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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CONCLUSION.<br />
<strong>THE</strong> <strong>PARETO</strong> <strong>PR<strong>IN</strong>CIPLE</strong> is a vital<br />
success principle.<br />
Success does not come from working<br />
harder.<br />
It comes from working smarter.<br />
Before you are doing anything, you need to<br />
ask yourself the question.<br />
“Is it worth doing?”<br />
“Is there another way, better way how this<br />
can be done?”<br />
“Do I need to do it at all?”<br />
“Does it fit with my goals?”<br />
“Is there a way to simplify it?”<br />
“Is there a way to automate it?”<br />
“Is there a way to delegate it?”<br />
“How can I use my time wisely?”<br />
“What is it that really gives me the results<br />
that I am looking for?”<br />
“How can I do more of what works and<br />
less of what doesn’t work?”<br />
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