WHY LESS IS MORE: THE PARETO PRINCIPLE IN A NUTSHELL - ALBERT ELISHA OBERDORFER
The idea of working less to achieve more sounds counter-intuitive, right? Yet, an Italian economist by the name of Wilfredo Pareto discovered a powerful principle that says that the majority of results is the result of a minority of causes. Pareto noted an 80/20 ratio. 20 % of something causes 80% of the results. And vice versa: 20% of input causes only 20% of the results. If this is true—and countless studies have shown this is to be the case in all areas of life—then we should do less of what doesn’t work, and focus more on what does. So we can achieve more by working less. Find out how you can apply the Pareto principles in all areas of your life by doing less, not more. You will be amazed.
The idea of working less to achieve more sounds counter-intuitive, right?
Yet, an Italian economist by the name of Wilfredo Pareto discovered a powerful principle that says that the majority of results is the result of a minority of causes.
Pareto noted an 80/20 ratio.
20 % of something causes 80% of the results.
And vice versa: 20% of input causes only 20% of the results.
If this is true—and countless studies have shown this is to be the case in all areas of life—then we should do less of what doesn’t work, and focus more on what does.
So we can achieve more by working less.
Find out how you can apply the Pareto principles in all areas of your life by doing less, not more.
You will be amazed.
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WORK<strong>IN</strong>G HARD <strong>IS</strong><br />
NOT ALWAYS <strong>THE</strong> BEST<br />
TH<strong>IN</strong>G TO DO.<br />
This sounds counter-intuitive.<br />
Because we have been told that it is hard<br />
work that makes the day.<br />
But is that so?<br />
The answer is, “yes, and no.”<br />
It depends.<br />
What is, if you are busy cutting down a<br />
tree, but after a while, you find out that it’s<br />
the wrong tree.<br />
In other words, working hard is a good<br />
thing.<br />
But, you need to make sure that you are<br />
doing the right thing.<br />
Because if what you are doing yields<br />
minimal results, then it is time to re-think.<br />
And perhaps find something that yields<br />
better results.<br />
Instead of plowing on.<br />
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