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If there was ever a principle that was responsible for the most
happiness and achievement in the world, it would be the 80/20
Principle.
The 80/20 Principle or Pareto Principle was discovered in 1897 by an
Italian economist Vilfredo Pareto while he was searching for
patterns of wealth and income in England.
What he found was that 80 percent of the wealth was enjoyed by only
20 percent of the population. Additionally, it was consistent in
different countries and in different times.
This has been found in present day as well and in almost any
activity that we perform, business or otherwise.
In other words, 80 percent of your results in a given activity, are
generated by 20 percent of your input or effort. Just the same, 80
percent of revenue or profits are generated by 20 percent of your
efforts or sales.
The 80/20 relationship can also easily be documented in personal
achievement and happiness.
Most people have never taken the time to count their achievements or
much less figure out what makes them happy. If they did, they would
have realized that there are very few things that contribute to most
of their happiness. They would also have found that there are very
few things that they have done that has resulted in most of their
achievements.
A great example of the 80/20 Principle in achievement would be to
look at some achievement that you've made in your life, and write
down all of the things that you did that "truly" got you there. If
you're looking at it honestly you'll see that it took consistent
effort on very few things to get you most of your results.
My website
http://www.RasheedAli.com is another great example. I could have
spent a lot of working hours and even more money to get my traffic
up, but in reality it took very little work and money to get my
Alexa traffic rank from over 3,000,000 in the world to currently
212,901 and climbing every week! It has taken very few, small but
effective steps to achieve this. You will find this time and time
again in your life if you take a closer look. What you may have
thought of as hard work may have been a few effective actions
combined with many ineffective actions. By the way, this was done in
less than three months.
Now, although achievement makes us happy, what else does?
A serious "Happiness Analysis" is also something all of us should do
at least once in our lives. If you documented the things that
contribute to your happiness then number the things that make you
the happiest, you will find that there are only a few things that
contribute to most of your happiness. In other words 20 percent of
the things that make you happy, contribute to 80 percent of your
happiness!
With that said, if you were to spend more time doing the things that
result in most of your happiness or achievement, you WILL double or
even triple your results.
** As a firm believer in self improvement through self education, I
have begun to compile a list of recommended reading books on my
site. The 80/20 Principle by Richard Koch is one of them. Go there
and check it out often
www.rasheedali.com/reading.htm.
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Rasheed Ali was once a homeless runaway on the streets of NY and is
now helping thousands people from all walks of life reach their
ultimate potential by conquering any and all obstacles through his
Conquer Your Adversity Newsletter. You can subscribe at
http://www.RasheedAli.com.
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