Let us create a 3D eBook for you!
Let us create a 3d Digital eBook for you! DigyCat.com

Vilfredo Paretos Principle: The 80-20 Rule: 80% of Results are Produced from 20% of Efforts


Vilfredo Pareto's Principle, or The "Pareto Principle," is more commonly known as the 80-20 rule. It suggests that a ratio of approximately 20% to 80% can be found as an effective measure for most things in life. Whether revenues generated per customer or value for hours worked, it usually can be found that 80% of all of our results in business and in life come from only 20% of our efforts!

As importantly, the 80-20 ratio seems to hold true for many input/outputs, causes/consequences, or efforts/results. It also holds true across the spectrum of relationships, business, finances, time- whatever the case may be.

Richard Koch, author of The 80/20 Principle, suggests that the key to earning more and working less is to pick the right thing to do and only those things that add the highest value. Contrary to public belief, "be intelligent and lazy" is NOT an oxymoron- in fact, it's an important theme of this book! Discarding low value activities in all areas of your life, the true essence of the Pareto Principle, will create the time and freedom for you to enjoy a more richly endowed lifestyle.

How can you apply Pareto's Principle?

Look for the evidence of Pareto's Principle in all areas of your life. As best you can, determine where 20% of your energies, resources, time, and talents should be invested for maximum benefit (The 80-20 Rule). Then do it.

In addition to concepts like Pareto's Principle, wizardZofwealth.com offers people of all income levels wealth-building strategies in the areas of small business, entrepreneurship, self development, personal finance, trading, and investing. The site's exclusive Wealth Notes presentation style makes learning easy for people seeking financial independence.


MORE RESOURCES:

Time Management - Google News

This RSS feed URL is deprecated

This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news

Prevailing over procrastination - Harvard School of Engineering and Applied Sciences


Harvard School of Engineering and Applied Sciences

Prevailing over procrastination
Harvard School of Engineering and Applied Sciences
Time 2 is the second version of an app Singh developed while in high school. “It came out of necessity because I never could stay focused on homework for a long time,” Singh said. “But if I had something pressuring me to get my work done, even just a ...

and more »

Entry 26: One Fight at a Time - War on the Rocks


War on the Rocks

Entry 26: One Fight at a Time
War on the Rocks
There's obviously a good bit of overlap in these two, but they're happening on different time horizons and at different levels of abstraction. The Korea crisis is very much in the present and existential, while the disruptions to U.S. foreign policy ...

Morgan Stanley Wealth-Management Fees Climb to All-Time High - Bloomberg


Bloomberg

Morgan Stanley Wealth-Management Fees Climb to All- Time High
Bloomberg
Fourth-quarter wealth- management revenue climbed 10 percent to $4.41 billion, exceeding the $4.22 billion estimate of Jason Goldberg, an analyst at Barclays Plc. Pretax profit in the unit set a record for the fourth straight quarter. Morgan Stanley ...
Morgan Stanley tops estimates on underwriting, wealth management Reuters
Morgan Stanley earnings: 84 cents per share, vs. 77 cents EPS expected CNBC

all 107 news articles »

COLUMN: Time management proves necessary skill - The Daily Toreador


COLUMN: Time management proves necessary skill
The Daily Toreador
I have what most people would call a time- management issue. It is a trait I refer to more accurately as a time-optimism issue. This is the best way I know how to describe it. I too often believe that life will always provide another hour, another 10 ...

2018 Time Management Tips That Work | Benzinga - Benzinga


2018 Time Management Tips That Work | Benzinga
Benzinga
Early in the year, after the holiday festivities have subsided, is a perfect time to invest in improving your time management skills and get more of the right work done in less time with less stress. According to Lynn Sherman, President of PEPworldwide ...

and more »

Time management problems? You might be asking the wrong questions - SmartCompany.com.au


SmartCompany.com.au

Time management problems? You might be asking the wrong questions
SmartCompany.com.au
Viewed from a different perspective, Gilkey points to energy and attention as being more scarce than time. “People who think they have time management problems really have priority management problems, which means, at root, they have self-management ...

ASU offers time-management help for student success - Arizona State University


Arizona State University

ASU offers time-management help for student success
Arizona State University
As the second semester of the academic year begins at Arizona State University, many freshmen are facing the reality that they need to build up an important skill for college life: time management. Many freshmen are overwhelmed by the unstructured ...

Manage Your Attention Instead of Your Time - Lifehacker


Lifehacker

Manage Your Attention Instead of Your Time
Lifehacker
Attention management is more than not looking at social media every five minutes—though it's also that, too. It's also about setting priorities and focusing your attention where it matters. And where it matters is often “deep work.” Rao divides ...

The 3 Mistakes I Made Learning To Manage Time - Forbes


Forbes

The 3 Mistakes I Made Learning To Manage Time
Forbes
As a CEO, smart time management is critical to success. Let me tell you a dirty little secret: It doesn't always come naturally, especially to entrepreneurs that become executives. When I was just starting out as an executive, I found myself struggling ...

LargeFriends.com - the best dating site for plus-sized singles!
SuccessfulMatchCentral.com - the best dating site for plus-sized singles!

PreLaunchX

MyIdeal Domain Is For Sale - $8,000 For Enquiries eMail Us

© www.MyIdeal.biz - 2012

home | site map | links