Posts Tagged ‘rule of 5’

The Rule of 5

Wednesday, April 29th, 2009

abbyWhat is the Rule of 5?

Recently I’ve been reminded several times of Principle 23 in Jack Canfield’s book, The Success Principles.  Canfield and Mark Victor Hansen, authors of Chicken Soup for the Soul, were overwhelmed by the many different ways they could market their new book, so they developed the Rule of 5 which is simply “every day, we do five specific things that will move our goal toward completion.”  By breaking the overwhelming task of creating a bestseller down into 5 things to do per day, they simplified their goal and, after a couple years, achieved bestseller status!

OK…I get it!

Sometimes it takes a while.  I read Success Principles several years ago.  John Maxwell retells the Canfield story in his new book, Put Your Dream to the Test which I just read a couple weeks ago.  This morning when I looked through my email and saw Jessica Swanson, “The Shoestring Marketer”, talking about the Power of 5, I decided it was time to apply this little tool to my own goals.

Major Definite Purpose

My biggest goal at this stage in my life is financial independence.  Because there are an overwhelming number of ways one could achieve financial independence, this goal is a perfect candidate for the Rule of 5.  Beginning today, I will practice the Rule of 5.