The Pareto Principle is extremely useful for determining which areas to focus your efforts and resources on in order to achieve maximum efficiency.
The Pareto Principle was named after esteemed economist Vilfredo Pareto.
The 80-20 rule maintains that 80% of outcomes (outputs) come from 20% of causes (inputs).
You can use this rule in order to evaluate all of your tasks and assess your goals.
You can start by rethinking your to-do lists. Make sure to eliminate the distractions that interrupt you most when working towards achieving your goals and make sure these distractions never happen when you’re most productive.
Select the best time for you to work during the day and make sure to take time off when you are feeling stuck and you want to give a refresh to your thoughts.
When talking about productivity, according to the rule, the first 20% of your time and effort brings in 80% of the results.
Track your time, delegate, outsource and automate where possible.
In business, this rule it’s essential to strategic planning!
Identify what it is that you want, make a plan to achieve it and then work on that plan every single day.
