80/20 principle

[expeditus]

Hi good day I stumbled upon the 80/20 principle and somehow i really liked this idea but can someone elaborate it more and give simpler examples of this pls. Thank you just a newbie?

[veqsms]

I saw this concept before some days, I am planning to read the Book too, from some review on youtube it seems to be interesting.

80 percent of our results come from only 20 percent of our work - (it does not have to be exact 80/20 it could be 85/15,  75/25 etc)

In society, 20 per cent of criminals account for 80 per cent of the value of all crime

20 per cent of motorists cause 80 per cent of accidents.

[Ocean]

It’s about focus and return. If you have a problem, spend 20% on the problem, and 80% on the solution.

 

If you want to be healthier, plant food and exercise 80%, 20% being lazy and junk food.

 

If you want financial success, 80% on business, work/skill improvement. 20% distracting and entertaining yourself. 

 

Many businesses rely on 20% of their client base for the majority of their income (80%).

 

 

[-Rowan]

I first read about it in the 4 hour work week. Basically, an Italian economist found patterns within nature and life that suggested that 80% of results come from 20% of the effort, and the last 20% of the results come from 80% of the effort. 

[expeditus]

Thank you so much i now understand it...

[Cjaryo]

@Ocean I disagree with some of your examples, but I believe that you are essentially correct.

The way I see it is that some things (20%) produce a high yield of results (80%), and we should thus focus on those activities so we can greatly change our lives with relatively low amounts of effort, and a relatively high amount of rewards.

[expeditus]

4 hours ago, Cjaryo said:

@Ocean I disagree with some of your examples, but I believe that you are essentially correct.

The way I see it is that some things (20%) produce a high yield of results (80%), and we should thus focus on those activities so we can greatly change our lives with relatively low amounts of effort, and a relatively high amount of rewards.

Wow the simplest explanation that i just needed thank you so much

 

[haai14]

@expeditus If you spend 20% of your time meditating, healthy eating.... and other 80 doing shit you will still benefit 80% in the long run.

[expeditus]

2 minutes ago, haai14 said:

@expeditus If you spend 20% of your time meditating, healthy eating.... and other 80 doing shit you will still benefit 80% in the long run.

Thank you so much

[sleeperstakes]

see leo's "3 steps to be ruthlessly effective at anything" for more on high yield techniques that produce 80% of the results