Time management. Maximise your results
If you want more for less, in anything that you do, it would be useful for you to know about the Pareto Principle.
The Pareto Principle is simply that 80% of your results can come from only 20% of your efforts. For example; if you think about exercise, you can get a lot fitter and healthier from exercising intensely for 30 mins per day for 5 days per week, regardless of what you eat. That’s only 2.5 hours out of 168 hours in a week to get big results. (Obviously you would get even better results by eating healthy, organic veggies and lean meats, but whatever) Even if you’re sitting around on the couch for the rest of the week, just that tiny investment will pay you back in big results.
Another example is cramming before an exam. A better option might be 10 mins reviewing each lesson each week as you learn it! Or if you’re in business and you look at how much money you’re making from each client, you will notice that around 20% of your clients bring in 80% of your income.
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So how can we use this info to get max results in the best time? Think about your own life and where you get your maximum results. You might notice the common denominator in those areas is that it usually only took a small amount of focussed time/effort to bring in those results. Think also about those non-tangible results, like happiness, love, connection, learning. What activities bring out the max results in those areas for you?
The opposite is true too, that 80% of your efforts lead to only 20% of your results, this is what I call “faffing”. Many of the activities that gobble up our time don’t actually produce good results or make us happy.
The key to getting maximum results is to notice which activities bring you the best results and spend more time doing those things by ignoring, delegating or deleting the other 80% activities that bring you a whole lotta not much.
A simple question you could ask yourself is:
What results do I get from doing this?
Are the results worth the time I’m spending on it?
What activities bring me the best yield / biggest results?
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