This simple 80/20 rule applies to anything in your daily life…literally anything. If you do recognize this rule and use it effectively, this would become a useful weapon for you to create a wealth, build a business and also make your friends and family happy.
That sounds like it is a magical tool that you can use to be successful quickly, doesn’t it? Yes, it is. Most of the good knowledge, opportunities and tools are constantly available for everyone to utilize, however, many are failed, not to use those but failed, to recognize.
The 80/20 rule states that roughly 80% of the effects come from 20 % of the causes.
For example,
In real estate,
-80 % of the land is owned by 20% of the population.
In sales,
-80% of sales come from 30 % of clients
In economically, distribution of world GDP represents,
-20 % of the richest population is controlling 80% of world’s income
Microsoft said that,
-Fixing the top 20% of the most-reported bugs, 80% of the related errors and crashes in a given system would be eliminated
In sports,
-Roughly 20% of the exercises and habits have 80% of the impact and the trainee should not focus so much on a varied training
In Occupational health and safety
-20% of the hazards account for 80% of the injuries, and by categorizing hazards, safety professionals can target those 20% of the hazards that cause 80% of the injuries or accidents.
In Crime,
-80% of crimes are committed by 20% of criminals
Basically, long story short, the 80/20principle assets that a minority of causes, inputs, or effort usually lead to a majority of results, output, or rewards.
My goal here is to reach my goal of life effectively and faster and reach my potential in happiness via success and influence and wealth. Wouldn’t that be great to know that 80% of what you achieve in your job comes from 20 % of the time spent? On the other hand, four-fifths of the effort is pretty much irrelevant to your majority of success.
I just want you to take a look at your behaviors and what you focus on in your daily life. How much of what you do is merely busy-work that perhaps makes you feel needed and important, but that does not really satisfy your goal.
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