Effort And Rewards
"The 80/20 Principle asserts that a minority of causes, inputs, or effort usually lead to a majority of the results, outputs, or rewards."
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Use the 80/20 Rule
... to constantly question yourself if your focus, time or money is on the things that generate the majority of the results.
The 80/20 rule, also known as the Pareto Principle states: 80% of the output or results will come from 20% of the input or action. The little things ...
Living the 80/20 Life
The 80/20 rule, also known as the Pareto principle, states that we need to focus on the few things that get us the most benefit.
For a lot of events, approximately 80% of the effects come from 20% of the causes. So pick the 20% of your tasks that yield 80% of the results and outsource...
The Pareto Principle Misapplications
- Putting inputs and outputs on the same level: Inputs and outputs aren’t the same thing and, therefore, can’t be put into the same pie chart.
- Using a literal, mathematical interpretation of the rule: The numbers here aren’t that important.
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