1 Percent Rule
Steve Feld, MBA
Professional Speaker | Author | Growth Strategy Advisor for Business Owners, & Leaders | Podcast Host | TEDx Speaker | Mastermind Facilitator | Change Management |
The 1% rule is simple: improve just 1% each day. The idea is that if you do this, the good habits you develop stack over time. You can’t be a master in one day. You have to improve a little every day. Rome wasn’t built in a day and you won’t be either.
Stop focusing on the end result and start paying attention to the process.
It doesn’t take much to do every day, but it also doesn’t take much to NOT do it. The difference is a slippery slope. Are you going to be the person who improves 1% each day or the one who gets worse each day? If you think staying the same is an option – it’s not. Every day you don’t get better, you simply get worse.
So when it’s nighttime and you’re winding down for bed, ask yourself:
“What have I done today to improve by 1 tiny percent?”
Improve a little each day. It compounds. When 1% compounds every day, it doubles every 72 days, not every 100 days. Compounding tiny excellence is what creates big excellence.”
72 days later you might be twice the person you are today. Think you can’t manage that? Let’s do some math. Compounding creates fast results.
Assuming you get roughly 8 hours of sleep a night, that’s 16 waking hours for you to do something to improve. 16 x 60 minutes = 960 minutes. 1% of 960 is 9.6. If you add just 10 minutes of something positive into your life each day, you’ll become unstoppable.
One of the most important discoveries in the field of psychology and success is that fully 95% of what you think, feel, do and achieve is the result of habit. Since childhood, you have developed conditioned responses that lead you to react, often unthinkingly to situations in life. The exciting thing is that all habits and skills are learned. New, good habits and skills can be learned through conscious practice and repetition. Likewise, old, poor habits can be un-learned.
The 1% Formula is based on the Law of Incremental Improvement…basically, that by the yard it is hard, but inch by inch it’s a cinch?
Do you believe it is possible to improve your overall productivity, performance, and output by 1 percent in the next 24 hours? Will you commit to increasing your productivity and performance by 1% each day?
My answer is YES…If you continually learn, study, and upgrade your skills, clarify and re-clarify your goals, set better and clearer priorities and focus on progressively more valuable tasks…You can increase your productivity and performance by 1 percent each working day…day after day…indefinitely!
How can you improve by 1% each day?
Every day, try to wake up and think, “how can I be a little better?” If you forget in the morning, that’s OK. You have 16 other hours in the day to remember.
If you read 5 pages a day from non-fiction books, then in a year you will have read 1830 pages of knowledge. And each page you read will build upon the pages you’ve read before.
And it’s 1830 pages 99% of people won’t read. Most people don’t pick up a book after age 20.
If you write 1000 words a day, then in one day that’s nothing. In one year that’s the equivalent of 6-8 novels.
Every day matters.
The 1% Rule can be applied to everything. If you spend 1 less minute feeling regret and use that to feel gratitude, how much better will your stress levels will that be in one year.
Stress is 100% reverse correlated with a longer healthier happier life. With more money. With more love. With more creativity.
Every habit can be built using this technique.
Actions are outside of the head or body. Take 1% action per day.
It doesn’t happen in one day. There are no goals. There’s only practice. Practice never makes perfect. Practice makes you happy. Practice makes habits.
What is something you can do 1% of to grow your business today?
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Steve Feld, MBA, Certified Business Coach, Author, provides training and business performance coaching to business owners, professionals, and executives. Steve also speaks to organizations, conducts workshops, and training. Focusing on lead generation and revenue creation to get growth results for the business.
Contact Biz Coach Steve today to see how he can assist you to get the results you want in your business, [email protected], or www.bizcoachsteve.com. He is in the business of growing businesses. Need a speaker, contact Steve today.
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