Saturday, 30 March 2013

Learn The 80/20 Rule And Watch Your Results Soar

By Lachlan Haynes


First of all, the 80/20 rule is not about economics or maths (even though it may sound like it), so let's get that straight from the start! However, this rule does apply to your life (and everyone else's life) so it's very important that you are aware of it and can start manipulating it for your own benefit (in the way you study or in any other field you choose).

The 80/20 rule (which was created by Vilfredo Pareto by the way) says that 80% of what we achieve is a direct result of 20% of the actions we take. In this context, what it is telling us is that a small portion of the things we do each day create the majority of our outcomes. Now, the ratio may not really be 80/20 - it could even be 99/1 - but the point remains that there are a small number of certain activities you engage in each an every day which are creating most of your happiness (or unhappiness) and most of your results (whether they are good or bad).

Examples of how this applies in your life are everywhere but let's look at a simple example to demonstrate how this works. If you think about everybody you know (friends, family, acquaintances etc) the 80/20 rule tells us that you will spend 80% or more of your time with 20% or less of all of the people you know. Now does that sound about right to you? I bet it does.

The first major thing to take away from the 80/20 rule is to understand that there is no point focusing on the 80% of things you do each day that are creating only 20% of your results. You need to do the opposite! Forget the 80% that is impacting 20% of your results, you want to focus only on the 20% that is impacting 80% of your results! Are you following? Clear as mud?

Why? Well there is obviously no point focusing on the 80% of activities that is impacting only 20% of your results. That wouldn't make sense would it? That's totally backwards! Instead, you must address all the small areas that have the biggest impact and will maximize your performance. Do what counts. Don't worry about everything, just focus on those things that create the biggest results for you. So, what are the things that create the biggest results I hear you ask?

Regrettably, this is not always easy to answer as many things can have a big impact on your results and everyone is different. However, there are always common denominators that seem to impact everyone in one way or another and we can safely assume they are impacting you as well. So what are they?

The biggest 20% area that undoubtedly creates and influences your outcomes are your habits. With poor habits come poor results. There is no doubt about it. You may not even realize it but your habits are impacting you right now. Change your habits and you will change your outcomes.

The next most cited problem is motivation levels. With a lack of motivation comes a lack of action. So if you can't find a way to feel motivated it will have a significantly negative impact on your results. We all know how much we get done when we have no motivation - nothing! So again we can see that one small area (motivation) is greatly impacting on a big area (your results).

Your memory recall ability has a huge impact on your results. Many tests and exams don't only test knowledge; they also strongly test your memory recall. Unfortunately, not many students are taught how to recall information. Nonetheless, if your memory recall ability is legendary then you will transform your results! I'm sure we can agree on that. SO again, we see that one area (your 20%) is having a significant impact on your level of achievement (your 80%).

Clearly, there are many areas that impact your results in schooling and your results in life for that matter. But by figuring out which areas are having the biggest impact you will be able to quickly change your results. Identify your personal 20% areas that are having a big influence on your outcomes and do something about them today. If you do, your grades will shoot up quickly. If you don't, you should expect more of the same. Good luck!




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