Charles Schwab who owns the famous investment company which bears his name, tells a story he had with a mentor. Mr. Schwab asked the mentor to tell him how to be more productive.
Rather than scheduling a mentoring session, the advisor simply told him, “Mr. Schwab, I will give you one piece of advice, and if you think it is worth anything, you can pay me $10,000.”
Charles agreed. One week later, Charles wrote the advisor a check for $10,000.
What do you think his advice was?
When I first heard this story, I really thought that the secret was stocks. Or maybe some other investment strategy, like buying up precious metals.
No, the secret that Charles Schwab received is so brain dead simple, that I don’t think he would have even looked at it twice if the advisor had not designated a value to it.
It really is that simple.
And that profound.
In fact, it is so profitable, I would attach a million dollars to it’s worth.
So what was the advice?
I almost hesitate to tell you lest you find it too elementary.
Write down the three most important things you need to do today.
Gah! Is that it? Is that really it? Yup.
But follow through is everything.