Have you ever noticed how you only wear about 20% of your clothes 80% most of the time or how 80% of your fun comes from 20% of your friend or how any time you go to a party 20% of the people drink 80% of the beer or even how 80% of the money in the world is owned by 20% of the people.
Okay, I’m sure you’re noticing a pattern here. This is called the 80/20 or Pareto Principle and the principal says that about 80% of your results will come from 20% of your effort.
If you look around pretty much, everything follows this principle, of course, the numbers can and will vary but the principal will be the same.
So let’s take a look at how this works in business, social interactions, and relationships.
1. In Business
Let’s say do you have a business that you want to grow and you spend about 80% of your time designing the perfect business card and the perfect website and decorating your office so it can look really freaking cool and only 20% of your time you spend actually creating and selling your products.
So you spend 80% of your time on things that don’t bring any results like spending five hours decorating your office only 20% of your time is what is bringing 80% or more of your business income and trust me I see this everywhere, especially with new businesses they spend most of their time on tasks that have no real productivity. They just make themselves look busy Without Really accomplishing anything.
So if you have a business try to find those little tasks that bring most of your results and focus your time on those. A few months ago, I had built my website and I was getting visitors from social media like Reddit, Pinterest, Instagram, Facebook, Quora and more. In fact, this took me so much time that I was unable to write as many articles as I wanted to.
So I decided I was going to make the process more efficient. I looked at my date and guess what I found. For every 1,000 visitors I got from Pinterest, I got only 500 from Instagram, 100 from Facebook, 20 from Twitter, and a few more for other forums and social media. I thought I am an idiot.
I’m spending the same amount of time on all these platforms yet, no results from them. So I basically completely cut out the ones with the least effect, and it gave me more time to write more articles, and it makes a huge impact on how my website performed.
Related article: Essentialism
2. Social Interactions
I’ve even used this principle in my social life. About a year ago in my second year of college.
I had tons of friends and I tried to dedicate the same amount of time to all of them and it kept me really busy until I realized I was kind of an idiot because only three or four of those people actually brought me value and joy and great experiences into my life.
So I decided to dedicate my time to those people instead of just everybody and that free up so much time for me.
I was able to use that time to work on my business, read, develop myself, go to the gym, meditate, and my days were much more productive.
Our Lives follow the same principle too. We spend about 80% of our time doing things that aren’t really productive like hanging out with people that we don’t even like, and that brings no value to us or like binge-watching a whole season on Netflix in a day or I don’t know to spend too much time on Facebook and there’s nothing wrong with it.
We just spend a little more time there that we like to admit, but only 20% or even less of the time is actually spent on things that bring results like learning new ideas and becoming better, reading or taking action on some of the things that we like to achieve.
For example, a boyfriend or a husband comes home from work after 5 hours of spending time with her girlfriend or wife. She complains.
You don’t spend any time with me. The guy has no idea what is going on. He just spent 5 hours with this woman. But, did he really in those five hours?
Even though he talked to her and physically was with her. His Focus was also on watching TV half of the time and the rest checking his Facebook and his phone.
Another guy could have work longer hours, come home and only spent an hour literally a single hour with her and she would never complain because he would make that one hour all about her.
But of course now we know the 80/20 principle, so we’re going to go out there and we’re going to be productive. These are just three examples of the 80/20 or Pareto Principle.
Ironically I apply that principle with you. I just explained 80% or more of the book in 20% or less of the time.
I hope it was interesting and if you consider buying the book The 80/20 Principle you can use my affiliate link I will appreciate that,