Douglas Goldstein, CFP® (Twitter: @RichAsAKing) www.RichAsAKing.com Only Do it Twice: As an entrepreneur, investor, parent,
boss, or someone who just wants to succeed, keep your eyes out for new ideas
and approaches. Once you find something you like, stick with it –
metaphorically, not literally. The key to success is not for you to do the same
thing (no matter how successful it is) again and again. True success is creating a
system and delegating the work to someone else, leaving you the time to find
other great ideas. Here’s how it works: Step 1. Find a new idea. That’s all. Step
2.Once you’ve latched on to something new, build a system to allow someone
(or something) else to do it. The second… and LAST time… that you will do
that process will be when you are making it into a system that either a staff
member, virtual assistant, or computer can do from then on.
Douglas Goldstein, CFP® is the co-author of the bestselling book Rich As A
King: How the Wisdom of Chess Can Make You a Grandmaster of Investing, and he’s a personal financial advisor specializing in people living outside the United States who want to have U.S. brokerage accounts. Mitch Gordon (Twitter: @MitchGordonGo) www.GoOverseas.com 1) Only check email once, twice a day maximum. You
need slow time to think, reflect and come up with new ideas. The switching costs
of going back and forth between email and other tasks can affect focus in very
negative ways. Focus on one thing at a time. Studies show that multi-tasking is
actually counter productive. 2) Only do what only YOU can do. Everything else?
Delegate! It's the only way you'll truly be able to grow your business. 3)
Automate and come up with systems as much as you can. Always think: Is there
a way to automate what I'm doing right now? 4) Have a Digital Detox, tech free
day. It will help you be more productive in every possible way. You need time to
recharge.
Mitch Gordon is the CEO/ co-founder of Go Overseas and the Entrepreneur in Residence at the UC Berkeley Haas School of Business. His most recent company, Go Overseas, has become the most trusted resource for researching international education programs around the world.
