#3- BOOK- 80/20 Principle - Little Secrets

# What do you think is more precious than gold, can not be bought, can not be created by ourselves, can never be kept and you will never find it enough?

The only and only answer is time!

Time is hard to grasp, only fleeting and valuable assets. Everyone is only 24 hours a day so it's important to be able to manage your time efficiently and that's the best way to maximize time. One of the ways to maximize time is to use the 80/20 principle.
Rule 80/20: Minority laws are important

Rule 80/20 or Pareto Principle (named after Italian economist Vilfredo Pareto) operates on the premise that 80% of the result is due to 20% of the cause. This is also a common law in business for example:

80% of problems are caused by 20%

80% of the profit of a company comes from 20% of customers

80% of claims against a company also come from 20% of customers.

The fact is that we are wasting so much energy and time on low-productivity jobs. Do you want to accomplish more work with less effort or destroy wasteful activities, and live a better life?

# Maximize time by using Rule 80/20

When we understand the 80/20 rule, surely one of us will also admit that we have wasted too much time on gold and silver. In a world full of boring, difficult and tedious work, how do we apply this principle in our daily lives?

A very interesting question! Here are a few simple tips to help you maximize your time and make sure your efforts are more effective and meaningful:

### 1. Define the priority object

This is the most important factor in managing and optimizing time based on the 80/20 principle. In order to do this, one must focus both mind and heart. Instead of unconsciously doing routine tasks as a habit, learn how to shorten or cut back on low-performing jobs.

We all know that the things that need to be reworked take a lot of time but the value is not high. Things like going out, cooking, cleaning up, ironing clothes, shopping for goods must be done and eventually we have less time to pursue our goals and become passionate. So set your priorities to avoid wasting unnecessary time.

**2. Learn to schedule more effectively and scientifically

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Learning how to schedule effectively and shorten time spent on unimportant jobs is key to establishing the 80/20 rule in life. We can hire lawn mowers, use public transport or Uber to be able to both move and work and spend time answering emails or your plan.

**### 3. Establish and modify regular goals
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Clearly identify the goals that you focus on helping you focus and manage the best order of priority. Make plans to achieve goals and make adjustments as often as possible. Life often happens unexpectedly and the plan you set off is very easy to deflect. When you see your plan slipping away from the original goal, gather them and recalculate as soon as possible. Do not spend too much time on things that are not part of your goal or plan.

Set a balance between effort and reward

First, evaluating compensation depends on the task, and then determine the effort required to complete the task. Some people are perfect and like to do the best in their own way, which is admirable, but it is neither practical nor effective. Carefully consider the effort, time and energy we will focus on really important things.

Rule 80/20 in life

Applying this principle in life is quite easy. Let's start by asking ourselves the following questions:

Which 20% of assets do you own have the highest value?

What do you spend 20% of your time on what can bring you 80% happiness?

20% of people make you feel 80% happy to be with them, so who are they?

20% of the costumes you wear to 80% of the time?

20% of food that 80% of the time spent eating, you eat them?

Surprisingly, these questions are easy to answer and you do not have to think too long to find the answer.

Once identified, you can easily focus on these things to increase productivity in your life. For example, 80% of the people you spend time with them make you feel 20% happy, it's best not to be with them too much. Or 80% of the clothes you only wear about 20% of your life time is best to sell or donate to others.

We do not necessarily apply rigid 80/20 principles to life. However, think of it as a tool and a poet

# ## Thank you for reading this article, hope it brings you something useful.