. Stretch This Into Personal Life

    While I’ve been talking about business and setting goals, remember you can use this in other areas of your life, too.

    Take your personal life and ask yourself some of these questions:

    • How much TV do you watch on a regular basis? What sort of shows are you legitimately into? These questions can help you in recognizing what shows you are watching purely for consumption. By applying the 80 20 rule, you can cut back on Netflix, TV, or YouTube video consumption and prioritize other areas of your life.
    • What does your wardrobe look like in terms of colors? Are there specific colors that you like? Knowing what you wear most times will help you in sorting out your wardrobe significantly. It also saves you time to come up with what to wear every morning.
    • How many newsletters do you actually read? This question can help you in figuring out which newsletters to unsubscribe to and can clear up a lot of space in your inbox. It can also relieve pressure from having to check your emails constantly.
    • How much time do you spend on your phone every day? How much of that time is actually doing something meaningful? These questions can help you in clearing out various apps that aren’t helping you with your goals. In fact, this can curb the need to check your phone constantly.

    Final Thoughts

    The 80 20 rule is the productivity hack that many of us need, and for good reason. As you can tell, it’ll help you to focus and prioritize the more important aspects of your life.

    Not only that, but it’ll maximize those outputs at the same time and ensure you’re not spending too much time working on them. All you need to do is start asking questions and taking action.

    More Techniques to Help You Succeed in Life

    Featured photo credit: Austin Distel via unsplash.com

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