80/20 Rule Explained | How To Apply The 80/20 Principle In Life | Work Less Achieve More

Is there a key to productivity and overall success in life?
Understanding the 80/20 Pareto distribution might just be the game changer you need. In this video, I will explain 80/20 and how to leverage it in all areas of your life.

What is the 80/20 rule

The 80/20 rule also known as the Pareto principle or the law of the vital few, is a principle that states that roughly 80% of results are generated from 20% of efforts.
It’s a distribution that was uncovered by an Italian economist named Vilfredo Pareto. Pareto noticed that 80% of the land in Italy at the time was owned by 20% of the population. He also noticed the principle at work in his own garden! 20% of the pea pods contained 80% of the peas. This distribution has been proven multiple times in different sectors since its discovery.

For Example:

– around 20% of criminals commit 80% of crimes
– 20% of drivers cause 80% of accidents
– You likely use 20% of your wardrobe 80% of the time

Look on the internet and you will see plenty of interesting examples.

The 80/20 principles strength comes in that it can be used to enhance our personal productivity in many facets of life. If you want to be successful, always be on the look out for areas in which to apply 80/20.

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