Let’s start with my story. At the beginning of the year, I noticed that a lot of time is being wasted on mobile devices. For three days, I observed my own activities and saw that 80 percent of the time, the phone was being picked up while checking notifications. After entering the settings of the phone, I turned off all the applications from which notifications come, including Mail-Facebook. The result? Wasting time on mobile is much less now. The time of day seemed to increase by a few hours.
So far I have been talking about a theory given by the Italian economist Pareto in 1906. According to his name it is called ‘Pareto’s 80-20 principle’. The study found that 20 per cent of people in England own 80 per cent of the property. Later he saw that 80 percent of the seedlings came out of the 20 percent peas scattered in his garden. According to this principle, 80 percent of the results come with 20 percent effort.
In the 1940s. Dr. Juran applied this princi to quality control in the industry. He saw that 80 percent of the problems in the product are due to 20 percent of the problems in the machine. Only by solving those 20 percent problems, the overall quality of the product increased several times.
If you want to be fluent in French or Chinese, you don’t have to know millions of words and grammar in that language. With only 20 percent of the words, you can complete 80 percent of the conversation. 20 percent of Windows bugs are the cause of 80 percent of crashes. This also applies to any other software.
Now think of your favorite singer. You see, 20 percent of his or her songs have brought 80 percent popularity. 20 percent of Hollywood movies bring 80 percent of the box office profit.
As can be seen from our video analytics on YouTube and Facebook, 80 percent of our views are from 20 percent of the videos. I have also talked to the managers of some supershops or restaurants and found that only 20 percent of the products bring in 80 percent of their sales. Again, only 20 percent of their customers make 80 percent of the complaints.
How to get started?
The first thing you should do this week is make a list of things you shouldn’t do. The mentality of the people is to make a huge ‘to-do’list, to finish the less important tasks first, and to cut out one task after another and make a belch of satisfaction. At the end of the day you stay busy but work does not improve.
Think about the tasks of the day, which tasks are wasting your time the most. Frequent mail checks, all phone call receive, mobile notifications – all of these are on the list. Only reply to mails at 12 noon and 4 pm.Only receive emergency phone calls.Turn off smartphone notifications. Give your talent to finish the most important work first.
Make a list of the five most important tasks of the day and decide which of them will be most beneficial to your family or work. Cut out the other four and spend the most time just doing that.
The 20 percent of the products that give you 70 percent of the income, the most important thing is to increase the value of these products. More customers does not always mean more revenue. Get more work or orders by deepening the relationship with the 20 percent customers who are giving you 80 percent profit.
Make a short list, which 20 percent of people and which 20 percent of customers or work is the cause of 80 percent of your mental anguish-anger-time wastage. And Which 20 percent is bringing you financial and emotional satisfaction.
Giving more effort or time to a task does not mean that the importance of the task increases. Prolonged sitting in the office does not necessarily mean promotion. There is a big difference between being busy and being effective. Expected results depending on how the work is being done. So just ask yourself one question:
“Am I working for the desired results or am I just pretending to be busy?”
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