80/20 Rule: More Is on the Other Side of Less

How are you? Come on in here, man. 5,582 Daily Boost episodes. Somebody asked me the other day, he said, Scott, how'd you do so many? I said, I don't know.

Got out of bed one day and decided to do it, just didn't stop. Run, Forrest, run. I... But you know what? I learned after a very short period of time that I had a tiger by the tail, that this was going to be a thing.

And I resolved way back then, I said, if I just focus on the podcast, everything else will take care of itself. And it has done exactly that. 20% of my efforts yielding 80% of my results. And that's where 100% of my effort has been there.

We'll talk about that today to see if I get you to do the same thing, okay? It is a daily boost from motivationandmove.com. Broadcasting live between the race cars and the rocket ships.

A little bit south of Daytona Beach. Beautiful little town called Port Orange, Florida. We don't have a port. We do have oranges. It's a cool place to be.

Been here a while now. So if you ever swing by, heading down to Florida, heading down to Disney World, you're probably going to... Actually, the exit where you turn right to go to Disney World.

I live just to the left. That's where I live. Now you know. My name is Scott Smith. Hey, Scott Smith on Instagram. I'm happy you're here today. It's going to be fun this week.

I'm in a very contemplated state. It's the time of year when I get that way. I do it naturally for a couple of reasons. We'll talk about them as time goes on here.

But year-end planning is the big deal that I'm into right now. And frankly, it's messing with me. It is. And that's okay. I don't mind being messed with.

I figure stuff out then. Are you into year-end planning right now? We're going to be doing that in our school group, my inner circle, my private clients, the whole thing. It's what we focus on in November and get you really settled in and ready to go.

And this year, I think it's actually more important than most years because I kind of jettisoned some of the old school stuff a few years back, not because it didn't work, but it just didn't work for me. So I said, well, what works for Scott? Go do more of that. My common sense and in full play there.

But this year, it was different. This year, AI is just ravaging so many people and scaring so many people. And people that have something going on are trying to plan, well, what am I going to do now? I want to plan for what I'm doing, but can I?

A friend of mine narrates audiobooks. And I was talking to her over the weekend, and she was crying. She said, my business is evaporating, all these AI things, AI narrators out there. And I see the AI narrators all over YouTube.

And sadly, the content's kind of interesting, so I watch them. They're boring, but I listen to them, right? So my answer to her was, you can't do a damn thing.

Can't stop it. But we should. You can't. It's just coming. So we have to kind of look at everything. And so many of my clients and so many people listening to this show are struggling with the same issue.

And this is why the year in planning thing became a different beast this year. How can you plan if you don't know what the heck's going on? So I leaned into that big time. That's what we're going to be teaching in the school group.

We'll be looking at that. I touched on it a little bit yesterday. If you would like that, Just go to faceyourpassion.com where you can go to school and search face your passion.

Join me on Thursdays at 11 a.m. Eastern for a live coaching call. This is not a bunch of courses. It's not me. It's not a chat where I just talk to you on chat.

It's you and me talking together. The group of people, we're coaching. We're digging in. We're going deep. It's a deep freaking call. It is as good as I can give you.

And it's very relevant. And it's coming right after I've had four days of talking to clients pay me a lot of money. So, yes, I said that. Go to faceyourpassion.com, get signed up.

Let's get your planning done for the year. Let's get you in shape for next year, and let's make some things happen, okay? Let's get into this now. Did you know that the GDP, gross domestic product, how much money America earns, is one-third of that is AI investment?

If you have an index fund or stocks, you know it, right? One third. That's either scary as hell or really exciting. I don't think any of us know exactly what it is right now, but it is coming, right?

So I want you to be really, really successful. There are a lot of trends happening these days in terms of doing business or getting what you want. A lot of people that I work with want to write a book. Maybe they've retired or maybe they want to go out and do the freelance life.

Guys, let me tell you, some of the stuff that you wanted to do so long ago that was so hard to do is incredibly easy now. So easy, AI is doing it instead of you.

Times have changed. So we have to think really differently about this. And that's why the daily boost is going to change a little bit. I am not a robot.

I don't think a robot could copy me. Although maybe someday, I'm one of those guys that's like, hey, I will never do that. I'm like, yeah, right. It's coming.

So let's talk about the 80-20 rule today and why it's keeping you from your success. And in the world of AI, we haven't even begun to rule this thing.

I think you really need to think about this. Because I think your ability to focus on what actually works as a human is what's going to save you. So if you've heard the 80-20 rule, the ratio principle, I think that's how you say it. I learned how to say it so many years ago, I forgot how to say it.

So I have to learn it again. That's an old guy thing, okay? 80% of your results come from 20% of your actions. Now, this principle is across life. It's across nature.

It's across everything. Is it always 80-20? Some of you say, it's 80-20 exactly, or I can't. No, it's not, man. It could be 60-40. It's a variation of that, okay?

Loosen up a little bit, all right? So the question is this. Why do you keep doing the 80% of actions that don't do anything for you? Why do you keep doing 80% of the actions that don't do anything for you?

I would suggest to you right now, in this world we're in, that even with AI helping you, you're just doing more of what doesn't get you anywhere. You're just doing it faster.

And you're taking most of your time that you think is helping you. And some of it is learning time. I'm on your side with that. We got to learn, right?

You got to figure out how to use the tools. But at some point, you got to figure out that you have just replaced 80% that didn't work before with a new 80%.

And that's by design, too. That dopamine kicks in. It's so exciting. You figure you got to be part of it. You can't get behind. See what I mean? That's why this all fits into this timing right now.

So the fastest way to get what you want, write this down if you haven't ever heard me say this before, because it's so simple, but most people don't think about it.

Most people are additive in trying to get what they want. I want to do this. I want to do that. I want to do that. I want to do that. Okay? That's where most people are.

I learned many, many years ago and really dialed in about three years ago with my Face Your Fashion group when I recognized I couldn't just give them more. I had to subtract.

So now I think getting what you want is more subtractive than it is addictive. Additive. We'll use that word anyway. It's more subtractive than additive.

And again, in the world of AI, the way things are going right now, it's really easy to add a lot in that just makes you busier. So it's subtracted, but in a very smart way. So when I'm thinking about planning for the year in, that's what I'm thinking about. I'm really dotting it down to the 20%, subtracting everything else and planning for that.

Additive means more of everything. Additive means more management. Additive means more overload. So the trick is to find the 20% of what's working and eliminate the other 80%.

Easier said than done. You know it already. You know what works for you. The other 80% is just keeping you busy. I was talking to Mark. Mark was over on my school group at FaceYourPassion.com.

Cool guy. Having a good conversation with him. And he was talking about doing the David Allen thing, getting things done. And he said, well, I review every single week.

Well, I met David Allen years ago and I talked to David Allen. He created a cottage industry called Getting Things Done. If you haven't studied it, it's a great tool. However, you don't want to take it as far as some people take it.

See, the challenge is this. When I met David, I said, David, how do you keep up with things? He said, and he pulled out a little piece of paper off a yellow legal pad out of his pocket. He said, I use this.

He said, last a whole week. He pulled it out. Everything he had to do was on that little piece of paper. He didn't have a computer. He didn't have some fancy system.

He wrote the book about the system, but he didn't use it. I've seen more CEOs, and I've seen people like me. I guess I'm a CEO, but I do different things. I carry a piece of paper.

And sometimes I don't need to do that because I remember things. Yes, I have to do this. I keep track of stuff that I have to do as part of projects. For the most part, I know what I need to be doing.

There's no weekly reviewing to me. I don't have to schedule it on my calendar to sit down and see what you're doing. No, I just do it all the time. Welcome to the world of subtractive.

Get rid of some stuff. I said, just give some stuff up, man. He said, I can do that. I said, yeah. Why keep chasing everything? Just give it up. If you're old enough, you remember the Franklin Covey planners back from, was it the 80s?

90s maybe? Used to buy the big book and carry everything around in it, credit cards and phone and everything. Well, the phone didn't go in your Franklin Covey planner because the phone was like a brick.

How often did you get tired of chasing check marks? Some people say, what's he talking about? If you lived it, you know it. I'll leave it at that. So I say instead of keeping up, start getting rid of the stuff you're trying to manage and just let it go.

So I'm going to give you a phrase right now. You may want to absorb this. Some people don't hear it for the way it is, but I want you to get it right now and really think about this because what we're trying to do is do the hardest thing in the world.

Give up all the stuff that's not serving us and do only the things that are serving us to get the results. Hard to do. Because it's going to leave a lot of open time for you. And you're going to have to fight yourself not to fill it with the old busy work you used to.

So as you think of year-end planning or next year planning with all these wonderful tools that we have these days, I mean, if AI can speed you up more and leave lots of time in your day, what are you going to do with the rest of the time? Well, the answer is be more human. But here's what I want you to write down. If you've never heard me say this before, listen to this sentence very, very carefully because you may not get it the first time I say it.

More human. is on the other side of less. If you want more in life, if you want more money, if you want more relationships, if you want more anything, the good stuff, it is on the other side of less. When you subtract from your life instead of add to your life, when you work on the 20% really gets results, all the more you ever wanted is there.

That was a very good thing. All right, let me get out of here. Come back tomorrow and throw a couple of unicorn or rainbows in here. Let's see that. Thank you.