Learn From Parkinson’s Law

What can we learn from Parkinson’s law? So I don’t know this a law, maybe more of a theory, but we do have a definition of it and this is something that I was talking to Kyle about not too long ago. Kyle Dilworth. Yeah. Kyle Dilworth and had insurance.

That is him. So he told me about this kind of phenomenon, and we’re going to pull up the definition here on the other screen, and we’ll give you guys the link and chat that in for you.

But you know, we were talking about how people were not super productive and not getting more done that and they were still home all the time working. When we we’re talking about the Home

Office thing, the the the virus.

No, just in general that. So Parkinson’s law basically says that the amount of time that you allot for for a task, OK is how long you’ll take to get it done. So if you say like, Hey, this task is going to take me all day, so imagine you sit down at your computer for the day and you’re like, I have two things to do.

Right? And if you allot eight hours for it, it’s going to take eight hours. You’ll put in the time for it and then utilize all of that time. Ok, for whatever that is, if you give yourself six hours, somehow you’ll get it done in six hours. It’s kind of saying that humans will procrastinate. Yeah, and they will use all of the allotted time, especially if they’re employees. Hmm.

Right. So if you have employees working on something where they’re specifically getting paid per hour and you say, like, sweep the garage, then they’re going to take as long as the time you give them right and they’ll hustle and they’ll get more done if you crush the timeline on them. And crunch it in so they get more done.

I’m kind of laughing because when Kyle was little, he had a and they all got their cell phones for the first time. His voicemail said, If you can dream it, you could do it in this high pitched voice.

And so it’s kind of the same thing here. It’s funny that he brought that to you, because if you say you can do it in this period of time, then you will.

And the reason that I brought this up is because I thought it was appropriate for everybody that you can get done as much as you want to get done. If you choose and say, like, I can only do one transaction at a time, then that’s what you’ll do. And as long as it’s, you know, you’re happy with that, it’s totally awesome.

But what you’ll find is that maybe you need to prospect more. Maybe you need to whatever those things are. So if you identify what your limiting factor is and sometimes the limiting factor is your mind always

Right on what you think you can actually do or what you can accomplish, how you can wake up each morning and get started, but set a goal for yourself on what’s possible in eliminating this, but identifying the fact that things do constrain you in a lot of the time. It’s you constraining yourself. Wow.

With this, we are also our own, our own worst critics. So but you should think about that. You know, if you are in a comfort zone and you’re like, I’m doing one transaction a month, right? I think we could all do more than one transaction a month.

And you just have to set goals

And then if you want to do more than one, then you look backwards and see, what does it take to do that right? How many more people do I need to get in front of? You all know the funnel and you know what really has to go into it?

And you added a little because some deals are more time-consuming than others. But yeah, I think it goes back to goal setting. If you set your goals, you know, but yeah, you know, maybe we’re allotting too much time for a particular task.

That’s the idea or procrastinating or not holding yourself.

I really don’t want to do.

Yes, that’s exactly kind of the idea behind this right is setting yourself to a higher standard and breaking through this, this law or rule or whatever it happens to be right and you kind of have to become mindful of your time.

Ironically, if you would go and set a timer for a shorter period of time, you’ll find that you’ll get the stuff done right. So every once in a while, I’m like, I can only spend 10 minutes on this, so I’ll set a timer when I’m working on it. And then the timer goes off and I move on.

But ironically, I get it done in that 10 minutes. Whatever it is, you learn that from you. It’s helped me.

Yeah, it’s it’s really ironic, right? Yeah. But just remember what you have in your own way?

Pretty much so. All right. All right. So I hope you guys are all kind of thought about that and have a great day and be super productive because of it. A lot your time wisely.

Episode Links

Kyle Dilworth , Parkinson’s law , Mike Acquisto , Shana Acquisto , TNT 

Episode Recorded Live on YouTube 10.28.21

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