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Warren Buffett Says Most People End up Being Average Because They Don’t Keep This List

Warren Buffett Says Most People End up Being Average Because They Don’t Keep This List

Sitting down and setting your life goals can be exciting and motivating. It gives us purpose, sets clear intention, makes us feel productive and creates the feeling of moving forward.

But have you ever started out making a mental or physical list of your goals only to end up with quite a few? Then when you start acting on them, they either end up cast aside or only half achieved? Having goals has been drummed into us from an early age but are having all these goals actually hindering us?

Warren Buffett, one of the most successful businessmen in the world today, questions the need for having so many goals. Instead he puts his success down to eliminating, sometimes important goals, in order to focus on the few that will bring the success we desire.

Warren Buffett asked his pilot to list 25 priorities in his life

To illustrate Buffett’s idea, there’s a great story involving his personal airplane pilot of 10 years, Mike Flint, and how Buffett helped him to focus and prioritize his goals using a 2-list strategy.

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Buffett asked Flint to carefully think about, and write down his 25 top career goals. Once Flint spent time doing this he came back and presented them to Buffett. He then asked Flint to pick out the top 5 most important goals.

So at this point Flint now had two separate lists – the list of 5 goals and the list of 20 remaining goals.

Like many of us, Flint concluded that he would focus primarily on his top 5 and work towards the other 20 as and when he could find the time.

However, Buffett stopped him and said that this is actually the path of becoming unsuccessful because really he should now throw away his list of 20 altogether – no matter how important many of them may be – and focus solely on the top 5.

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Why? Because that list of 20 is essentially a distraction.

Average people don’t know they should AVOID seemingly important things in their lives

The reason we often never succeed with our goals is because we don’t prioritize, focus and therefore, complete, the important few.

It’s human to get demotivated and distracted – two feelings that can be the death of our goals. The bigger the list of goals we have, the more chance there is to give up and move on to the next one in the hope that this one will succeed.

If what Malcolm Gladwell claims is true, to become an expert in any field we must spend 10,000 hours of deliberate practice towards gaining knowledge in that area. That equates to 20 hours each week for almost a year, for a total of 10 years.

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So imagine Flints original list of 25 goals – that would mean it would take him 250 years to fully master his complete list. You can see how having too many goals can lead you down the path to a less successful and fulfilling life.

Make sure you keep the “Avoid-at-all-cost list”

Minimizing has become a hot topic when it comes to living the best life we can and this also applies to our life goals. Like our physical stuff, it can be hard to make a decision to throw certain goals out of the window when they feel important to us. But the process itself allows us to work out our priorities and what’s truly important.

Try writing out 25 goals – whether it’s long term goals or even short term weekly or monthly goals – and start the process of prioritising in order to discover your top 5.

Now, instead of literally throwing the list of 20 away completely, label this your avoid-at-all-costs list to serve as a reminder of what not to focus on. This is the list that will decrease your time and focus and ultimately your success. In other words, if you start working on this list you are in danger of having 20 half-finished goals instead of 5 completed ones.

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Whatever your top 5 goals are, whether you want to learn a new language or skill, or work towards a particular career goal, make a conscious effort to stick to these. Keep motivated to achieve these goals and don’t wander onto your second list. Remember, your time investment is key to success and this time will be compromised the more goals you take on.

Get the success you want: prioritize efficiently, focus intently and stick to it.

Featured photo credit: Fortune Live Media via flickr.com

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Jenny Marchal

A passionate writer who loves sharing about positive psychology.

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Last Updated on October 22, 2020

2 Transformational Ways to Spark Your Creative Energy

2 Transformational Ways to Spark Your Creative Energy

Good things come in twos: Peanut butter and jelly, Day and night, Fred Astaire and Ginger Rogers. The same is true for what sparks our creative energy: our thoughts and actions.

Creativity is an inside job as much as it is about a conducive schedule, physical environment, and supportive behaviors. By establishing the right internal and external landscape, creativity can blossom from the abstract to the concrete and we can have fun along the way.

Sparking creativity is all about setting up the right conditions so a spark is ignited and sustained. The sparks don’t fizzle out. They are allowed to grow and ripen.

Think of a garden. Intention alone will not produce the delicious red tomato nor will the readiest seed. That seed needs attention at its nascent stage and as it grows a stalk and produces fruit. If we want to enjoy more than one fruit, we keep at it, cultivating the plant and reaping multiple harvests.

Creativity lives in each of us like seeds in the earth or encapsulated in a nut. Seeds of ideas, concepts, designs, stories, images, and even ways of communicating that surprise and delight await activation.

By sparking our creative energy, we activate these unique seeds. Like snowflakes, they are of a moment and always without a match. The smallest sparks encourage even the smallest, most dormant seeds to sprout.

The good news is that our creative energy wishes to be sparked—to be invited to play. It wants to be our regular playmate.

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1. Be Childlike in Your Thoughts, Attitudes, and Approach

Being childlike in our thoughts, attitudes, and approach is an easy way to internally have our thoughts be gracious prolific gardeners to our creative energy. If we want it to come out and play and hang around as our regular companion, then let’s return to our 5-year-old selves.

Our childhood selves are naturally curious. We still have that curiosity! All we have to do is remind ourselves to get curious. We can do that by simply observing and being with what is in front of us instead of making up a story about what won’t work or why something can’t be done. So, it’s about cultivating curiosity instead of jumping into judgment.

Move Your Inner Judge to the Sidelines

When we get curious, creativity percolates and, ultimately, takes its place in the world. To give a hand in choosing curiosity over judgment, we can move the judge that also lives inside us to the sidelines. The judge squashes our creative urges, even when they are as small as sharing a point of view. It’s that pesky voice that causes us to doubt ourselves or worry about what others will think.

The judge is also risk-averse. The judge likes things to stay the same. Change makes the judge nervous.

Creativity is all about risk and changing things up. It needs risk, even failure, to be its naturally innovative, dynamic, impactful self. The judge likes to convince us failure is something to be avoided at all costs.

To move the judge to the sidelines and let curiosity reign, we can pay attention to who we are in conversation with and who is calling the shots.

Is it the voice of fear, doubt, or anxiety (the inner-critic—the judge’s boss)? Or is it the voice of wisdom, courage, strength, and non-attachment, and of course curiosity (the inner-leader)?

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We can easily tell the difference by how each makes us feel. The inner-critic depletes and slows us down, putting roadblocks in the way. The inner-leader energizes and a natural rhythm develops.

It’s all about who we spend time with. If we wish to exercise, we will seek out our friends who go to the gym or hike. If we want to lose some weight, we will opt to eat dinner with someone who prefers a healthy spot over fast food.

After getting curious, we can honor what our curiosity prompts us to do. The spark can do its job and a fire starts to glow when commitment enters. Our childhood selves were fully committed to being creative. That level of commitment is still something we are very capable of exercising!!

Again, we need to let go of the judge. We can ask ourselves, what do we want to commit to—negativity that depletes our creative energy, depth, and output, or the understanding that our thoughts and attitudes matter and that right thoughts and attitudes are the sparks that really let our creativity come alive?

Learn to Recall Your Childhood Self

To get in touch with that unabashedly committed childhood self, recall your childhood self. If you have a picture, pull one out. Keep it around so you can remember to activate that innate creative nature that was prominent then and wants to be prominent now and always.

Soak in the essence of that being. Commit to their commitment to brave and dogged trial and error because it is yours as well. You are that person.

Remember how tenacious you were when you wanted to build that sandcastle. You kept at it as the waves came in. You built with fury or reconfigured the walls. Also, remember that there was a willingness to fail since you were as invested in the process as well as the outcome—but less with the outcome. You were willing to experiment and start again. There was vitality—the main lifeline of your creative energy—instead of a rigid attachment.

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When you notice you are in conversation with your inner-critic or being held back by it, simply acknowledge, name it, and then switch to your inner-leader by taking a few good deep belly breaths, rubbing two fingertips together, or listening to ambient sounds in the background.

Physical movements shift our negative thoughts over to the positive domain of the inner-leader. As our judge continues to sit on the sidelines, our ability to quiet the inner-critic becomes stronger. We taste freedom. A simple taste emboldens us to say no again to the judge and yes to what makes our hearts and spirits sing—our creativity.

We begin to spark creativity to the point it no longer needs to be invited to play. It becomes our regular playmate—the younger sibling or the kid next door ready to have some fun, maybe even make some mischief by shaking things up.

When we align with our inner-leader and think and act from its promptings, creativity flows up and out with ease, as it needs to!

Letting those initial sparks generate a creativity fire that keeps burning is something we can all do! That’s the inside job.

2. Listen to Your Inner Leaders of Creative Energy

If we listen, our inner-leaders will let us know just what we need to set-up and do in our physical world to maximize that gorgeous, hungry creativity we now have flowing freely in us.

The seed has been unlocked! So, now what?

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To enable our creative energy to take its form and place outside of us, there needs to be spaciousness! Spaciousness in our physical worlds impacts our internal one. It lets the voice of the inner-leader be heard. It lets creativity have room to be sparked and acted upon.

With a little discipline, we can easily create spaciousness in our daily lives—spaciousness that will spark our creativity and let it take shape.

So, no matter who you are and what conditions help your creativity thrive, check-out these easy-to-implement basic suggestions:

  • Reduce or eliminate multi-tasking.
  • Say yes to what matters and what aligns with your big values and goals.
  • Say no to all else.
  • Say no again.
  • Schedule time in your calendar as you do with other things in your life to just be, to ponder, to let ideas percolate, and to create.
  • Spend time doing the things that bring out your creative energy. It could be walking, singing, or simply looking out the window.
  • Meditate.
  • Breathe—long breaths in and long breaths out through the nose.
  • Invite your body and heart into your experiences so your mind is a part of you and not all of you.
  • Try a new thing to spark your creativity. If you spend time running, try a different route. If running feels stale, cruise around a museum, or go for a bike ride.
  • Play a game. Indoors out or outside. Think of what makes you happy that you haven’t done in a while. Is it a physical game like badminton or cards? Maybe it’s storytelling? Play is creative, and it sparks the creative energy, too.
  • Spend time in the places that bring out your creativity. What spot in your home could be your spot for entering into that mode? Do you need to get out? Maybe a park bench is the right spot, with a book of poetry, or even nothing at all.
  • Spend time in nature. Nature brings us to a place of calm and awe and through that our creativity is easily sparked.

Final Thoughts

These are all habits—habits of mind and habits of doing. Experiment with what works for you. Have fun. If you give even 50% to altering your thoughts and actions, then you will begin to spark your creativity. It takes a lot of curiosity and commitment, but it can definitely be done.

Our innate creative energy is a deep source of all that we seek—joy, connection, renewal. It deserves and looks forward to the changes you will make that will let sparks fly and ignite!

More Tips to Spark Your Creative Energy

Featured photo credit: Kelly Sikkema via unsplash.com

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