![]() ![]() You can overlook them and the consequences will not be disastrous. Sometimes the activities that are taking up your time and resources are simply menial tasks. If an activity is not useful to you, proceed to delegate it to someone else or delete it from your list of things to do. Therefore, you should utilize them wisely. You only have a limited amount of energy and resources to use every day. ![]() Let go of the irrelevant activities so as to free up your time and resources for the critical few that matterĪs you find out the activities which are critical to your success, you should also root out those that only cause you to waste time and valuable resources. Suggested Reading : 10 Essential Skills You Need to Master if You're Into Entrepreneurship This will result in better performance at work and even in your professional projects. Hence, the author of this book encourages us to find out these skills and focus on improving them. You only need a small number of skills to accomplish your projects successfully. This principle is replicated in your projects at work too. Only a handful of skills are required for the generation of majority of your income. However, in most cases we find that only a few of these skills are required to perform our jobs in an excellent way. Due to the fact that we are usually instructed in a variety of subjects, we can gain many different skills and abilities. To excel at both of these activities, we need to have some special skills. To keep up with the professional demands of today, we strive to get an education so as to get a job and build a career. Suggested Reading : Improve Your Critical Thinking Skills With These 9 Powerful Tricks A small number of skills are responsible for majority of your daily career success Thus, ensure that you make the right choice when you are considering critical decisions for they have a long term effect on your life. Most of the returns from a portfolio are based on the decision to either buy or sell specific, important securities. Robert Koch expresses that this perspective can also be applied to investment. One or two major decisions resulted in the current path of life that you are now experiencing. However, only a few critical ones resulted in your present circumstances. Each decision that we make has its own consequences. We all make very many decisions every day concerning our lives and those of others around us. Suggested Reading : The 7 Life Areas Where You Need to Invest Time and Money A few critical decisions in your past are responsible for where you are today Accordingly, Robert Koch encourages us to find out the 20% of our activities that brings about 80% of results and focus on those. The 80/20 principle indicates that spending time on these core activities results in exponential output that brings extra benefit to you. Thus, they can be financial rewards, family relationships or even overall health. They can be your job, your fitness workouts, your interaction with family or even your meditation. There are some activities which you perform that are responsible for majority of your happiness and tangible output. Here are some mind blowing lessons that we learned from "The 80/20 Principle." A small percentage of your efforts produces majority of your satisfaction Koch gives a systematic formula on how we can use this principle to our advantage and excel in any field. In this way, we are able to perform efficiently because we are utilizing much less time, resources and effort. ![]() These activities deliver the majority of our returns. He explains how we can achieve much more in life by focusing on the activities that are most crucial. The author indicates that this principle can be applied successfully to personal lives as well as organizations. The principle explains in detail how anyone can identify the 20% of personal effort that they need to maximize so as to achieve 80% of their overall results. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |