Generate a stop-doing list, not just a to-do list for next year
What you stop doing next year is as important as what you start.
Why it works
The annual review commonly produces a list of new commitments for next year, added on top of existing ones. Without identifying things to stop, the new commitments compete with persistent old ones for the same finite time and attention. A stop-doing list creates the capacity for the new commitments by explicitly retiring activities, obligations, or relationships that no longer serve.
How to do it
- Review the "what did not go well" list and ask: which activities, habits, or obligations contributed to those outcomes?
- List any commitments you have continued out of inertia, obligation, or sunk-cost reasoning rather than genuine value.
- For each stop-doing item, identify the specific mechanism for stopping (decline renewals, set an end date, have a conversation).
- Schedule the stopping, not just the starting.
Evidence
Resource depletion and goal-conflict research supports the value of eliminating competing commitments when adding new goals. Sunk-cost reasoning is well documented as a driver of continued investment in low-value activities. (observational)
The stop-doing list is a practitioner tool; the underlying mechanisms (goal conflict, resource depletion) are empirically grounded.
Common mistake
Treating the stop-doing list as theoretical (naming things to stop without a concrete mechanism for actually stopping them), which leaves the commitments on the calendar.
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More practices for The Annual Review (Tim Ferriss Method)
- Gather raw material before reflecting
Pull the data — calendar, photos, notes, emails — before you begin reflecting, so memory does not do all the work.
- Go deep on "what went well" — extract the recipe, not just the win
A win recorded but not analyzed produces no transferable knowledge — identify what specifically caused it.
- Spend more time on "what did not go well" than on what did
Failure analysis contains the most actionable information in any honest review.
- Frame next-year commitments as experiments, not resolutions
A 90-day experiment is testable and revisable; a resolution is an unmeasured pledge that either holds or breaks.
- Inventory your peak experiences to find the conditions that produced them
Your best moments from the past year reveal which conditions you need more of next year.
- Share the review with someone who will ask honest questions
A review held privately is easier to fudge; one shared with an honest questioner is harder to rationalize.