I may have found the key, the roadmap, the ultimate guide – to achieving success. I understand the gravity of that statement, and I also think you may agree.
Entrepreneur, Justin Prince, says that we lack priorities, not time. To help focus on our priorities, he created a strategy called “The 5 by 5”. To start, you list 5 key areas in your life. Mine, for example, are:
Relationships
Forex/Business
Physical Health/Diet
Mental Health/Clarity
Time with Family
Next, you list 5 activities within each area of importance that would drive or promote that area. For example, in Forex/Business, my 5 activities are:
Analyze on the weekend
Follow my trading rules
Keep up with the news
Stay active in the forum
Join the live sessions
And that’s it! By creating the 5 by 5, you’re creating your guide toward success! Obviously, there will be more things and activities to do. But, by having a core 5 things to make sure to do daily or weekly, the chances of straying from success are minimalized.
He also has a separate philosophy that supports this method. “The Rule of 5” has five key points Justin adds to keep in mind:
First, he says you need to know what you want. This will help you select your 5 areas of focus. I’ve touched on this before, too; without a clear goal in mind, it’s unlikely you’ll feel accomplished.
Second, you need to have the right tools. Pertaining to Forex, you already have a great tool – ForexMentorPro.
Third and fourth, you need to stay focused and persistent.
Fifth, persist until you succeed.
The analogy he gives to tie all five of those points together is chopping down a tree. We know what we want – to chop down the tree. So the right tool for the job isn’t a golf club, it’s an ax.
Staying focused would be focusing on one tree. If you go out into the woods and swing your ax at different trees every day, none will fall.
With persistence, you have to be mindful, because there’s a difference between activity, and results. You can chop and chop, but if you’re not seeing results, maybe try a different tree or a different ax (i.e different trading strategy, trading rule parameters, etc.). This, in my opinion, is the hardest to ‘see’. Be mindful of time and how far you’ve advanced in your areas of focus.
Lastly, if you persist – TIMBER! You’ve guaranteed yourself success, and reached your goal.
Here’s a video where Justin explains the 5 keys to use to unlock The 5 By 5 method:
Truly imagine if you listed those 5 by 5, and if you stuck to them. Don’t you think 2023 would be your year?
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