Knowing this empirical law of the universe, can help you succeed! Pareto Principle or the 80/20 Rule

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Knowing this empirical law of the universe, can help you succeed! Pareto Principle or the 80/20 Rule

Now I don’t personally know you but there are a lot of things I can guess about you with a good degree of certainty. You see there are these unwritten rules in the universe without any proper explanations. For example I know that you wear a few of your shirts most of the time, I know there are a lot of people from the gender your are interested in ,in your life, but you only like a few of them. I know you only actually work 20% of the time, and you get 80% of your job done in that timeframe. This isn’t just about you, this applies to a lot of things. It’s called the 80/20 rule or the Pareto Principle. Around 80% of land in the world is owned by 20% of people, 80% of sales for a company comes from 20% of their customers. 80% of taxes in the US are paid by the 20% top earners, 80% of accidents are caused by 20% of drivers. 80% of pollution is caused by 20% of factories. 80% of my video views come from 20% of my videos. Hopefully this will be one of them. Villfredo Pareto was an Italian engineer and economist, and one day he noticed that 20% of the pea-pods in his garden contain 80% of the total peas. He then investigated and found out that in Italy 20% of the population owns 80% of the land. And that’s why it’s called the Pareto Principle, it’s not exact but about 80% of outputs or results depend on 20% of the inputs or causes. And this is very important for you to understand to succeed, only 20% of what you do matters for your success. You need to Prioritize. You need to find the vital few sources of success in your life and focus on them, same goes for any problems or sources of risk that you might have. And listen this isn’t an exact science, this is something that was observed in the universe, it doesn’t always hold true, it can also be 90/10 or 70/30, but the concept stands, a lot of times, majority of outcomes can be explained by a minority of causes. Please like/share/follow and comment with any questions you might have, because that’s the only thing that motivates me to make more content.
24   |   2 год. назад  |   1 - 0
 

Knowing this empirical law of the universe, can help you succeed! Pareto Principle or the 80/20 Rule

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Now I don’t personally know you but there are a lot of things I can guess about you with a good degree of certainty.
You see there are these unwritten rules in the universe without any proper explanations.

For example I know that you wear a few of your shirts most of the time,
I know there are a lot of people from the gender your are interested in ,in your life, but you only like a few of them.
I know you only actually work 20% of the time, and you get 80% of your job done in that timeframe.

This isn’t just about you, this applies to a lot of things. It’s called the 80/20 rule or the Pareto Principle.

Around 80% of land in the world is owned by 20% of people,
80% of sales for a company comes from 20% of their customers.
80% of taxes in the US are paid by the 20% top earners,
80% of accidents are caused by 20% of drivers.
80% of pollution is caused by 20% of factories.
80% of my video views come from 20% of my videos. Hopefully this will be one of them.

Villfredo Pareto was an Italian engineer and economist, and one day he noticed that 20% of the pea-pods in his garden contain 80% of the total peas. He then investigated and found out that in Italy 20% of the population owns 80% of the land.
And that’s why it’s called the Pareto Principle, it’s not exact but about 80% of outputs or results depend on 20% of the inputs or causes.

And this is very important for you to understand to succeed, only 20% of what you do matters for your success. You need to Prioritize.
You need to find the vital few sources of success in your life and focus on them, same goes for any problems or sources of risk that you might have.

And listen this isn’t an exact science, this is something that was observed in the universe, it doesn’t always hold true, it can also be 90/10 or 70/30, but the concept stands, a lot of times, majority of outcomes can be explained by a minority of causes.

Please like/share/follow and comment with any questions you might have, because that’s the only thing that motivates me to make more content.


Knowing this empirical law of the universe, can help you succeed! Pareto Principle or the 80/20 Rule

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