80-20 Principle by Steven Koch

The 80:20 Principle

The 80-20 Principle, also known as the Pareto Principle, asserts that a minority of causes, inputs, or effort usually lead to a majority of the results, outputs, or rewards.

This principle has huge implications for every area of life, as it helps single out the most important factors in any situation. The book explains how small actions, a small group of people, events or elements are responsible for a disproportionately large percentage of a result.

Useful takeaways from the book include:

  • Identify the vital 20% that produces 80% of your happiness and success.
  • Double your time on the top 20% of activities to achieve 60% more than now.
  • Make good use of only 20% of your time to eliminate any shortage of it.
  • Concentrate on the things that count to unlock the enormous potential of the magic 20 percent and transform your effectiveness in your jobs, careers, businesses, and lives.

Overall, The 80-20 Principle is a must-read for anyone looking to achieve more with less effort, time, and resources by identifying and focusing on the 20 percent that really counts.

What I Liked

The Pareto Principle is incredible and so, so useful. I like how this book really gets into how to apply it to business and everyday life.

What I Did Not Like

Nothing – great book.

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