For manufactured housing professionals looking to increase effectiveness, the toplines inspired by the following infographic could prove to be a rewarding experience.
“The world’s most successful people, from Ray Dalio to Warren Buffett,” says Jeff Desjardins, “are not necessarily leagues above the rest of us in raw intelligence – they have simply developed and applied better mental models of how the world works, and they use these principles to filter their thoughts, decisions, strategies, and execution.”
“While it’s true that there are things you can do to fine tune your natural capabilities,” said Desjardins, the Visual Capitalist editor, “such as doing brain exercises, puzzle solving, and getting optimal sleep – the amount of raw brainpower you have is difficult to increase in any meaningful or permanent way.”
Thus, “For those of us who constantly strive to be high-performers in our fields, this seems like bad news. If we can’t increase our processing power, then how can we solve life’s bigger problems as we move up the ladder?”
Desjardins points to the 12 Mental Models captured in the infographic shown as a summary of the methods used by high performers to increase their effectiveness.
The infographic itself was the work of best-selling author and entrepreneur Michael Simmons. Simmons collected over 650 mental models through his work.
Concepts such as the 80/20 rule – “Pareto’s Principle” – along with compound interest, and network effects are all summarized in the visualization. Their major components are broken down further within the circle.
Desjardins notes Simmons’ example of the 80/20 rule – Pareto’s Principle, dating back to an 1896 paper – named after Italian economist Vilfredo Pareto.
It states that 20% of inputs (work, time, effort) often leads to 80% of outputs (performance, sales, revenue, etc.). That in turn can create an extremely vivid mental framework for making prioritization decisions.
The Daily Business News spotlights it in part for it’s noting the importance of discernment. Given the tremendous amounts of information, most of which comes with a strong bias, it is important for performers to determine what is logical – real – and what is mere opinion, and not too reliable.
For a rising industry in flux, it’s a good way to start the work week.
Ponder, profit, and enjoy. ## (News, analysis, and commentary.)
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Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.
Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.