The 80/20 rule

diplomatic_lie

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Has anyone know much about the 80/20 rule? I've heard about the Pareto Principle (where it says 80% of something comes from 20% of something).

One of the aspects I'm interested in is that 80% of your work can be achieved in 20% of your time. Anyone know about this area specifically? Is it that adage about improving yourself 80% of the time, and only working the other 20% more efficiently?
 

A-Unit

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Re:

diplomatic_lie,

See also Brian Tracy, Jim Rohn, and Earl Nightingale.

The Premise is as such...and I'll use an example to demonstrate.

When you're in sales, you're goal is to generate the MOST income possibly for your UNIT of time. Getting the most sales DOESN'T necessarily give you the best income, though it could. You could also see VERY LARGE accounts and maximize your time, though the sales cycle might be longer.

So in sales if all that matters is the bottom-line with respect to your INCOME and GOALS, then you want to spent 80% of your time doing...

-Better selling, better customer questioning.
-Doing more interviews with prospects.
-Closing more cases.

The other 80% that only generates 20% of your income would be servicing, prospecting/marketing, and all the desk-work. That you would offload to a secretary, create a mini-automated marketing program, or hire a telemarketer at $10/hr so you could earn $100+ per hour, and net $90/hr.

In dating, what's the most influential part of the game?

The most important part is EVERYTHING you do BEFORE meeting the woman or the date. So you must put the effort into the inner game, in your life, to get a better outcome. Then, when you're sitting down with her, who you are will speak to her BETTER than your lips moving and jaw flapping. Yet, most people stress over the 20% (which is the date). Sorry, but if football players didn't practice, lift, and eat right, the game WOULD NOT be the time to work out kinks in their running style, catching style, speed, and blocking. The game is the TIME to put into action all you've practiced and give into the subconscious direction you've given it.


A-Unit
 

Panda 2000

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I wouldn't know about that, but I am skilled at doing 20% of my work in 80% of my time. As a matter of fact, I'm even more skilled at not doing my work at all.
That's 80/20 for ya.
 

blackbirdbeatle

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Wasn't 80/20 developed to show that 80% of your sales comes from 20% of your customers(I know this applies to it but I believe that this was the central idea behing it)? So focus on that 20%.
 

Create self-fulfilling prophecies. Always assume the positive. Assume she likes you. Assume she wants to talk to you. Assume she wants to go out with you. When you think positive, positive things happen.

Quote taken from The SoSuave Guide to Women and Dating, which you can read for FREE.

Evil-Rom

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diplomatic_lie

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Sounds like a pretty interesting concept. I've read into a lot of information on this, but the "80/20" thing never came up.

I suppose ultimately, its about spending 80% of your (working) time getting ready for that final 20% (when it actually counts)?
 

Sometimes

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sorry to resurrect but

20% of your activites counts for 80% of your results.

So this means if you focus on doing the top 20% of your tasks, you can have more results.... *and time

ie
TOP20% BOTTOM80% RESULT
More Approching Less Keyboard Jocky = More PUVssY
More Exercising Less Not Exercising = More Ripped
More Assignments Less TV = Better Grades
More Dancing,Conversation LESS PS2 = More skills

etc etc etc
 

Alpine

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It applies to most thing in life, not just sales.

In fact it applies to other facets of sales too...

20% of your salesman bring in 80% of the business.

Can u think of any more?
 
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