Practice the 80/20 rule from "summary" of Eat That Frog! Action Workbook by Brian Tracy
The 80/20 Rule is one of the most helpful concepts in time and life management. It was discovered by the Italian economist Vilfredo Pareto more than a hundred years ago. He found that 20 percent of the people in Italy owned 80 percent of the wealth. This principle applies to almost every area of work and personal life. For example, 20 percent of your activities will account for 80 percent of your results. It means that if you have a list of ten items to do, two of those items will turn out to be worth more than the other eight items put together. In the world of sales, it means that 20 percent of your customers will account for 80 percent of your sales. In the field of time management, 20 percent of your tasks will account for 80 percent of the value of what you do. The 80/20 Rule is also known as the Pareto Principle. It says that 20 percent of your tasks will account for 80 percent of your results. This means that, if you have a list of ten items to do, two of those items will turn out to be worth more than the other eight items put together. This principle can be applied to almost every area of work and personal life. In sales, for example, it means that 20 percent of your customers will account for 80 percent of your sales. In time management, it means that 20 percent of your tasks will account for 80 percent of the value of what you do. The key to personal effectiveness is for you to determine the top 20 percent of your activities that account for the 80 percent of your results and then to spend more time on that 20 percent. This is how you Practice the 80/20 Rule. You organize your work so that you are working on your highest-value tasks all the time. By focusing on your highest-value tasks, you can increase your productivity and output exponentially. You can achieve more in a shorter period of time than you ever thought possible. All successful people practice the 80/20 Rule in some form, and you can do the same. It all comes down to identifying your most important tasks and focusing on them with single-minded determination.Similar Posts
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