There is a fundamental economic problem we all agree to which is this – that human wants are infinite and that the finite resources available are insufficient to satisfy all of them, hence the need to set priorities. Setting priorities is therefore a skill every individual, organization or nation should know how to do. By following these steps in any endeavour you seek to embark upon, you will have your priorities efficiently laid out every time.
1. Let your goals be precise: In the face of unlimited wants, something has to give way. So, identify your goals clearly and determine which are most important. Through this, you stand a better chance at attending to what matters most to you.
2. Make good use of time: When setting priorities, let time be an ally of your goals because it is the most important friend you need to achieve them. Don’t pick goals that will run against the clock as they eventually end up wasting your time and energy.
3. Rank in order of importance: When doing this, choose carefully what will be on the list from the top to the bottom of the list. Measure each goal you would like to achieve by how much and how soon you need to benefit from them. Measure them based on what would make you happier or fulfilled first.
4. Start now: As soon as you have ranked your goals in order of importance, it is time to begin working on them. Do not delay to start working on them because the more you delay, the more it becomes difficult to reach them.
5. Stay on course: When you start making your priorities a reality, try your best to stay on the course you have planned out. Ask yourself questions about whether your actions make you achieve your priorities or takes you further away from them.
6. If you do stray, don’t sweat it every time: Although achieving your goals and meeting the needs you have noted down will happen when you stay on course, we understand that there might be some small slips here and there. As long as you do not stray from your course every time, you’re okay. If you do stray occasionally, know that it is okay too.
7. Change is the only constant thing: Our wants and desires are fleeting and short lived and as we grow older, they are bound to change. Expect it, and consider scheduling a re-examination of your priorities at least for every five years.