The Number 1 Reason You Should Cultivate a Strong Work Ethic [Success]
We live in a world of cause and effect. The passions we choose to pursue, or not to pursue, determine our future. You've probably been told at one time or another, to practice something. Practice math, practice piano, practice parallel parking, etc. If you want to get better, you need to practice.
The reason this is so powerful is because in order to master a skill it takes about 10,000 hours. And it doesn't matter what skill! You do something repetitively it will become a habit. Your abilities continuously grow as you continue this habit. 10,000 hours (or about 5 to 10 years later) you are a master of this habit. Whether it's a good habit or a bad habit, it is completely up to you.
In his book No Excuses, Brian Tracy calls this cause and effect principle, the “Iron Law of the Universe”. This means that both success and failure are predictable. You succeed when you work hard, deliberately and continuously, in the right direction. You fail when you don’t.
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Going through the Motions
Have you heard the 80/20 rule? I’m sure you have in some form or another, it’s been proven over and over again to be true since 1895. It’s called the “Pareto Principle” named after the economist Vilfred Pareto. It specifies an unequal relationship between inputs and outputs and is applied to a wide range of real life areas.
Applying this rule to the workforce, 20 percent of people earn 80 percent of the money. This means, unfortunately, the majority of people (80 percent) have to share 20 percent of the money.
What Does the Bottom 80 Percent do?
We know what the bottom 80 percent does, the average employee increases their income at about three percent a year. The average rate of inflation or cost of living increase is about three percent a year. As an average employee, you do not actually earn more money each year, you are keeping up with the rising cost of expenses.
How do you earn that three percent "raise"? The average employee waste more than one day a week, according to Robert Half, on non-work activities. Younger employees (ages 18 - 34) spend up to 70 minutes on mobile devices as well as 48 minutes on personal tasks each work day. Brian Tracy points out, "13 percent of wasted time [for employees] is consumed by coming in late or leaving early, by long lunches and coffee breaks, by surfing the Internet, reading the newspaper, or conducting personal business during the day."
What Does the Top 20 do?
The top 20 percent in most fields increase their income between 10 - 25 percent a year. The highest paid people in America work fifty to sixty hours per week. Most successful people, in the beginning of their careers, worked everyday of the week. And when they worked, they managed their time to ensure high value tasks were a priority.
Successful people understand the importance of forming good habits. Such as self-discipline and the habit of continuous learning. They cultivate a good work ethic in order to ensure their success. The best part is you can turn this into a habit. During the process of creating self-discipline and a great work ethic you actually turn into the type of person who is successful habitually.
The outcome, or end product, of your hard work is not the reward, it is the transformation you go through during the process.
Good Habits to Form:
- Rising Early and Having a Morning Routine
- Reading More Self-Help and Career Advancement Books
- Fueling your Body with Healthy Choices
- Incorporating Exercise into your Daily Routine
- Journaling to Promote Self-Awareness
For more information about good habit formation check out this post.
The Quarterly Habit Handbook, is designed to guide you through your will-power training consistently. This workbook is designed to walk you through the process of developing positive habits effectively leading you towards your success.