Paretos Principle Monthly Review

Several years ago I wrote an article on Pareto’s Principle (here it is).

You will recall Pareto’s principle is commonly called the 80 / 20 rule. It is a great rule to use to nourish your life.

Today I was listening to an interview with Tim Ferriss and he reminded me of the following: (I paraphrase)

“Consider that if you analysis your life once a month there are quite possibly 20 percent of people in your life who bring you 80 percent of the joy you experience from others AND there are another 20 percent of people in your life who bring you 80 percent of the pain you experience from others. Make sure you do your best to nourish the relationships with the right people in your life and cut away from those who bring you nothing but pain.

Consider that if you want to ever achieve your goals that about 20 percent of your daily actions are generating 80 percent of the positive results that move you towards your goals AND another 20 percent of your daily actions are in fact creating 80 percent of the negative results that are moving you away from your goals.”

Study your life for at least 30 minutes once a month and be aware of where you are investing your time and energy.

Your life, it is up to you how good you want to make it.

Best Wishes,

David