How to Apply the Principle of Finite Volume to Your Company

This episode explains the Finite Volume Principle and the importance of defining the beginning and end of any project.

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The Finite Volume Principle

• The Finite Volume Principle is the idea that in any physical room there is a finite amount of space. Once you have exhausted that space, there is no more room to grow and therefore no more opportunity.
• Every business owner at one time or another finds themselves overwhelmed with tasks and work with approaching deadlines.
• One way to limit this feeling of overwhelming exhaustion is to set clear objectives and milestones that keep the business and your positive outlook moving forward.

Breaking it Down

• Break down your business into 3-5 elements that can all be worked on and improved upon separately.
• Defining a beginning, an end and then filling in the middle will leave you at a place where you can cross objectives off of your to-do list instead of being stuck on a revolving wheel.

Overcoming the Fear

• There are countless businesses who fail to break down their objectives and timelines into a format that is easy to comprehend.
• Fear can come in a lot of forms, like an overwhelming feeling and fear of failure are just a few.

 

Move the Big Rocks First!

• The demonstration of rocks, stones, sand and water in a glass container truly expresses how it can be difficult for employees or business owners to understand their true finite volume.
• Your primary focus should be the rocks, the rocks represent the larger objectives or defined ends that result in a project’s completion.
• If you are able to evaluate your processes every few weeks, you’ll be shocked at just how much you and your team can accomplish.

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