Ace investor Warren Buffet’s personal pilot was Mike Flint. The latter once came to Mr. Buffet for some career prioritization advice.
What did he say? “Write down your top 25 goals. Now circle the top 5, and drop all the others.”
This is super advice, especially for someone like me, because I often have lengthy to-do lists, and keep worrying about not being able to achieve those things. More often than not, the pace of new items coming on to the list is much higher than the pace of things coming off it!
Why does the 25/5 rule help? Because it fairly estimates that each individual has certain limitations. Over the long run, it is difficult to achieve more than 3-5 large goals, and hence what goals 6 to 25 are, are not really goals, but more of distractions.
I try to use this even for day to day living, as it helps with minimalism. It could be for the things I need to get done in the next hour. Or in the next day. Or even while grocery shopping. If there’s a list of 25 items I think I need, do I really need all of them? Or can I make do with lesser, and order the rest in the next round? A good test of self-control.
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