80/20 Rule (aka. Pareto Principle)
Gist
The rule of nature that describes disproportionate relationships.
Officially, 80% of the effects come from 20% of the causes.
What is the minimum amount of effort that will bring the maximum results.
This applies to almost everything in nature.
Take aways
- First focus on the 20% of tasks that are going to bring 80% of the value. Also known as the the “low hanging fruits”.
- Don’t get hanged up on the numbers, ie. 80/20. They vary by case study.