Life Coaches Blog

One of my favorite personal development bloggers Steve Pavlina has a great post on “What is Productivity?”

Here’re some brilliant excerpts:

Here’s my personal definition of productivity:

Productivity = Value / Time
(productivity equals value divided by time)

By this definition there are two primary ways of increasing productivity:

1) Increase the value created

2) Decrease the time required to create that value

And he goes on to explain very usefully his definition of value, and comes to this neat formula:

Value = Impact x Endurance x Essence x Volume

And therefore:

Productivity = Impact x Endurance x Essence x Volume / Time

I would encourage anyone interested in ‘personal development for smart people’ to subscribe to Steve’s Personal Development blog, always thought-provoking and full of good stuff.

Update: I think Paiboon’s comment below adds so much new value that I’m going to include it here in this post. To paraphrase him:

In Wealth Academy, we learnt that Money = Value x Time x Scalability.

Therefore; Money = Productivity x Time Square x Scalability.

Finally, adding in Steve’s formula makes; Money = (Impact x Endurance x Essence x Volume) x Time x Scalability

Interesting. Thanks, Paiboon!