Pareto Rule: what it is and how to apply the law in practice

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This principle has long been used by many successful people, while for others it is an unknown mystery.Those people who know and can apply the Pareto rule, much easier to organize your life and make the most correct decisions.And some even believe that know the true power of this universal law is not managed all aware of it.The time has come and we have to figure out what is a Pareto 80/20 rule and what is its practical value.

concept

essence of this law lies in the fact that only a small proportion of the reasons, efforts and resources invested, is responsible for most of the results earned rewards or products obtained.In other words, only one fifth of our labor (20%) and the time spent actually bring us closer to our goal, and the remaining 80% of our efforts to achieve the desired, usually to anything significant not lead.It sounds a bit scary, but this is the Pareto rule.An example of this law can be found at almost every turn.In business, a fifth of the range of products brings a 80% profit.The same is true for customers with buyers.Pareto rule also applies to any organization or institution: 20% of employees perform 80% of the work, while the remaining people do not have so much enthusiasm or simply not motivated properly.Now take a look at our society.Most of the crimes (80%) make hardened criminals (20%), the vast majority of traffic accidents committed by the same drivers, a fifth of newly newlyweds and waiting for a reason to terminate the sacred bond of marriage (divorce 80%).Finally, only twenty percent of children are fully aware of and use most of the opportunities offered by our educational system.As you can see, the Pareto Rule applies everywhere, even at home.After all, if you think about 80% of the time we carry virtually the same clothes.Only 20% of the books they read are real value for our self-development, and only 20% of financial expenses can really have a good reason for his acquittal.

Why Pareto Rule is so important?

Law 80/20 is able to give our lives a very serious impact, because it is in conflict with what we used to think before that logical.So, we can expect that all our efforts have approximately the same value.With all factors equal in their impact on the outcome of an event.With any day is for us as important as everyone else.With all friends are of equal value.What's to all correspondence should be treated with due care.With all the features have the same value, no matter which of them seem to be the most predpochtitelnoy.Pravilo Pareto helps sober and pragmatic look at what happens to us in the world around us.By identifying and putting aside extra ballast, we not only get more free time, but also be able to concentrate on what is really important to us, and thus achieve their goals faster.