Books, Think & Grow Rich

Take Inventory of Yourself: 28 Questions You Should Answer

> download your copy here <

The amount of money we make, the relationships we have, the progress we make… can be directly related to the effectiveness and quality of our actions.

At a warehouse for example, if the machine is effective, we’re pushing out quality products. The labels line up perfectly.

We’re like machines in that way. If we’re off in some way, the results we get will be slightly (or majorly) different from what we’d want.

Below are 28 questions that allow us to take a personal inventory. They come from one of my top books: Think and Grow Rich by Napoleon Hill.

Ideally we find faults in our actions and work to improve them. Overtime we should find ourselves doing better, at a larger amount, with a good positive attitude. The theme of these questions is performance, at work and in life.

Self-Analysis Questionnaire for Personal Inventory

  1. Have I attained the goal which I established as my objective for this year? (You should work with a definite yearly objective to be attained as a part of your major life objective.)

  2. Have I delivered service of the best possible quality of which I was capable, or could I have improved any part of this service?

  3. Have I delivered service in the greatest possible quantity of which I was capable?

  4. Has the spirit of my conduct been harmonious and cooperative at all times?

  5. Have I permitted the habit of procrastination to decrease my efficiency and if so, to what extent?

  6. Have I improved my personality, and if so, in what ways?

  7. Have I been persistent in following my plans through to completion?

  8. Have I reached decisions promptly and definitely on all occasions?

  9. Have I permitted any one or more of the six basic fears [poverty, criticism, ill health, loss of love of someone, old age, death] to decrease my efficiency?

  10. Have I been either “over-cautious,” or “under-cautious”?

  11. Has my relationship with my associates in work been pleasant, or unpleasant? If it has been unpleasant, has the fault been partly, or wholly mine?

  12. Have I dissipated any of my energy through lack of concentration of effort?

  13. Have I been open-minded and tolerant in connection with all subjects?

  14. In what way have I improved my ability to render service?

  15. Have I been intemperate in any of my habits?

  16. Have I expressed, either openly or secretly, any form of egotism?

  17. Has my conduct toward my associates been such that it has induced them to respect me?

  18. Have my opinions and decisions been based upon guesswork, or accuracy of analysis and thought?

  19. Have I followed the habit of budgeting my time, my expenses, and my income, and have I been conservative in these budgets?

  20. How much time have I devoted to unprofitable effort which I might have used to better advantage?

  21. How may I re-budget my time, and change my habits so I will be more efficient during the coming year?

  22. Have I been guilty of any conduct which was not approved by my conscience?

  23. In what ways have I rendered more service and better service than I was paid to render?

  24. Have I been unfair to anyone, and if so, in what way?

  25. If I had been the purchaser of my own services for the year, would I be satisfied with my purchase?

  26. Has the purchaser of my services been satisfied with the service I have rendered, and if not, why not?

  27. Am I in the right vocation, and if not, why not?

  28. What is my present rating on the fundamental principles of success? (Make this rating fairly, and frankly, and have it checked by someone who is courageous enough to do it accurately.)”

This is the exact self-analysis questionnaire we use at our house! It’s the first thing we do to close out the year and plan for the new year. And you most certainly can go through this at any point throughout the year.

Productivity

Maximizing Productivity: Applying Pareto’s 80/20 Principle for Success

PARETO’S LAW: Vilfredo Pareto is an Italian economist who is credited with coining the term the 80/20 principle. That is, 80% of results are driven by 20% of effort.

Tim Ferriss, author of 4 Hour Work Week, claims that each of us should revisit the 80/20 principle every four weeks and apply it to both our work and personal lives to see how we can focus on maximizing our productive output.

Sample questions to prompt your own 80/20 analysis:

Personal

Which 20% of daily foods provide 80% of nutrients?

Which 20% of daily activities support 80% of growth?

Which 20% of daily movement provide 80% of results?

Which 20% of daily actions provide 80% of energy?

Which 20% of worries fuel 80% of anxiety?

Work

Which 20% of my network supports 80% of my growth?

Which 20% of business activities generate 80% return?

Which 20% of content gets 80% of engagement?

Which 20% of finance activities bring 80% of results?

Which 20% of customers are driving 80% of revenue?


My experience with 80/20 analysis

I started implementing the 80/20 analysis in 2020. It’s a great exercise to help me narrow my focus on what I should be doing on a daily basis and who I should be surrounding myself with if I want to be happy, healthy, and fit in all areas.

The 80/20 analysis helps me produce more result with less effort. A few right things done each day = long term success. Analyzing the 80/20 principle helps you figure out what those few right things are for you.

And because we are always changing and evolving, reviewing 80/20 multiple times throughout the year allows us to keep a pulse on what’s really working for us, adjusting along the way.

When we start to narrowing in on the 20% activities that give us more result, our personal and work KPIs skyrocket. Going all in on a handful of activities each day is way better than overcommitting and being spread too thin.

I love this quote by Bruce Lee: “I fear not the man who has practiced 10,000 kicks once, but I fear the man who has practiced one kick 10,000 times.”

After I review my 80/20 analysis, I update my Life Map accordingly and use the Powerlist to keep on top of my daily goals.

Each day, in every way, we are getting better and better.