80/20 Pareto Rule

I’m reading books on a vengeance. I bought a couple of books yesterday, and I bought 2 books last week. Currently, I’m reading the 4-hour work week by Tim Ferris. It’s pretty mind-blowing how a person can just clock in 4 hours a week and yet earn the same amount in a month which one usually makes in a year.

One thing that I have learnt is the 80/20 Pareto rule. I have read about this a couple of times, but I did not fully comprehend it. Basically, you will find that 20% of the things will cause 80% of your unhappiness and problems. At the same time, 20% of the sources will cause 80% of you happiness.

For example, you may have toxic relationships with 2 out of 10 people. 80% of the time that you are unhappy or stressed, it is caused by them. If you could eliminate them from your lives, you will be much happier. At the same time, 2 out of 10 people will let you feel happiest when you are working with them. If you concentrate on them, your value and earnings will increase a few folds.

Hence, go and find out what are the things that work well most of the time, and what don’t, and then try to eliminate them. Don’t think you need to catch all the fish in the world. The two fish you catch may be the piranhas you want to let go.