By focusing on your weaknesses, you can eliminate obstacles to personal and professional growth. One study found that 60% of leaders in a company made “significant positive change” when they worked to change their weaknesses. Whereas Koch advises us to ignore our weaknesses, others say we should build on them. Is It Better to Ignore Weaknesses or Build on Them? And remember, according to Koch, enjoying your work helps you be more productive. When we excel at something, Koch says, we’re more likely to enjoy it, so these two qualifiers go hand-in-hand. Instead, you should focus on amplifying your strengths-your top 20% of skills that earn 80% of your success-to multiply your satisfaction and results. According to Koch, it’s fruitless to spend time doing things you’re not great at-or trying to shore up your weaknesses-because doing so will erode your sense of self-worth and diminish productivity. Happy Life Tip #2: Do Work That You Love and Can Do Exceptionally WellĪside from using time in creative ways, Koch says the key to happiness and success is to choose work you love and can do better than the vast majority of other people. Ultimately, then, Koch’s prescription to work less is not necessarily a surefire path to success and might not be open to all. He says that to succeed, people need to be all-in by allocating most of their time to their career ambitions. For example, entrepreneur and Shark Tank star Daymond John says the secret to success comes down to one thing: work. In fact, they attribute their success to working long, hard hours. What about people at the opposite end of the earnings spectrum? Are they as free from hard work as Koch states? Many self-made millionaires say absolutely not. Further, people who deal with stressors such as discrimination, limited access to health care, and exposure to crime are highly susceptible to physical and mental disorders that limit their opportunities. Thus, they have negligible “cognitive bandwidth” to pursue job training, education, leisure, or other activities that could help alleviate their suffering and lead them out of poverty. For example, people in poverty often have such an intense focus on stretching their scarce resources that it absorbs all their mental capacity. Researchers point out that many people do not have as much control over their life circumstances as Koch seems to imply. So, Koch tells us to define our own “rules” by applying the 80/20 Principle.ĭoes Working Less Really Lead to Success, and Is It Even Possible?Īlthough Koch says that working less is key to multiplying our happiness and success-and that everyone can control how they allocate their time, to greater or lesser degrees-others challenge this assertion. If we compromise and conform to expectations of working long hours, we’ll sacrifice our happiness and freedom and undermine our earning potential. He asserts that most of what we’ve been taught to believe about advancing in our lives and careers is wrong. If you think this is unrealistic, remember: Koch says you must ditch your skepticism because you have more control over your life than you think.
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