![]() ![]() There’s not much yet but if I didn’t want to start a conversation I could be writing this in a paperback journal. Please, even if you’re a complete stranger, comment with anything you may find helpful. Learning to play the Guitar with the 80/20 Principle: Here are some resources for you to learn more about the 80/20 Principle and start being more productive. In this new edition Richard Koch outlines a fresh understanding of the true power of the principle. The 80-20 rule is more of an observable phenomenon than a rule. In the 20 years since its first publication, THE 80/20 PRINCIPLE has become a business classic and a global bestseller. To achieve the remaining 20 though takes a further 80 effort. Often you can achieve an 80 outcome in some field with 20 effort. I’ll get my system down one day, but it sure is frustrating trying to figure it out now. T his, in a nutshell, is the ’80-20 rule’. Often I end up spending so much time trying to identify the 20% that I get frustrated and quit without learning anything.īut that’s no way to go about things, so I’ll keep pushing on and trying to work as smart as I can. My problem often comes in the early stages of putting this principle in action: I can’t figure out what the 20% is. In the early 1900s, Vilfredo Pareto recognized this occurrence when studying Italys wealth distribution. I’ve tried to use this idea of the 80/20 rule to help me in my design work and with learning new skills. The Pareto Principle means this: 80 of your results come from 20 of your profits. Once you figure out the 20%, it should make you even more productive by working smarter, not harder. This ratio isn’t always going to be a clean 80/20, but the general idea does apply to most things. Ferriss uses this to learn new skills by breaking whatever it is he wants to learn down into its simplest parts and identifying which parts are most important (the 20%) to producing a majority of the outcome (the 80%). The Pareto Principle states that 20% of the work you put in to something should produce 80% of the results. The Pareto Principle, also known as the 80/20 rule, states that for many events, roughly 80 of effects come from 20 of the causes. He’s also an expert in learning and frequently refers to what he calls the 80/20 Principle, otherwise known as the Pareto Principle. He’s an entrepreneur and author behind some of my favorite reads, The Four Hour Work Week, The Four Hour Body and The Four Hour Chef. I’ve been fascinated with a guy named Tim Ferriss for a few years. Before getting too far into the appli- cation of the rule, here is how Wikipedia explains the principle.
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