The 5-Hour Rule

We have been told for years and year that “practice will make perfect” but does having a successful business require more than just practice from employees? Is there something more we can do? Michael Simmons explains what he calls the “5-hour rule.”:

“Over the past year,  I’ve explored the personal histories of many widely admired business leaders, including Elon Musk, Oprah Winfrey, Bill Gates, Waffen Buffet, and Mark Zuckerberg, in order to understand how they apply the principles of deliberate practice. 

What I’ve done does not qualify as an academic study, but it does reveal a surprising study. Many of these leaders, despite being extremely busy, have set aside at least an hour a day (or five hours a week) over their entire career for activities that could be classified as deliberate practice or learning. 

I call this phenomenon the five-hour rule.” 

Listen to the rest of the podcast at: http://tinyurl.com/j26b6mp

Matt talks with Michael Simmons, an award-winning social entrepreneur, bestselling author, and contributor to publications like Forbes, Fortune, Inc., Entrepreneur, Time, Business Insider, and HBR. Michael’s company, Empact, helps build the entrepreneurship ecosystem globally. Empact has held over 600 events at colleges, high schools, workforce development organizations, corporations, and Small Business Development centers in 7 countries.

Lessons from Matt’s Favorite Guys

What do the most influential men in our lives all have in common? Here are 4 examples from my life of those influential leaders and the qualities they emulate.

Bart Summerhays- (Youth Leader) “To Believe In Myself!”

 

Martin Townsend- (Dad)- “Lighten Up Life With A Laugh!”

 

Michael J. Preece– (Father In Law)- “A Life Without Learning Is Lifeless!”  

 

Ralph Smith- (Adopted Grandpa) “Love Is A Verb, Not a Feeling!”  

Lessons Learned from the Pixar Movie “Inside Out”

Relationship Insights From Pixar’s Inside-Out

Power of Recognizing Emotions of Others

Everyone’s Emotional Make Up Is Different

Changes In Life Foster Emotional Growth

 You Can Only Know Joy If You Know Sadness

Rule- Allow people to go to their darker emotions instead of always having a need to pull them out of it. If it goes too long or too deep you can get help, but instead of trying to change their feelings, just understand them. Let them explore them with you. Then they’ll be able to let go of them so much quicker.

Dr. Matt Townsend's Web Site