“Focus on being productive instead of busy.”
Tim Ferriss, American podcaster, author and entrepreneur
- The 80/20 principle was first introduced by Italian economist vilfredo pareto, back in 1895 .
- Hence, 80/20 principle is also called as parieto principle.
- According to 80/20 principle not all activities have equal value.
- It means 80 percent of results we get comes from the 20 percent of activities we do.
- And The reverse is also true 80 percent of activities brings only 20 percent of the results.
- For example , if we do 10 activities in a day only 2 activities are really very important and that brings 80 percent of our results in a day.
- While the other 8 activities we do in a day brings only 20 percent of the results.
- Most of us were not aware of this, and we spend most of our time in non result producing activities repeatedly throughout our life and that is one of the reason we achieve a lot lesser.
- Our job is to focus our time and energy on the most important activities that produce maximum results.
- 80/20 rule can be applied to almost all parts of our life to improve our productivity.
- 80/20 is one of the key concept in time management and productivity.
- Always focus on the results not on the activities.
- Instead of doing too many things in a day, do fewer things which brings greater results.
“Simplicity boils down to two steps: Identify the essential. Eliminate the rest.”
Leo Babauta,
muthunarayanan.in 