"The 80/20 Principle"
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Richard Koch
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| The 80/20 Principle By Richard Koch | Book Review |
Book Name: "The 80/20 Principle"
Author: Richard Koch
Published:
1997
Page: 336
Personal
rating: 4.5/5
Amazon
Review: 24,523 global Reviews.
Genre of
Book: Self-help
book
According to the author, 80 percent of our output depends on only 20 percent of
our work.
For example, for 80 percent of accidents, 20 percent of people are responsible.
80 percent of the world's wealth, only 20 percent of people have. 20% of your
friends are 80% of your happiness.
If you
notice that you always use the clothes in your Wardrobe.?
There are several clothes that you like very much,
and therefore wear them over and over again,
and the clothes that you don't like so much are very few.
Again, you have the cell number of many people who have your mobile but you
spend 80% of your time with the same 20% of people.
60,000
thoughts run through our brain every day.
We have to make many decisions every day.
Among the thousands of decisions (80%) we make,
there are some very important decisions (20%) that put you on the brink of
success.
The profit or loss of the stock exchange depends on this 20 percent decision.
We spend 80%
of our time from childhood to graduation and earn 20% of our income.
If you want
to develop yourself more,
focus more on the work that is more important.
If ever a
good relationship goes wrong,
and when it comes to fixing it,
we blame the other 80 percent,
but if we consider the good songs of the other 20 percent,
then there is no more conflict.
Again, to get 80 percent of your business profit,
20 percent depends on activities so more focus needs to be given on these 20
percent activities.
There are
many strategies to work with,
and you have limited time,
limited resources and limited energy that you can use very carefully.
So put aside the tasks that are outside your goals, and concentrate only on the
tasks that are very important.
It is not necessary to reply to all emails.
When you are
committed to a specific goal,
you can better understand what works for you and what doesn't.
Keep a to-do list that will help you be more effective.
As a
business, not all of your customers are eligible for adoption.
There are some customers who can be offered extras,
but there are customers who buy your product but are never satisfied,
no matter how well you
support them,
who always complain and expect extra benefits,
says Richard Koch.
- Know your very best customers,
and try to give the best benefits to those few customers, because new and
better customers are created for those potential customers.
You work
hard to achieve your goals,
which sometimes bring you happiness and peace,
and to achieve your satisfaction,
you need to focus more on that work.
Like family or good friends,
meeting new creative people and sharing your knowledge,
and gaining new knowledge with others.
Spending your private time
with the people you love in less time will help you to be more effective.
And stay
away from those activities that involve wasting your precious time.
At some
point in life, you have to make important decisions, which cannot be changed
later,
and if you make a wrong decision once,
then you have to pay the price for the rest of your life.
Like marriage, buying a flat, job.
Most importantly, no matter how hard you work to
achieve success, people never appreciate it.
People only value what is visible.
Like the office boss always looks at the result, not the effort.
To achieve
success, before you start working, do some research on the subject.
When you have selected a goal, do the first thing that will bring you the
fastest success.
Therefore, make a to-do list which must be done every day,
and make a list which is a not-to-do list,
which contains the tasks,
which create obstacles to achieve your goals.
Have you read “The
80/20 Principle”?
How did
you like this installment in the self-improvement?
What did
you like and what didn’t you like in it?
Let me know
what you think in the comments below!
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