This document outlines the key points of Stephen Covey's 7 Habits of Highly Effective People, specifically Habit 3 of putting first things first. It discusses the importance of self-leadership and prioritization using a mission statement as a guide. Covey's 4-quadrant time management model is presented, distinguishing between urgent vs important and noting that effectiveness comes from focusing on important but not urgent Quadrant II activities. Examples are given of applying this habit, such as choosing to visit family in the hospital over higher pay at work, and buying a laptop over a tablet for future benefit.