The Ultimate Success Formula

Hello Success chasers!

Having listened to and read thousands of hours of success materials and studying successful people, I have come up with success in a nutshell. This is the most boiled down model I can think of for greatness. This is what I feel are the most fundamental elements that create the greatest level of achievement.

O.K. Here is the Formula...

pq x e = sr

The formula stands for Plan Quality multiplied by Effort equals Success Rate. 

To be successful you need BOTH a great plan and great effort. You cannot have one without the other. You can have the greatest plan conceived by the best strategic thinkers on the planet, but if you do not put forth any effort, you will have weak results. Also, if you put forth a Herculean effort (working 12 hours per day) but have a bad plan you will still have poor results.

So the lessons here are keep working on and improving your plan and keep measuring your performance and managing your time. Of course, there are thousands of ways to break down and talk about success but I believe understanding and thinking about the fundamentals is key.

I will make a disclaimer that supreme effort can sometimes override plan quality. If you are really putting forth an incredible effort and making great progress, sometimes you can accidentally stumble on great things. Like the man who got some sap from a tree and became super-rich creating a sun-tan lotion empire. He didn't really have a plan, but just by trying something he came across riches beyond imagination.

Disclaimer aside, I still say give yourself the best chance of success and go with a great plan AND a great effort!

The main problem with effort with no plan is you may end up spinning in circles and going nowhere. With all that wasted energy you will get yourself burned out and frustrated very quickly. And, of course, a great plan with no effort is just dreaming. You will never build a solid foundation under your dreams without work!

A good way to think of this is the "road trip" analogy. The "plan" is your vehicle and the "effort" is your acceleration. You desire a sound running vehicle and the gas in the tank to get where you want to go.

So how do you know if your plan and effort are enough? Keep measuring your progress. Are you hitting key milestones, like mileage signs along the highway? And keep managing your time. Can you increase the amount of time you spend on your project? Can you leverage and hire someone to help to get you to your goal faster? Are you improving as time goes on, or are you stagnating in your results.

Let me know what you think and drop me some comments or questions.

Great success,
Kevin Bennett

Jim Rohn Resource Page

Here is one of the most important motivational speakers I recommend to listen to. Jim Rohn

"Philosophy is the sum total of all that you know and what you decide is valuable." -- Jim Rohn
— Jim Rohn Official (@OfficialJimRohn) March 24, 2014

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Disclosure: I am an paid affiliate of Amazon.com

"We all know a variety of ways to make a living. What's even more fascinating is figuring out ways to make a fortune." -- Jim Rohn
— Jim Rohn Official (@OfficialJimRohn) March 21, 2014

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"Profits are better than wages. Wages make you a living; profits make you a fortune." -- Jim Rohn
— Jim Rohn Official (@OfficialJimRohn) March 13, 2014

Four Keys to Success (Part 1)

Hello, I'm Kevin Bennett. I am always looking for success-minded people to share Ideas with and talk about success strategies. Here is my latest concept called the * Four Golden Keys to Success. *
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Golden Key #1 - * Long Term Consistency *
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If you do something for a week and quit, no matter what field you are in, you are definitely going to fail. You are going to have to put some time in. To get a frame of reference, I would think of this as how many weeks per year of high performance work you are spending on your endeavor. Keywords being "high performance."
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My theory is that there is nothing wrong with reasonable rest and vacation time. So if you have 40 to 45 weeks per year of high performance work, you are doing very good. 30 to 35 or less, probably just kidding yourself.
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Let's say you are already a millionaire and a smashing success in your field. You may be able to coast by on 20 weeks per year since you have built up so much momentum. But for people starting out, you are really going to have to apply some elbow grease.
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Speaking of momentum, this is one of the main reasons long term consistency is so important. Let's say you spend a month working up a Mozart sonata on piano. You are making progress and the piece sounds good. You have learned the entire piece so you are very satisfied with yourself. Now you decide to move on to basket weaving. You essentially blow off the piano playing and get into your basket weaving full time. Then after a couple months of this you decide to dabble in guitar a little bit. You get a guitar and start plunking away for a month but you find that playing chords on a K-Mart special really irritates your finger tips.
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Suddenly one day, you remember how much fun you had playing that Mozart Sonata on piano and you throw down the baskets and K-Mart guitar and jump back on the piano. Very quickly, however, you realize you have forgotten many of the riffs and you are playing very badly. So you have to spend a few days re-learning the sonata and finally in about a week, you can play it almost as good as you used to.
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What's happened is you have lost momentum. So now you are having to spend more time to go back and re-learn rather than learning something new. If you had even played the sonata a few times per week, you could have kept it fresh and added a second or even third sonata by now. You could have did some basket weaving or guitar playing on the side as long as you kept up your piano skills as the top priority.
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How many things can you do? I would say the key is not how many things you do, it's making sure you have at least one thing that you apply the four keys of success to. I don't care if you do 10 other hobbies on the side as long as you are great at at least one thing. In the movie "City Slickers" they talked about this "one thing" theory. You can add other things (hobbies and endeavors) as long as you do not sacrifice your "one thing".
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I would love to hear your comments and your own ideas! Thanks, Kevin Bennett