The Ivy Lee Method: Why Simplicity Wins Every Time - The 5 Step Hack You Need!
Roy Goodart, MBA
InsurTech | Visionary Product Executive | Driving Innovation for Simple, Beautiful Solutions | SaaS & Digital Transformation Pioneer | Startup and Growth Leader
Listen up. If you're still grinding it out every day and wondering why you aren't moving the needle fast enough, you gotta hear this story. It’s about an old-school business genius, Charles M. Schwab—no, not the Charles Schwab from the brokerage firm. This was a guy who had everything on his side in 1918: he was the president of the Bethlehem Steel Corporation, the largest shipbuilder and the second-largest steel producer in the U.S. The dude was literally raking it in.
But here’s the thing. Even when you’re at the top, you’ve gotta be looking for the edge. The hack that’ll take you from good to great. Schwab, even with all that wealth and power, knew that to stay ahead, he needed to get even better at running his business. So, what did he do? He reached out to someone who could help him squeeze more juice out of his operation.
Enter Ivy Lee. A productivity consultant who had a reputation for knowing how to get the most out of people and organizations. Schwab brought Lee into his office and asked him for the one thing that would make a real difference: "Show me a way to get more things done."
Lee, probably in his calm, no-nonsense style, replied: “Give me 15 minutes with each of your executives, and I’ll show you.”
Schwab, of course, asks: "How much is this gonna cost me?"
Lee’s answer? “Nothing. Unless it works. After three months, pay me whatever you think it’s worth.”
Think about that. No upfront cost. No risk. Just results. That’s how confident Lee was in his method. And what did Schwab have to lose? So, he said, “Let’s do it.”
The Ivy Lee Method: A Simple, Game-Changing Approach
Here’s the method that Ivy Lee shared with Schwab’s team. It’s so simple it’s almost ridiculous. But sometimes, the simplest things are the most powerful. Here's what you do:
Why Simplicity Wins Every Time
Now, let’s talk about why this works. And why it really works in today’s world, just as it did back in 1918.
Complexity kills. It’s the reason so many people are stuck in the weeds, overwhelmed with their to-do lists, trying to juggle a thousand things at once. We are not built to multitask. We’re built to focus, to hone in, and to finish one thing before moving to the next.
The beauty of Ivy Lee’s method is its simplicity. By narrowing down your focus to just six tasks, you eliminate the overwhelm. You’re not scattered. You’re not trying to do everything at once. You’re focusing on what moves the needle.
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This is why I’m constantly pushing my team to focus on one thing at a time. It’s the secret. It’s always been the secret. The more you simplify, the more effective you become.
The Result: Schwab’s $25,000 Check
So, how did this work out for Schwab? Well, after three months of applying Ivy Lee’s method, Schwab saw real results. The productivity of his team went through the roof. Everything was smoother, faster, and more efficient. So much so, that Schwab ended up writing Lee a check for $25,000 for his services.
Now, let’s put that in perspective. That $25,000 in 1918 is the equivalent of about $400,000 today. Think about that. Schwab was so impressed with the results that he handed over almost half a million dollars in today’s money for a strategy that’s about as simple as it gets.
And this, my friends, is the ultimate lesson: It doesn’t have to be complicated to work. The best strategies, the ones that produce real results, are often the simplest. But you have to trust the process. Don’t over complicate things just because you think you need something more flashy or sophisticated. This goes for other things too - think about it when you're designing your product, how your integrating partner solutions, all the way down to how you're holding your meetings.
Takeaway: Simplicity Over Complexity
So, what does this all mean for you?
If you want to get ahead, stop making it harder than it needs to be. Get laser-focused. Prioritize the most important tasks, and execute with relentless determination. If Charles Schwab, one of the richest men in the world, could improve his business by just focusing on six tasks a day, so can you.
The truth is, we live in a world that loves complexity, but the winners know how to keep it simple. Follow that formula. Keep your focus. And get shit done.
Now go hustle.
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