What everyone ought to know about doubling your producitivity.
80/20 Rule
There are only 24 hours a day in our life and what does that mean? It means that our time is finite and there is a limit on how much time we can utilize. Do you want to be able to double your productivity and and double your time off?
Yes! Of course you want. So what can you do to achieve that? This is where the 80/20 rule comes into play.
So what is the 80/20 rule?
Bill Perreto was an economist who observed that in Italy, 80% of the income was received by 20% of the Italian population and he later found that a small proportion anything was responsible for a larger proportion. The general idea is, a small portion of things are always responsible for creating the larger portion of things happening.
So the relationship is always like, 20% of the people are earning 80% of the money or 80% of the world's greenhouse gases were produced by 20% of the population. It is not the exact figures but it is the general idea of how things are according to proportion.
80/20 Rule applies in our life too.
What if you are spending 80% of your time on activities that produced 20% of value to you? Inefficient isn't it? Why would anyone want that? It is just like giving you 50 cents for 1 dollar of yours.
In order to double your productivity and double your time off, you need to focus your energy and use 20% of your time to produce 80% of value to you.
Examples of 80% activities that produce 20% of value.
- Watching television
- Spending huge amount of time on the phone.
- Hanging around with colleagues at the pantry
Examples of 20% activities that produce 80% value
- Creating a sideline income
- Writing a book
- Investing in yourself to learn a new skill
When you start to focus your energy on the 20% activities that produces 80% of value, you will find that you can double your productivity and double your time off. Most importantly, you will find your life back instead of slogging your life away.
P.S: What are the activities that contribute more value to your life and are you doing them regularly?
Cheers
Vincent
Personal Development Blogger
There are only 24 hours a day in our life and what does that mean? It means that our time is finite and there is a limit on how much time we can utilize. Do you want to be able to double your productivity and and double your time off?
Yes! Of course you want. So what can you do to achieve that? This is where the 80/20 rule comes into play.
So what is the 80/20 rule?
Bill Perreto was an economist who observed that in Italy, 80% of the income was received by 20% of the Italian population and he later found that a small proportion anything was responsible for a larger proportion. The general idea is, a small portion of things are always responsible for creating the larger portion of things happening.
So the relationship is always like, 20% of the people are earning 80% of the money or 80% of the world's greenhouse gases were produced by 20% of the population. It is not the exact figures but it is the general idea of how things are according to proportion.
80/20 Rule applies in our life too.
What if you are spending 80% of your time on activities that produced 20% of value to you? Inefficient isn't it? Why would anyone want that? It is just like giving you 50 cents for 1 dollar of yours.
In order to double your productivity and double your time off, you need to focus your energy and use 20% of your time to produce 80% of value to you.
Examples of 80% activities that produce 20% of value.
- Watching television
- Spending huge amount of time on the phone.
- Hanging around with colleagues at the pantry
Examples of 20% activities that produce 80% value
- Creating a sideline income
- Writing a book
- Investing in yourself to learn a new skill
When you start to focus your energy on the 20% activities that produces 80% of value, you will find that you can double your productivity and double your time off. Most importantly, you will find your life back instead of slogging your life away.
P.S: What are the activities that contribute more value to your life and are you doing them regularly?
Cheers
Vincent
Personal Development Blogger
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