019: Results Not Typical: Mastering the Pareto Principle

People continue rushing to the finish line as there are so many things to get done with so little time. But the question is, is there really no time at all, or are we only focusing more of our energy on less important things?  Mark Sieverkropp, a blogger, coach and co-founder and former director of Happen-ings at Happen To Your Career. He is also a personal friend and was my first co-host of the 24 Faithful podcast. Specifically, he joins the podcast to share more about the Pareto Principle and how to apply this principle to almost every aspect of our lives to achieve the highest efficiency.  Pareto principleIt's a foundational idea that not everything you do is equal. And not everything you do is of equal value because people think that everything they do is equal and need to get more done. It's basically the idea that if you only have a certain amount of time, what would you do that's most valuable? However, unless you find that 20% and look for them, you'll miss out on the idea and the process. The 80/20 principle, essentially, points out, in theory, that you can work one day in a week and get this like 80% of the results that you typically do in one day or a week because that's 20% of your week and 80% of your results are going to come from that 20%. Finding your 20How do you find the 20%? When it comes to either products or services or the things/tasks you're doing, it's the things that directly and proportionately contribute to bottom-line revenue. So, what are the things that will make the biggest difference? Because honestly, people do many things that have no value, and the key is looking at those things. Because everything else is kind of is important, and it contributes, but it's not nearly as important. So, it's that idea of not only knowing it but then finding what those 20% things are. When you focus on that 20% and emphasize that, you're still going to find time to get those other important things done because these things will find their way in to get done anyway.  Bottom LineIf