![]() ![]() Once you know what you want to get out of a set of choices, you can use the 80/20 rule to help you focus on the things that will give you the most bang for your buck. But the same goes for any other activity you want to do more of-working out, cooking, meeting work deadlines, spending time with family, and the likes. In other words, rather than trying to do them all, single out a very small handful, and focus your time on those. How do you decide which hobbies to prioritize? If you want to get the most out of your list of hobbies, the 80/20 rule says you should focus on the 20% of hobbies that will give you 80% of your feelings of relaxation. But you only have so many hours in the day. Think of the Pareto Principle like a filter that helps you decide what’s worth your time and what isn’t.įor example, you might decide that you want to do more of your hobbies because they relax you. It forces you to take a good hard look at how you’re spending your time and what you’re getting out of it. You start focusing on the wrong things and completely miss the pointĮven knowing the cons, in your personal life, the 80/20 rule can be a godsend.It’s easy to start seeing everything as a competition toward optimization.There are a few potential downsides to using it: Plus, you can’t talk about the good without talking through some of the not-so-good. While the 80/20 rule is a great tool, it isn’t perfect. Uncovers new opportunities that weren’t so obvious before when prioritizing tasks.It can help you identify areas where you need to make changes.It can help you focus on the things that are most important to you.There’s plenty of upside to planning your personal and work life with the Pareto Principle in mind: "Of the things we have to do, we should do 80 percent as quickly as possible, and reserve the other 20 percent for our very best." About 80% of feelings of fulfillment come from 20% of the things you do. And 80% of a company’s profits come from 20% of its products. For example, 80% of a company’s sales come from 20% of its customers. In business, the 80/20 rule has been found to be true again and again. By understanding where it comes from and how it works, you can start using it to your advantage in many areas of your life - not just work. Needless to say, the 80/20 rule can be a useful tool for both your personal and professional life. The idea is thought-provoking, especially within the context of how you manage your everyday life. Only about 20% of the work you do is responsible for 80% of your outcomes. Often referred to as the 80/20 rule, it states that:Ĩ0% of consequences stem from about 20% of causes. "In many cases, 80% of the effects come from 20% of the causes."
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