Have you ever been interested in becoming more productive or managing your time better? Then you've most likely come across the Pareto Principle before, also known as the 80/20 rule. If you've never heard of it, then you'll learn more about it in this video.
The Pareto principle states that in any situation, 20 percent of the inputs or activities, are responsible for 80 percent of the outputs or results.
For example:
You wear 20% of your clothes 80% of the time.
In a book, 20% of its pages contain 80% of the most important information.
20% of the company's customers, produce 80% of company's revenue
When it comes to KZfaq, 20% percent of my videos generate 80% of my views and subscribers.
The Pareto principle shows up over and over again, in almost every field. But the inverse is also true. That means that the other 80% is only generating 20% of the results.
So think about what are some of the things that you could double down on, and which ones you should eliminate. Let me know how are you going to use the 80/20 rule in the comments below.
#ParetoPrinciple #80/20