A Guide to the 80/20 Principle.

A Guide to the 80/20 Principle.

80/20 Principle is the principle of freedom because it helps you to become free and invest your time in others’ work. Pareto principle is the nickname of the 80/20 principle and principle of factor sparsity called the 80/20 principle. 80/20 Principle is the all-time best principle that people ever needed in their workplace no matter who they are. 

We already know this and also used it in our life. Do you know where ??

In our exam time when our minds fired and we just write high qualities questions first. 

Do you know why we write this type of question first??

Because We know that high questions give us high marks and also the quantity of high-quality questions is very low. 

In our exam we focused on high-grade questions first; it means we focus on only 20% of the exam paper and get high marks means we achieve 80% result.

In short, we can use the 80/20 principle where we want for achieving better results.

 

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Let’s start with the first question.

 

Who Invented the 80/20 Principle ??

The 80/20 principle is invented by the Vilfredo Pareto and by their name the 80/20 principle also called the Pareto principle.  Vilfredo Pareto was an Italian engineer, sociologist, economist, political scientist, and philosopher.  

He was the first who noticed that income flows and other social things followed the Pareto principle distribution. He stated that 80% of the wealth in Italy comes from 20% of people.  

After noticing every small thing that followed the 80/20 principle his name was linked with the 80/20 principle called the Pareto principle. 

 

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Why the 80/20 principle is most important in our life ??

The most common and most profitable importance of the 80/20 principle is it saves your precious time and helps you to achieve success with less effort. 80/20 Principle applied in every field in every place at every time. It easy to use. You just need to create a list of tasks and ask yourself some questions that are related to your task and filtering out the most important task. We will learn how to pick the right and most important tasks from the to-do list in just a while. 

The basic of the 80/20 principle is 20% of your activities helps you to produce 80% of results for your success.  Because of it saving your lot of time it is worthwhile to use it. 

Here is a list of reasons that tells and assure you why the 80/20 principle is so important. 

  1. It allows you to save your precious time and help you to achieve your goals in a short time of period. 
  2. It tells you what you should do.
  3. It helps you to find out your core of business success. 

By doing and applying the Pareto principle in your life, you will find voracious changes in your life. 

 

How to apply Pareto or the 80/20 principle in our life ??

So we are here where we need to perform our literal knowledge. How do you find out your most important task ??  Here is the simple method that allows you to find your most important and most profitable task or tasks. 

Here is a step by step process that helps you a lot. 

  1. First, write down all the task that you think you need to do it. 
  2. Take a deep breath and ask your self “is it all are important to do ?? “
  3. Find out the most important that you should do by asking one simple question “What is the most important task that replaces all others ??”
  4. You will find just one or two that allow you to achieve 80% results. take and write them in the blank paper.
  5. That your 20% task that helps you to achieve 80% results. 

By doing these simple questionnaires, you will find the most important task that you should need to do.

 

Can we achieve success with the 80/20 principle ??

Do you think you can’t ?? If yes then you need to apply this principle right now. Pick up a big task that allows you to create more than 5 tasks that you need to do in order to accomplish it.  Then ask the simple questions that we stated above and I bet you, you will find the most important task that you should need to do.

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80/20 Principle is the most useful principle in time management. It allows you to do what you are willing to do in your free time, in short, it allows you to create your own free time by doing the most important task. In our youtube video tutorial, you will find out the proper example that helps you to understand this concept more briefly. 

Tell me in the comment section, do you think you can achieve your goals with the 80/20 principle ?? My answer is of course yes. Just try it. 😎😎

Happy Reading !!

 

Rakshit Makvana

A man who loves his pen more than his tooth-brush.

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