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Identify Your 80/20
We have never considered this before but the same principle applies to our lives.
- The kind of food we eat, only 20 percent of it really matters.
- The people we meet, 80 per cent of those are not worth meeting.
- The stuff we buy (like clothes and gadgets), 80 percent of it we hardly use.
- The things we do 80 percent of the time, are not providing many benefits or fulfilment.
- The money we spend, most of it is not useful or healthy for us.
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Universal Law
The Pareto principle has been seen working in various fields, and domains:
- Sales and Marketing departments recognised that 20 percent of the customers brought 80 percent of the products, and 20 percent of their sales force made 80 per cent of the sales.
- Businesses realized t...
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Review Yourself
The 80/20 law, like gravity, is everywhere in your life.
Check your money flow, relationships, possessions, and the things you spend your time on, and find if there is any improvement that can be made in your life.
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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 sc...
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Universal Law
The Pareto principle has been seen working in various fields, and domains:
- Sales and Marketing departments recognised that 20 percent of the customers brought 80 percent of the products, and 20 percent of their sales force made 80 per cent of the sales.
- Businesses realized t...
The Good Stuff We Have But Don’t Use
It is very easy to accumulate stuff nowadays when online ordering is done with a few clicks and the stuff reaches our doorstep in no time. What’s has become an increasing problem is using the stuff we own.
Example: Most of us use only 20 percent of our clothes 80 percent of t...
Living the 80/20 Life
The 80/20 rule, also known as the Pareto principle, states that we need to focus on the few things that get us the most benefit.
For a lot of events, approximately 80% of the effects come from 20% of the causes. So pick the 20% of your tasks that yield 80% of the results and outsource...
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