Pareto Principle.
The 80/20 Rule
Roughly 80% of effects come from 20% of causes. Focus on the vital few inputs that generate the majority of your results.
Effort
Results
Understanding the Pareto Principle
Named after economist Vilfredo Pareto, this principle observes that in many situations, approximately 80% of outcomes result from 20% of inputs. This isn't an exact mathematical rule, but rather a common pattern in business, productivity, and life.
Common Applications
- Business: 80% of sales often come from 20% of customers
- Productivity: 80% of results come from 20% of your efforts
- Software: 80% of users only use 20% of features
- Time Management: 80% of your productive output happens in 20% of your time
How to Apply It
Identify the 20% of activities that produce 80% of your desired results, then ruthlessly prioritize and focus on those high-impact activities. Minimize or eliminate the 80% of activities that only contribute 20% of value.