When I was a kid, I was fascinated by the stars, and would use my cheap telescope to try to see if they were planets or stars, why did they twinkle, why did they shine, and how come they only come out at night….
Fast forward to 2015, and the world knows far more than I could ever have imagined about the night sky and our place in the universe.
The truth turned out to be even stranger than fiction.
Now I’m a ‘river person’, and my life has indeed been a journey down my river of passions, and I find out new discoveries every day.
I’m not lazy, have a natural inquisitiveness about the world around me, and have worked hard in my life’s endeavors to either a greater or lesser amount of success. See…
…I’m always looking for a better way to get things done.
The truth turned out to be even stranger than fiction.
Yeah, that’s the phase I’m looking for.
Bet you heard of many of these too:
“Hard work never killed anybody”
“I’m a multi-tasker”
“Garbage in equals garbage out”
“You’re only as good as your data”
“Nail down what the customer wants – then deliver it”
“You reap what you sow”
“Don’t take chances – manage risks instead”
“Work hard – Play hard”
These are all phrases that get bandied about and all have the ring of truth about them, but hiding beneath them is the 80/20 Rule discovered by an Italian guy back in the 18th century – his name was Pareto.
But I have called it a Process not a Rule, and I have good reason to do so….
See, it turns out that Pareto had discovered that 80% of the wealth in Italy at the time was owned by just 20% of the population…
As more and more folks looked into it, the 80/20 rule seemed to be bloody everywhere!
Did you know that:
Even the universe is Skewed by it. 80/20 almost seems to be a natural law of nature.
But here is where it got interesting for me – and that was to happen much later in my life.
Back in the day, the 80/20 rule was taught as an almost academic topic – good for classrooms, great to quote, but heck, I gotta get on with my life – so back to work…
I can recommend the book by Greg Koch if you wanna dig further, but for now, check out my diagram:
I’ll bet that turned your head didn’t it?!
Check out the first example above, just 20% of the inputs provides 80% of the outputs. What if I called that:
20% of the Actions you take or information you act on provides 80% of the Outcomes instead – and how might that fit into your personal and business life?
That’s a biggie right there isn’t it?
So instead of thinking you just got lucky, what if you ‘Success Engineered’ your attention towards those 20% of data and steered that towards whatever outcome you were wanting to achieve?
How about the middle one? 20% of the causes brings you 80% of the consequences. What if I called that:
20% of the situations deliver 80% of the Outcomes instead – how might you ‘engineer’ yourself into those situations to get what you really want out of life.
And the last one.
20% of the effort brings 80% of the results. That’s it right there.
Sometimes we spend far too much time and effort spinning our wheels yet seem to get a small proportion of what we want out of it. What if I called it:
Focus and work on that 20% to deliver a massive 80% of the type of results that really matter to you.
Yeah, I like that.
Can you see why I call it a Process?
Yeah, that’s right,
Check out Projex Acadamy for their range of online project management training videos because just 20% of YOUR effort will bring 80% of the results – to your career!
GO HERE to find out more….
There’s that darned rule working On Your Life Right Now, because,
…only 20% of you will click that link – why? because….20% of the causes brings you 80% of your life’s outcomes,
and to quote Tom…”you can’t handle the truth”
20% of the Actions you take or information you act on provides 80% of the Outcomes
It took me many years on my ‘river life’ to hone down what that 20% meant to me, and in a positive way, it allowed me to look back at what I could and should have fixed such as
the list goes on….
It turned out that having a job (Just Over Broke) was the lead weight on my life.
I knew my bosses wanted me to work as hard as possible, as long as possible, and pay me the least they could get away with.
But I fixed it, and now use the 80/20 Process to engineer my lifestyle.
Here’s what I did – simple stuff really, I just needed to take stock of what I was good at and what I disliked….including some uncomfortable stuff….
Okay, Okay, that’s enough from me….
It worked – took me two years though….
I have true financial independence thanks to using the same Project Management skills that I teach YOU, I have more regular income than I need and several healthy bank accounts.
I live in a warm sunny climate, and only work a handful of hours a week except when I’m developing new products to sell.
I wake up each day and decide what I want to do…mostly relaxing in my pool, playing with my dog and on my collection of guitars, best of all, taking Jude for a quiet meal in Denia or on the beach.
I live in woodland on an old 1930 farmhouse just 700 yards from the beach and I own a bungalow in Laguna, Philippines.
I say this, not to brag, but to illustrate how the 80/20 PROCESS has worked for me.
The truth could turn out to be even stranger than fiction for YOU too.
But seriously though, could it work for you?
Only 20% of those who read this will go on to take action.
Sad But True.
Whatever your chosen approach to setting and meeting your goals, one of the best ways to meet them is using the knowledge, skills and experience of project management, so hop on over HERE and find out more!
David spent 25 years as a senior project manager for USA multinationals, and has deep experience in project management. He now develops a wide range of project-related streaming video training products under the Masterclass brand name. In addition, David runs project management training seminars across the world, and is a prolific writer on the many topics of project management.
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