The 80/20 Rule

Have you heard of the Pareto Principle?

Named after Vilfredo Pareto, an Italian economist, it states that the basic principle in business is 80% of your sales come from 20% of your clients. On the flip side, 20% account for 80% of the problems.

Having been self-employed for a whole year now (yippee!) I can testify that this has been true and on point.

Can we take this to other areas in our lives, outside of business? As a conceptual thinker, I started connecting this dot as soon as I heard this piece of theory.

How about your relationships. Your “homies,” before “squad” became the new lingo.

From all the friends you have, I will bet you that 1 or 2 people account for 80% of life satisfaction, and there is a small percentage of people, say, about 20%, who gives you 80% trouble and drama.

It is really an enlightening concept. Once I became aware, I started to wean and fire some of the 20% giving me 80% of trouble out of my life. Consequently, I found myself moving in the direction I want a lot faster. This is really hard to do. What if your “bad” 20% is your spouse or significant other, your mom or dad, or a boss? It may take time, but it is possible to distance yourself and create a shield of protection around your core, mission, and heart. And hey, even though I am not an advocate for divorce and single motherhood for everyone… I do believe that sometimes extreme measures as such are necessary to make our lives better and become who we need to be. Some people find it necessary to divorce their original family for similar reasons.

Nurture and celebrate your 20% who gives you 80% satisfaction! I do every day. This keeps me on point, fuelled, and pulls me up when I stumble.

Who are your 20% power team? Call them or text them, and tell them that you love them, and how much you appreciate them.

 

 

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