Monday, July 7, 2008

How do you apply the 80/20 rule in life?


Leadership requires the ability to prioritize. One way to prioritize is to use the 80/20 rule. The 80/20 rule basically says, that 20 percent of what you do produces 80 percent of the results of what you do. So if you can figure out what that special 20 percent is, then you can prioritize your life a little better to achieve success.


I brought this question up on my favorite discussion forum and there were many insights presented. The best insight of all was Gerard Byrne, a business analyst at Meteor Mobile, who said that if you can find out the top of the top 20 percent or 20% squared, then you can get 64% of your current results from only 4% of your efforts. Of course this is a bit of a generalization but it's a fun way to think about prioritizing your time. Especially for a math geek like me. Please read further...

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