Uncommon Leverage
Believe it or not, you can get much more of what you want with much less effort.
The key is learning to leverage something called the 80/20 principle.
The 80/20 Principle has been around since the late 19th century, but has become increasingly popular in recent years.
It reveals insights such as these.
80% of sales tend to come from 20% of one’s customers
20% of the global population generates 80% of global income
20% of bugs in software cause 80% of all errors
20% of safety hazards cause 80% of all injuries
20% of efforts to improve a system lead to 80% of all improvements
80% of the results are produced by 20% of the effort
The principle can be applied in business, economics and personal development.
In your business, it can identify areas that are most profitable and ones that should be discontinued.
In your personal life, it can be used to prioritize many powerful but overlooked opportunities.
The key insight to remember is this: you can get powerful results with fairly modest effort.
So if you feel like you’re working too hard for too little in return, then learning to use the 80/20 principle is a worthwhile investment.
If you want to adopt 80/20 thinking, subscribe below and get insights that can lead to some powerful results.