Bill Gates, Warren Buffett, and Oprah Winfrey All Use the 5-Hour Rule
You work hard day after day, but never see any long-term improvement. You feel trapped at your current level, unable to move forward or progress. You see friends and colleagues moving on and getting promoted, and wonder what’s different about you.
If this sounds like you, then you need to start using the 5-hour rule.
Read on to find out exactly what the rule involves and how you can implement it in your own life.
Successful people of all kinds get to where they are because their education goes well beyond their schooling. They are lifelong learners, who are constantly pushing their knowledge and abilities so they can become capable and creative leaders. As you’ll see, even the busiest moguls in the world understand that taking time to improve yourself is the wisest investment you can make.
So no matter how busy they are, many of the world’s most esteemed entrepreneurs, artists, and politicians share this quality.
According to Michael Simmons, a columnist from Forbes, co-founder of Empact and best-selling author mentions in his article in INC. titled “Why Constant Learners All Embrace the 5-Hour Rule”, that the 5-hour rule falls into three categories:
- Reading
- Reflecting
- Experimenting
So,Now you know the three categories the first one sounds quiet obvious because the world’s most powerful and successful people all read voraciously. President Obama, Bill Gates, Oprah, George R.R. Martin, and Warren Buffet have each famously spoken out about how reading got them to where they are today.
But the other two categories are as obvious as the first one . Let's see how-
Reading - The ability to read opens countless doors of exploration and learning. Through reading, you expose yourself to new things, new information, new ways to solve a problem, and new ways to achieve one thing.
Bill Gates is a famous advocate of reading and reads around 50 books each year, crediting it as one of the main ways that he learns.
Before you take action on anything, where should you seek for help and guidance? Reading is an essential way which can help you out. In today’s world, getting reviews and feedback from other people can make a big impact on your next decision, and the pros and cons of each choice.
Reflecting - Reflection is thinking for an extended period by linking recent experiences to earlier ones in order to promote a more complex and interrelated mental schema or patterns. The thinking involves looking for commonalities, differences, and interrelations beyond their superficial elements. The goal is to develop higher order thinking skills.
LinkedIn CEO Jeff Weiner schedules two hours of thinking time per day. Brian Scudamore, the founder of the $250 million company O2E Brands, spends 10 hours a week just thinking.
Reflection is a key part of learning. Trying to consume too much information without reflecting on it can lead you to feel overwhelmed and prevents you from picking up new skills. It’s important that your reflection time is structured, or you could get distracted.
Experimenting - Lastly, the five-hour run takes the form of rapid experimentation.The five-hour rule, which “focus on productivity and efficiency, not on improvement”, gives people an advantage at work.
Employees from Google are allowed to spend 20-percent of their work time experimenting with new projects.
Experimentation is essential if you want to progress in life. Set aside some time each week to test out new theories or ideas, no matter how crazy they are. Some of the most successful products in the world have come about as a result of experimentation. Innovation never comes from doing the same thing over and over. Even if your experiment fails, you’ll have learned valuable lessons.
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