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The
80/20 Principle
teaches you:
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Focus on what's important – you can have anything you want but you
cannot have everything you want.
-
Take averages apart and concentrate on the small parts of the system
that have extraordinary power to generate wealth.
-
Be selective, not exhaustive. In every important sphere, work out
where 20% of effort can lead to 80% of returns. Strive for
excellence in the few key areas, rather than for good performance in
many.
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Target a limited number of very valuable
goals, rather than pursue
every available opportunity.
-
Focus on exceptional productivity, rather that raise average efforts.
Make the most of your
creativity peaks.
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Only do things you are best at doing.
Delegate or
outsource the rest. Exercise control with the least
possible effort.
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