The 80/20 Rule (Aka Pareto Principle)

33 views Sep 17, 2024

What if you could achieve 80% of your desired results with just 20% of your effort? It's not magic, it's the 80/20 Rule! In this video, we take a deep dive into how this principle can be applied to every aspect of your life: Relationships Health & fitness Personal finances Happiness & fulfillment Learn to identify the key actions that will have the biggest impact on your goals and create a life that truly reflects your priorities. It's time to make the most of every moment! The Pareto principle states that for many outcomes, roughly 80% of consequences come from 20% of causes (the "vital few"). Other names for this principle are the 80/20 rule, the law of the vital few, or the principle of factor sparsity. The 80/20 Principle shows how we can achieve much more with much less effort, time, and resources, simply by identifying and focusing our efforts on the 20 percent that really counts. Vilfredo Pareto discovered a principle known as Pareto principle or 80-20 principle, which says that 80 percent of results you get comes from 20 percent of your work. Focus on the 20 percent to get double results in half the time. And spend the rest of your time in doing other important things. ************************************** This Cover The following Topic — what is 80/20 rule