80/20 Principle

 

This book tells you how the 20% of actions can lead to 80% of outcomes.

4 steps how to apply 80/20 principle in your life:

  1. Come up with the thinking model/strategy that yield in explosive result
  2. Observe the environment and adapt to them
  3. Prioritize your time with things that make you feel happy and accomplished
  4. Automate your activities by asking help, delegating it, or using tech if applicable

Some other insights

  • Sometimes actions do not directly translate into results by nature and the ratio is not necessarily 80/20.
  • What can be apply to your organization is asking the top performing talent to coach others or possibly replace the underperforming one.
  • Time is all you have and the currency you use to get what you want out of life. So, decide what's important to you and spend most of your time there.

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