Saturday, November 20, 2010

80-20

The eighty-twenty principle is really interesting. Basically, it says that 80% of results come about by 20% of causes. Here are some examples:
  • 80% of honey is made by 20% of bees
  • 80% of peas in a garden are in 20% of pods
  • 80% of the world's wealth held by 20% of the population
  • 80% of all crimes are committed by 20% of criminals
  • 80% of health care resources are used by 20% of patients
This has been seen over and over again in many different parts of life. Anyway, just thought that was pretty interesting. You can make your life easier by focusing on the critical 20% of things that take up 80% of your time. By recognizing those things, your life will be very nice.