How To Use The 80/20 Rule For Goal Setting

The 80/20 rule is also called the “Pareto Principle” named after it’s founder, the Italian economist Vilfredo Pareto from 1895. He noticed that people in society seemed to divide naturally into what he called the “vital few,” or the top 20 percent in terms of money and influence, and the “trivial many,” or the bottom 80 percent. Later, he discovered that virtually all economic activity was subject to this principle, in that 80 percent of the wealth of Italy during that time was controlled by 20 percent of the population. We can take Pareto’s 80/20 rule and apply it to almost any situation.

Twenty Ways to Use the 80/20 Rule Today

I’m sure most people are familiar with Pareto’s principle, developed by an Italian economist and most commonly known as the 80/20 Rule. While Pareto originally used the rule noticing that 80% of the wealth was owned by 20% of the population, the rule has applications in almost every area of life. There are many ways you can use this rule. Here’s twenty:

6 Rules to Work Less and Get More Accomplished

More work = more results. I disagree. Working smart beats working hard. In some cases working more can actually damage the amount you get accomplished. In both cases, the degree effort matches outcomes has been overstated. Working less and accomplishing more isn’t easy. It requires thinking creatively to find more effective ways of doing things. But first you have to be open to the possibility that your methods aren’t as efficient as they could be. Once you do that you can look for ways to get more accomplished without just increasing your to-do list.

Relax Your Mind in 40 Seconds At Your Desk

In a new study published in the journal Environmental Psychology, researchers found that people who simply looked at a photo of nature for only 40 seconds had improved focus and relieve stress. That’s right, they didn’t even need to go outside! (Though clearly, the effect still applies if you do.) A micro-break viewing a green, but not concrete roof city scene, can sustain attention and restore the good mental condition. Set a timer of 40s to take a break. Finish all the green nature pictures below, or even pick the one you like to set as the desktop wallpaper. P.S.

If You Are Highly Intelligent, You May Have These Six Struggles

Most people regard highly intelligent people as super humans who have it all figured out simply because their brains can help them in any life situation and they don’t have to struggle with the problems of the ordinary people. Yet, the reality is quite different, as no matter how intelligent someone may be, they are, at the end of the day, just human. They struggle with issues somewhat different than those of the rest of the world, but still challenging and difficult.

Will Power is Finite But Can Be Increased With Practice

It was learnt that: “self-control is a general strength that’s used across different sorts of tasks — and it could be depleted. This proved that self-regulation is not a skill to be mastered or a rote function that can be performed with little consequence. It’s like using a muscle: After exercising it, it loses its strength, gets fatigued, and becomes ineffectual, at least in the short-term.” In other words, willpower isn’t a skill at all. It is actually more like a muscle. And like other muscles in the body, willpower gets exhausted from overuse.

The 80/20 Rule in Business

But all customers are not equal. Far from it. Some earn you an amazingly disproportionate amount of money, many make you a little bit of money, and some even waste your time. With the last group, you lose money selling anything to them at all. Your goal should be to zero in on those 20 percent of customers who are essential for your business' prosperity. Here are some tips on how to do just that:

How to Find Your Best Customers Using the 80/20 Rule

But all customers are not equal. Far from it. Some earn you an amazingly disproportionate amount of money, many make you a little bit of money, and some even waste your time. With the last group, you lose money selling anything to them at all. Your goal should be to zero in on those 20 percent of customers who are essential for your business' prosperity. Here are some tips on how to do just that:

Dealing with the Voice in your Head

The Voice of Knowledge in my Head has a Life of its Own. Where did the voice come from and why is it so hard to make it be quiet? Do you ever notice the voice in your head has a lot of self-judgments? How come when I try to turn off the voice in my head it doesn’t seem to work? One of the most helpful things in this process of quieting the voice in your head (the Voice) is to realize where it came from and what it is doing there. Understanding the origin of the Voice will help you let go of judgmental reactions during this process.

Why Confidence Is So Important (and How to Improve Yours)

You know what confident people look like, the advantages they get, and that it's something worth emulating. How do you get there, though?