The 80/20 rule, also known as the “Pareto principle,” was invented by the Italian economist Vilfredo Pareto in 1896. Pareto studied income and wealth distribution in societies, and since then, this rule has been used in many fields, including business, management, marketing, human relationships, and many others. It is a universal rule that is used worldwide to achieve multiple goals.

The 80/20 rule is a golden rule in life! This rule says that 20% of your efforts will produce 80% of your results. In other words, you can achieve most of your goals by focusing on the important things (the 20%) and ignoring the rest (the 80%).

Think of it like pizza toppings: 20% of the toppings (like hot peppers or mushrooms) will give you 80% of the enjoyment, while the other 80% (like olives) are just filler.

Or if you’re a procrastinator, you can apply the 80/20 rule to your studying: spend 20% of your time studying and you’ll get 80% of the information you need. You can spend the other 80% of your time on the more important things, like practicing TikTok challenges or trying to understand what your cat is thinking.

This rule works both ways, as it can be used to determine the activities that achieve the greatest results with the least effort, as well as to determine the areas that need more attention to achieve the desired results.

For example, 20% of customers generate 80% of revenue, while the other 80% of customers generate only 20% of revenue. This rule can be used in small and large businesses, and even in personal life, to determine the activities that should be focused on to achieve the desired results.

Think of the 80/20 rule as a filtering process, where the most important activities are identified and focused on, while the less important activities are ignored. This rule can be used to prioritize business activities, identify areas that need more attention, and focus on activities that achieve the most results.

It is also worth noting that the 80/20 rule is not a strict and organized rule, but rather a guiding rule that can be determined differently depending on the field and goals being pursued. In addition, the 80/20 rule can be used to determine the activities that should be focused on in personal life, such as identifying the true friends who represent 20% of friends and who give 80% of support and help and leaving the other 80% that are useless.

Finally, it can be said that the 80/20 rule is an important tool for improving productivity and efficiency in business and personal life. It can be used effectively to determine the most important activities and focus on them and achieve the desired results. Remember, the 80/20 rule aims to work smart, not hard, so don’t hesitate to focus on those magical 20% that will give you 80% of the results you seek!