The Pareto Principle
Given the 80/20 rule, you generally will find that you spend 80% of your time chasing that extra 20% of result. In THEORY, you should be able to do 20% of what you’re doing now and still get 80% of the result.
First, focus on the area where you get the highest ROI. Either where you get the most done, make the biggest impact, or make the most income. There will almost always be an 80/20 rule at plays…from there, really narrow it down and identify what that is and WHY that is. Second, identify where you’re spending 80% of your time chasing that last 20%.
Find out where you’re spending most of your time…and make the decision to cut it, automate it, or outsource it. Third, do more of what WORKS with your 20% output that generates most of your results. If you find that you get 80% of your business through cold calling, for instance…do more cold calling. If you’re in e-commerce and find that 80% of your income comes from iPhone cases…do more iPhone cases. Focus on replicating the 20% of your cause that leads to 80% of the effect. This is about optimizing as much as possible and working efficiently, not harder.
We stay awake for 15 hours, 20% of 15 is around 3. The most important 3 hours of your day is what you do when you wake up, regain life and understanding that you fell asleep and happened to once again be awake. These next 3 hours will determine the rest of the 80% of your day, Do you choose to be a sheep? A wolf? Do you wake up and consume? Or do you wake up to find peace and create, Here’s a fascinating look at it. Most humans wake up, They have to go work for someone else’s dream, they aren’t creating for themselves. They wake up and have the belief life is a drag and you’re just slaving away for some corp until you figure it out. Now how about if we wake up 4 hours before we go to work, this leaves 3 hours of work, 1 hour to get ready and commute. Let’s say you wake up and allow your fresh brain that has had no distractions yet occur the opportunity to focus on creation. How do you think you’d feel if after this creation you’d be going to work for someone else’s dream? You wouldn’t consider life a drag anymore, but you’d be pissed ! You’d be telling yourself how you have the urge to go back home and create for yourself, how it’s not fair that you have to dedicate time to someone else and not entirely for yourself. You’ll spend the next however many hours you work for thinking and consuming the same thing, Isn’t that so WEIRD? You have to sit down for HOURS thinking about this one specific topic you probably couldn’t even care less about? Is it not ODD, We don’t have the opportunity to have full control of our thoughts on a daily basis? That we get paid to work for someone else’s dream and during the mean time you and forced to think a certain way rather than have any free will, You say oh well i’m getting paid. But what are you getting paid? Is this payment really worth the fact that you cannot control your own thoughts for the next set of hours on end.
Here is where the addiction starts to occur.. You starting waking up each morning 4 hours before work, You spend 3 creating.. You start this sense of flow, Every morning you keep creating. You really become addicted because for the first time you had been able to do something for yourself and focus on it, It’s fun seeing your mind become attached to whatever it is your creating, It eventually feels like you don’t even control it but some other being is taking over for you. You’ve never felt this working for someone else.
It’s about remembering that the minority of your efforts produce the majority of your results. Then identifying this and leveraging it to do MORE of what works, and less of what doesn’t have the best ROI. This frees you up with MORE time and by focusing on your 20% that generates 80%, you should be able to INCREASE your revenue or productivity rather quickly - while optimizing at the same time.
Early in the morning? Create something? Impossible fox, I’m “too tired”. Why are you telling me you’re too tired? Well you aren’t.. You’re internally arguing with yourself before even trying to attempt doing it. You decided to read this and internally salesmen yourself to say this won’t work and it won’t benefit you, Sure everyone is different maybe you really CANT create in the morning, But if you have a 9-5 then you’d be trying to create after 5 O Clock and your brain is already filled with distractions, I’d be 10 fold harder in my opinion.
When we wake up, We are still tired only because we haven’t stimulated our blood flow yet, Don’t be a little girl and go take a cold shower so you can get your blood pumping, Meditate or do Wim Hof Breathing method, Go outside to take a quick walk around the block to gain some fresh air. Then go back, Open your laptop and create..
In computer science the Pareto principle can be applied to optimization efforts. For example, Microsoft noted that by fixing the top 20% of the most-reported bugs, 80% of the related errors and crashes in a given system would be eliminated. Lowell Arthur expressed that "20% of the code has 80% of the errors. Find them, fix them!" It was also discovered that in general the 80% of a certain piece of software can be written in 20% of the total allocated time. Conversely, the hardest 20% of the code takes 80% of the time. This factor is usually a part of COCOMO estimating for software coding.
80-20 Rule Background
The 80-20 rule—also known as the Pareto principle and applied in Pareto analysis—was first used in macroeconomics to describe the distribution of wealth in Italy in the early 20th century. It was introduced in 1906 by Italian economist Vilfredo Pareto, best known for the concepts of Pareto efficiency.
Pareto noticed that 20% of the pea pods in his garden were responsible for 80% of the peas. Pareto expanded this principle to macroeconomics by showing that 80% of the wealth in Italy was owned by 20% of the population.
In the 1940s, Dr. Joseph Juran, prominent in the field of operations management, applied the 80-20 rule to quality control for business production. He demonstrated that 80% of product defects were caused by 20% of the problems in production methods. By focusing on and reducing the 20% of production problems, a business could increase its overall quality. Juran coined this phenomenon "the vital few and the trivial many."
Benefits of the 80-20 Rule
Although there is little scientific analysis that either proves or disproves the 80-20 rule's validity, there is much anecdotal evidence that supports the rule as being essentially valid, if not numerically accurate.
Performance results of salespeople in a wide range of businesses have demonstrated success by incorporating the 80-20 rule. In addition, external consultants who use Six Sigma and other management strategies have incorporated the 80-20 principle in their practices with good results.
When to Apply the 80-20 Rule
BowTiedArcticFox happened to stumble upon an article about the 80-20 rule. Because it said that you can use this concept in any field, Fox began to think about how he might apply the 80-20 rule to his blog project. He thought: I spent a great deal of my time, technical ability, and writing expertise to build this blog. Yet for all of this expended energy, I am getting very little traffic to the site.
He knew that even if a piece of content is spectacular, it is worth virtually nothing if no one reads it. Fox deduced that perhaps his marketing of the blog was a greater problem than the blog itself.
To apply the 80-20 rule, Fox decided to assign his "80%" to all that went into creating the blog, including its content; and as his "20%," he designated the blog's visitors.
Using web analytics, Fox focused closely on the blog's traffic. He asked:
Which sources comprise the top 20% of traffic to my blog?
Who are the top 20% of my audience that I wish to reach?
What are the characteristics of this audience as a group?
Can I afford to invest more money and effort into satisfying my top-20% readers?
In terms of content, which blog posts constitute the top 20% of my best-performing topics?
Can I improve upon those topics, and get even more traction from my content than I'm getting now?
Fox analyzed these questions and edited his blog accordingly:
He adjusted the blog's design and persona to align with those of his top-20% target audience, a strategy common in micromarketing.
He rewrote some content to meet his target reader's needs more fully.
By the way, When I was a roblox high rank. I never sought to see the perfect plan, I was a big risk taker, I was cocky. I found a battle plan and I implemented it, 20% of my time was calculations and battle plan, would account for 80% of the results. It didn’t matter if the plan was perfect, I had built up a skill of being able to take 20% of my time to calculate a quick play in order to achieve my results, it would compound. The next play can’t take up too much of my time because if it does i’d go through the fear of failure, over emphasizing the negative aspects of my plan and under-emphasizing the positive. I was skilled at being able to quickly take action and direct my energy towards figuring out what i can do that will lead to 80% of the results.
All I have in this world is my balls and my word and I don't break 'em for no one!
My balls gave the orders, and I always stuck to my word and went through.
Who put this thing together? Me, that’s who! Who do I trust? Me!
You worry too much. You’re gonna have a heart attack.
ps. i’m just a fox, I am having fun writing this.