The 10X Rule

Setting “10X” Targets

To succeed you need to set targets, work systematically and doggedly, use time effectively and network. When you consider your life, you may see that you succeeded in the past when you put in 10 times more effort than most other people. Those who’ve achieved enormous success in the arts, philanthropy, politics, athletics or entertainment all followed the 10X rule.

Develop the capacity to foresee how much work you and your colleagues must sustain to achieve your targets. Then, set goals 10 times higher than that and undertake 10 times the effort that initially seems necessary. That’s what it takes to follow the 10X rule.

Four Mistakes

People tend to make four types of mistakes when they begin applying the 10X rule:

1. “Mistargeting” – They set limited goals whose targets don’t galvanize them.
2. “Severely underestimating” – They don’t realistically assess what it will take in effort, capital and gumption to achieve their objectives.
3. “Spending too much time competing” – They let their competitors dictate their pace of work and...