The 80/20 Principle turns conventional wisdom upside down
Application of the 80/20 Principle implies that we should do the following:
1-celebrate exceptional productivity, rather than raise average efforts
2- look for the short cut, rather than run the full course
3- exercise control over our lives with the least possible effort.
4- be selective, not exhaustive
5- strive for excellence in few things, rather than good performance in many
6- delegate or outsource as much as possible in our daily lives and be encouraged rather than penalized by tax systems to do this (use gardeners,car mechanics, decorators and other specialists to the maximum,
instead of doing the work ourselves)
7- choose our careers and employers with extraordinary care, and if possible employ others rather than being employed ourselves
8- only do the thing we are best at doing and enjoy most
9- look beneath the normal texture of life to uncover ironies and oddities
10- in every important sphere, work out where 20 per cent of effort can lead to 80 per cent of returns
11- calm down, work less and target a limited number of very valuable goals where the 80/20 Principle will work for us, rather than pursuing every available opportunity
12- make the most of those few ‘lucky streaks’ in our life where we are at our creative peak and the stars line up to guarantee success.
