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The 80-20 Rule
Manage episode 334064285 series 3332494
The principle behind this rule which I’m going to tell you more about in a moment is that 80% of the results you achieve are from 20% of your efforts.
Think about that for a minute. You work hard on a project. Let's say that the project is starting a business. According to the 80-20 rule, only 20% of your effort was viable. Only 20% of working hours and hours, days and days on your business, was productive enough to produce results.
When I heard about the 80-20 rule, it intrigued me. I wanted to know more. I wanted to know if I was actually wasting my time, which, to some degree, we all do.
But, I really wanted to know if I am only getting 20% results from my effort.
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Chapters
1. The 80-20 Rule (00:00:00)
2. Principle Behind the 80/20 Rule (00:00:05)
3. Why This Rule Intrigues Me (00:00:45)
4. The Pareto Principle (00:02:40)
5. The Pea Plant & How It Relates To The 80/20 Rule (00:03:15)
6. Personal Efficiency (00:04:50)
7. The 80/20 Rule Formula (00:05:09)
8. Another Standpoint (00:05:15)
9. Using The Rule To Determine If You Are Working Too Hard (00:05:52)
10. The Three Step Process (00:06:20)
11. Ask & Answer Question You wouldn't Consider (00:09:05)
12. Deligate, Rethink, Abandon (00:09:50)
13. Take Your Goals To The Next Level (00:10:10)
14. Questions For Applying The 80/20 Rule To Your Personal Life (00:11:05)
15. Why The 80/20 Rule Is Not Simple To Incorporate (00:11:50)
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