The 80/20 principle states that 80 percent of the outcomes come from 20 percent of the causes1.
Traditionally, it’s been the most popular in business settings.
Many companies have found, for instance, that 20 percent of their customers brought in 80 percent of their revenue.
And that kind of information is beneficial if you want to increase your company’s profits.
But the 80/20 principle is just as helpful outside of business.
Imagine if you routinely asked yourself questions like, “Which 20 percent of my regular activities provide 80 percent of my happiness?”
By regularly answering questions like that, you’ll get a better idea of where to spend your limited time, energy, and focus.
So, get into the habit of thinking 80/20.
It will make you more efficient and less overwhelmed.
Footnote
- The 80/20 Principle by Richard Koch