the 80/20 rule- how can it change your life - Deepstash
the 80/20 rule- how can it change your life

the 80/20 rule- how can it change your life

The 80-20 rule, that 80% of an outcome generally came from only 20% of its inputs.

Take advantage of this knowledge and find out what that activities are a part of that 20 percent.

For example, say you're an agency owner looking for clients. You spend 30 minutes a day emailing potential clients and 1 hour messaging and maintaining the businesses social media account. Only 1 client was referred to you by social media, whereas you have 5 clients were gained through email. It's clear that you should shift your time to email outreach if you want to maximize your clients.

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The Pareto Principle

... or the 80/20 principle was coined in the early 1900s by Vilfredo Pareto, an Italian economist. He observed that the pea pods in his garden were producing peas at this rate. 20 percent of the pea pods produced 80 percent of the peas. This output was then observed by him on a larger scale, across industries, societies and companies.

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Not having clear goals makes it hard to focus well on your priorities at hand. Applying the 80/20 rule will lift that mental clutter and enable you to focus better on your priorities. By merely identifying that this task is a priority, you’ll start to approach it with more impact and intensity.

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