How to apply the 80/20 rule in your business
Identify a few tasks from your to-do list that will potentially give you the most productive results and spend your time and energy on those few, very productive tasks rather than wasting hours on something that won’t give you much of a reward.
In this way, you won’t feel overwhelmed all the time, and at the end of the day, you will feel like you have done things that will actually make you most of the money.
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The 80/20 Rule
Another way to prioritize tasks is by using the 80/20 rule. This rule states that 20% of your work will account for 80% of your results.
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#4 Live by the 80/20 Rule
“80% of the output or results will come from 20% of the input or action.”
Use the 80/20 rule to constantly question yourself if your focus, time, or money is on the things that generate the majority of the results:
- Are you focusing on the tasks that bring the most out...
3. Apply the 80/20 Rule to Everything
The Pareto Principle or 80/20 Principle says that 20% of your activities will account for 80% of your results.
Resist the temptation to clear the small tasks first; instead, start your day by asking, “Is this task in the top 20% or bottom 80% of my activities
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