This is a super powerful principle and worth focusing on. What are the things that are going to move the needed the most for you? Focus on those things!
Doing the things that will yield 80% of results for 20% of the effort is a great way to prioritise my tasks when the mountain of work is overwhelming. It's an encouraging way to get rapid small wins and to declutter so that I position myself in a less stressful condition to address the more involved tasks. At some point though even those tasks that demand more skill, efforts and resources need to get done. So, depending on how many there are, I may keep easy tasks to intercede with long hard ones so as to alternate rapid success after having invested myself in harder ones for which the fruit of my effort is longer coming- an empowering breather between two involved tasks.
Use it to go through your long term and short term goals! It will help you evaluate where the true value comes from. Be honest to yourself, and ask yourself: what is the minimum we need. By making too long to do lists, we mainly end up kidding ourselves, subsequently disappointing ourselves, and then judging ourselves. Don’t. Be honest and up front – that is what you would expect in any relationship.
Management consultant Joseph M. Juran suggested the principle and named it after Italian economist Vilfredo Pareto, who noted the 80/20 connection while at the University of Lausanne in 1896, as published in his first work, Cours d'économie politique. Essentially, Pareto showed that approximately 80% of the land in Italy was owned by 20% of the population.
It is an axiom of business management that 80% of sales come from 20% of clients
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