93- Applying the 80/20 Principle

I didn’t learn about the 80/20 principle yesterday, I learned about it a long time ago. But I was recently reminded just how helpful and real this principle still is. It’s just as true now as it was when I first learned about it.

The 80/20 principle suggests that 80% of your output comes from only 20% of your effort. To put it in business terms, 80% of your profit comes from the top 20% of your customers. And to apply it to productivity, 80% of your output comes from 20% of your time or effort.

Let’s shift from productivity to real life for a moment and then we will link real life back to productivity. Here we go. Read More...

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