The world's greatest get rich bible

Chapter 18 Be an Effective Action Man 4
Volume 4 Chapter 4 Be an Effective Actionist [-]
keep it simple, strive for excellence
If you can always maintain high efficiency in your actions, and complete enough work with quality, quantity and time, you will definitely be able to obtain the wealth of your dreams.

- "The Lost Classic of Getting Rich"

Wallace believes that the measure of success is not doing more or doing less, but the efficiency of action.Every action is either success or failure; every action is either efficient or inefficient.

There are only 24 hours in a day, how much work can you get done in those 1440 minutes?Is everything you do your best?Efficiency is not only an important criterion for measuring a person's ability, but also an important factor for the development of the whole society.Every person and every organization must pursue the highest efficiency, so that we can do more things in a limited time and do everything to the best.

Successful people can create countless times the value created by mediocre people in their lifetime, and they can also obtain several times more wealth than mediocre people, because they have mastered many efficient methods of action, two of which are very important to most people. It is of reference value.

One way is to keep it simple.

In an information-heavy, accelerated environment, people must accomplish more and more in less and less time.In an increasingly complex and compact work pace, "keep it simple" is the best coping principle.

Procter & Gamble is one of the world's top 500 companies. The biggest feature of its personnel system is the streamlined personnel and simple structure. The most distinctive rule is that each memorandum cannot exceed one page.They promote simple and efficient working methods.

When Harry was the company's president, he once said of Procter & Gamble's "one-page memo": "The one-page report that selects fact from opinion is the basis for P&G's decision-making." He usually returns a lengthy memo with An order: "Reduce it to what I need!" If the memo was overly complex, he would add: "I don't understand complex issues, I only understand simple and clear."

"Simple" comes from clear goals and directions. You know what you should do and what you should not do.When dealing with problems, you might as well simplify the complexity and get rid of the obstacles that hinder work efficiency without hesitation.

The second method is to pursue excellence.

When Jack Welch ran General Electric, he had a simple and clear rule: a business must be "number one or number two" or it must be "reorganized, sold, or closed."

In 1981, only three divisions of General Electric, namely lighting, engine and power, maintained leading positions in the market. When Jack Welch retired in 3, GE already had 2001 divisions that were number one or two in their respective markets. If they could be ranked individually, at least nine of GE's divisions would be among the top 12 companies .This is the brilliant achievement of Jack Welch's "Number One" strategy.During his 9 years at the helm of GE, he completed 500 mergers and the company's sales climbed from $20 billion to $993 billion.

Jack Welch once explained the reason for the "number one and number two" strategy: "When you are the fourth or fifth in the market, the boss sneezes and you get pneumonia; When the time comes, you can control your own destiny, and the companies behind you will have to merge and reorganize in difficult times.” Therefore, the yearning for an excellent career or an excellent life can give people a strong impetus and prompt a person to be rigorous. Treat every little thing in your hands with a serious attitude.Only by doing everything perfectly can we reap the most complete success.

The approach of keeping it simple and striving for excellence applies to most things most people face.The power of every action is either strong or weak; and when every action is powerful, it is most effective.

(End of this chapter)