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Pareto's law. It all started with peas...
How to become more efficient? How to make sure that those hours that are in the day are enough? Read the story about peas and apply in your life!
At the end of the 19th century, an Italian named Vilfredo Pareto noticed that 80% of the crop produced 20% of the pods. And then I realized that the same imbalance can be seen in other areas: 80% of taxes are paid by 20% of enterprises, 80% of wealth is owned by 20% of people 80% of crimes are committed by 20% of criminals 80% of the work is done by 20% of the workers.
This pattern was taken up by Joseph Moses Juran, an American engineer and management consultant, who formulated it as a universal principle. Later, many books on this subject were written by various authors. Some even became bestsellers. And this phenomenon entered popular culture under the name "Pareto's Law".
The Pareto Law reflects how unevenly distributed the results are relative to the efforts made.
Why do you need this knowledge and how can it help?
“Work, family, life… I don’t have enough time to study, develop, read, attend seminars…”
Familiar?
We suggest you turn to the Pareto law and optimize your daily routine a bit. To do this, you need to take several steps.
1) Make a clear list of things that you have planned for today. 2) Next to each item, write the expected result. Why is this thing on your list? 3) Look at the results and evaluate how each item brings you closer to improving your quality of life.
Hasn't it turned out that only 20% of cases have real tangible benefits? Do you spend 80% of your time on things that do not bring tangible benefits to your life?
4) Assign each case on the list a priority. Maybe there are some things on the list that should not be there at all or that you need to boldly delegate, because they just eat up your time? 5) Concentrate your efforts on the highest priority tasks and evaluate how much real time you have.
Performing such simple actions shows how inefficiently we allocate efforts and waste time, and how wrong we are when we say that we do not have time for study / self-development / reading smart books.
So maybe you should focus your efforts on these 20%? Set priorities and move towards your goal!