THE 80/20 PRINCIPLE by Richard Koch | Core Message
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- เผยแพร่เมื่อ 26 พ.ย. 2022
- 1-Page PDF Summary: lozeron-academy-llc.ck.page/9...
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Animated core message from Richard Koch's book 'The 80/20 Principle.'
Video mentioned in the summary - The Art of Saying No: • THE ART OF SAYING NO b...
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For optimum results, I watched 20% of the video!
Excellent book, read during middle stages of Uni, it really elevated my perspective on "time" and activities with respect to goals. Applied it and it worked excellently for some semesters. Simply outstanding!!!!
Well done. Just ! will do not !! or !!!!!!!! etc. Trying to help, ex agency writer. Best wishes from NZ , near Australia.
@@nicholaskearney678 I think I can see why you're not a writer anymore... 🙄
Y it helped only in some semesters and not in all?
Thank you for taking the time to explain these great concepts concisely!
Your videos keep getting better and I noticed that you are including a lot more personal examples which are super useful! Thanks for sharing and making great videos!
I just want to second that comment and thank You and to the whole Productivity Tribe here :)
Been waiting for this one, thank you!
I think it applies best to concepts that aren't abstract ideas, but can be measured with solid data. Business is an excellent field to apply this principle to, but the Pareto principle is huge in nature.
For instance:
80% of the traffic is on 20% of the roads.
80% of the wealth is owned by 20% of the population.
20% of criminals commit 80% of the crimes.
20% of your clothes are worn 80% of the time.
There are countless when it comes to business, one of the more important ones lending to customer service is that 80% of income is created by 20% of the client base.
This pattern is linked with fractals, the fibbonacci sequence, and a number of others. It's a universal one that governs many many things
Perry Marshal's 80/20 Sales and Marketing is super good if you want concrete ideas to apply to a biz... he even explains how the original 80/20 segment has an 80/20 within it when it comes to data eg. super high value clients - it's crazy stuff!
Very informative. Thank you
Thank you. Wonderful as always.
I've done this as an exercise and discovered of the 80% activities that yield only 20% of the results, not all of those activities were weighted equally. It's not unreasonable to identify the top 20% of the remaining 80%. Now you'll have 36% of your activities yielding 96% of your best results. (80% of 20% is 16%).
Outstanding video!
Great job
I just finished it now 😃 as I log into TH-cam and here you are explaining it. 🇿🇦 The coincidence 🌍🧠🎉👣
Thank you very much for this video! Very motivating like always. It is important to invest in the right things to live a happy life. Greatings from Germany! Ana
Thank you, this is so good!
Thanks a lot for such informative video.
There's a problem with this method. Life is always a trial and error. You need that four failures(80%) to find out successful fifth one(20%).
Yeah, right.
But not only that, many times you gotta do what you're supposed to do.
You may like doing it or not, but you don't want your feelings to come in between and get the job done.
That has its own benefit, we can't simply ignore activities which we don't like and do only things that yield us happiness
yeah also just because that remaining 80% (not- so impacting activities) only contributes more or less 20%, doesn't mean that we just have to abandon /discard those activities altogether, especially that those 80% are activities that are essential or directly dependent on that 20%. I think what we can get out of these is that we'll be aware of the disproportionate balance of the 20/80 while still going through that burdensome 80% activities - until we find a way not to be needing those things anymore, then we get more efficient eventually. just like success- it's not an overnight work.
Okay. Nothing is easy
Read the book to fully understand the lesson. It doesn't say everything is 80/20.
@@CarelessAakashYeah, wouldn't it be nice to stop doing all paperwork.
Your channel is a perfect example of getting more out of less. Thanks!
Feels like this rule is true in almost ALL walks of life!
Only based on personal experience, I think it's highly questionable to say that simply doubling the time you spend on enjoyable things will result in a doubling of happiness. Pretty much everybody is aware of the idea of diminishing returns - eg, the second hour you spend on something isn't quite as enjoyable as the first, the third not as enjoyable as the second, and so forth. Eventually it might not even be enjoyable at all.
The book's logic seems to be that if we spend our time only on the initial 20% of things that make up 80% of our happiness, we could potentially increase our happiness 400%. It seems apparent to me based on life experience that this simply isn't the case.
I bought the book a couple of weeks ago.
Thank you
Brilliantly explained and nice real-life examples!
I love stuff that just works. I hate stuff that just doesn't; who needs that?
Thanks
Just don't waste you're time, on moments,scenarios that take everything. Great article.
My understanding: SEARCH the most important point/part & COMPLETE it!
Hi,
Ur summaries & presentations r really wonderful .. inspiring to practice & also to buy books.
I would love to get summary of
1) mind management, not time management “ by David kadavy
2) Sacred rest by dr saundra Dalton smith
You’d like the Knowledge Project Podcast, too, I bet.
Thanks for the book tip. Wow I would have to examine what 20% is yielding 160% of results or have to discover something else that I am good at.
what tool do you use to make such beautiful videos? pls let me know
Princípio de Joseph Moses uma nova Perspectiva 80/20
I put in 90% of my effort into school but I never receive the results, I can't even take time to do anything else because the workload keeps piling. Any advice?
Look at this techniques: memory palace, space repetition and Pomodoro.
There is something immature about this: "I'll simply make my life nothing but highlights!"
That’s your takeaway? No one can learn if they are always critical.
Aka you're immature, insecure and you don't understand the idea.
Prayer routine is part of success too
What spice do you have with the broccoli?
Can I request for your 1 page summary ? Much appreciated
I've always though that while this is an interesting topic, couldn't we create huge lists of different distributions? For example, a bunch of things that follow a 70/30 principal or a 60/40 principal? Is this addressed in the book?
I watched only 20% of your vedio and understood 80%
What Software do you use for this animation video?
Focus by Daniel goleman
Plz help me answer my question ?
i have damaging extreme neck spams
Reason:-
By watching one psychoanalysis video(from sprouts yt channel) my whole shame about s*x goes out. Which is big deal, like i can have infinite s*x now,this feels very big deal to me , i get neck spasms & panick attacks, my fear is this that s*x is so big thing, overwhelming so it makes me fear. I want to know what's ur experience with this video, how it affects you
We are not getting pdf from email subscription
There is bias at play here. Thats the problem with this assessment. It is much like the Marketing concept of funding. We know 50% of marketing is effective, we just don't know which 50%.
in the example of podcasts in your past, that is merely a bias to those episodes that you found effective, not the entire library. There will be plenty of episodes that don't apply to you at all (which is its own 80-20 principle), so spending time on those will in fact be worse and may even taint your vision of the podcast overall.
The 80-20 is meant for you to know what energizes you and make sure that you cherish those moments, not to get more out of it since there are deminishing returns and even burnout (never turn your hobby into a career, so to speak). You will waste your time. We all do. It is the awareness of that fact, not the overexposure to that fact, that makes this rule functional.
So if I make $25 an hour I will make $160 in 1 hour and 45 minutes?
This principle was meant only for economics not for sociology or any other field and then later got introduced in self help books to improve one’s life but I hate how misused this principle has been in propoganda and dangerous ideologies present on the internet.
You did 4 things on present.
😂😂😂
5:16 Hm, no. The essence of nutrition is variety. If you're eating a LOT of broccoli and avocado, some "junk food" probably does you some good. There are no "junk foods," just foods we have or have not eaten lately. (Look up the reasons chocolate was included in K Rations.) In developed countries, we see a lot more malnutrition from "orthorexia" -- people eating a small number of foods (i.e. macrobiotics) or avoiding entire food types (ultra low fat, ultra low carb, ultra high protein) rather than consuming a wide variety.
Disclaimer: I didn't watch the video. I just have one question. How were you able to find a way to objectively quantify happiness?
I'm not trolling or trying to be smug, I'm just pointing that out.
I always wonder what the people who have been delegated other peoples 80% menial tasks are meant to do with their lives lmao. This part is inherently flawed if we’re saying not everyone can do their 20%.
That’s the red pill about this method.
Expressions like 1/5 & 4/5 are gibberish to dyslexic 😅
They lost me at 'profit'.
I disagree with this logic as the cost of hiring others to do your 80% things would be so costly and I doubt working more will make you more happy.
One problem about your speech, you need to voice up or equal through the sentence. Not fade lower with your words at the end. Not attractive. Slight slower on the speech that will be nice
Thank you