The 5-P’s of Effectiveness

For many people in the world, not just entrepreneurs, but human beings in general, there is a constant need to be more productive… but what does that mean? Better yet, why do we work so hard to be productive, but not necessarily effective?    Peter Drucker defined efficiency as doing things right but effectiveness as doing the right things. Dan Sullivan defines productivity as doing as many things as possible in as little time as possible but priority as doing the right things at the right time.    Both of these definitions are the baseline of the 5 P’s. You see when you’re working through productivity, efficiency, and effectiveness, many times you’re in a mode of switch-tasking. Instead, to get the most out of your time, you should monotask. You should work through each P, one at a time, until the assembly line is done and then switch to the next line. Listen in to learn what the 5-Ps are, the order in which you should do them, and why you should use them to become more effective in your personal and professional life. Your three key insights are:    What the 5-Ps of Effectiveness are and why they are critical to success.  What the difference is between efficiency and effectiveness.  How to become more effective in your personal and professional life.   Which tasks are you going to move from switch-tasking to monotasking? How will it help your effectiveness?    In This Episode:  [01:42] - Welcome back to All Selling Aside! [04:50] - Learn the three key insights Alex will share in this episode.  [06:48] - Peter Drucker was a business philosopher and an amazing thinker.  [07:29] - How Peter Drucker defined efficiency and effectiveness. [09:31] - Productivity and priority defined.  [12:32] - What is switch tasking and why is it inefficient and ineffective?  [13:50] - When you monotask it requires less willpower and energy. [16:55] - What are the 5-P’s of effectiveness? The first is preparation. [18:13] - Next you need to plan.  [20:06] - The third P is production.  [20:40] - Once you produce you move into promotion mode.  [21:04] - The 5th P is not in your control and it is profit. [22:03] - Doing the right things is taking the sequence of the 5 Ps and working them in order.  [24:08] - The Alexism is, “There are two types of regret all humans have between the inhale and exhale of their final breath on Earth: (1) The things they wish they shouldn’t have done, (2) the things they wish they should have done, but didn’t.”  [25:20] - Hear a quick review of the key insights in this episode:  What the 5-Ps of Effectiveness are and why they are critical to success.  What the difference is between efficiency and effectiveness.  How to become more effective in your personal and professional life.  [26:17] - If you’ve already given Alex a review, write down your biggest takeaway from this episode on an index card. If you haven’t, though, please use that Aha! moment as your review for the show at this link! [28:16] - In honor of this episode, Alex gives listeners a final gift. You can get a 30-day free test drive of Kartra.    Links and Resources:  Alex Mandossian Alex Mandossian Fan on Facebook Alex’s Friday Live events MarketingOnline.com Marketing Online 4-Part Video Training Series Alex Mandossian on YouTube Alexisms by Alex Mandossian All Selling Aside on iTunes   Peter Drucker Jim Collins Dan Sullivan