The One Thing And Impact Areas

Jay Papasan presents The One Thing.

This week I was able to attend an amazing presentation by Jay Papasan about his latest book, co-authored with Gary Keller called, The ONE Thing: The Surprisingly Simple Truth Behind Extraordinary Results.

The associated website http://the1thing.com has some great resources where you can download, including most of the graphics from the book. I had the chance to ask Jay why they felt their was room for another time management book. He explained they were creating a course for the Realestate business and that Gary had written an outstanding 12 page intro to the course. “When I saw it, I thought, this needs to be a book.” Five years later they were on the New York times best seller list.

The One Thing and Impact Areas

When I compare this book with the time keeping advice in Chet Holmes “Time Management Secrets of Billionaires,” I find a useful tool for staying on task. For me, the key is to have a clear list of impact areas, key areas of your business, personal, and community life. It is a bit like keeping 6 or 7 different lists, but the within each list do you have a top priority.

During his presentation, Jay talked about having 7 bubbles, or domains you need to keep in balance. But for each one, do you know the most important thing?

Prioritizing lists is not new, but I loved the way Jay said put it. “You can not live in complexity.” Extraordinary success can be achieved through exceptional focus. The ideas in the One Thing help me focus on my Impact Areas. These impact areas help me (and my team) focus on what is important to drive the success of my business.

Having spent time with a number of time management strategies, including Getting Things Done, Stephen Covey’s weekly time blocks, and Chet Holmes Time Management Secrets of Billionaires, I have found the process I am able to apply most consistently is:

  1. Make a list of 6 things I need to do daily.
  2. Prioritize my daily list.
  3. Do the hardest thing first, early in the day.

How do I keep track of ALL the things I need to do? Two steps.

  1. Weekly check my list of impact areas and goals.
  2. Keep separate notepads for each impact area.

— Scott

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