15 Secrets Successful People Know About Time Management pdfdrive com

80 percent of results will come from just 20 percent of the action.
This “universal truth” about the imbalance of inputs and outputs became
known as the Pareto principle, or the 80/20 rule. While it doesn’t always come to
be an exact 80/20 ratio, this imbalance is often seen in various business cases:
•
20 percent of the sales reps generate 80 percent of total sales.
•
20 percent of customers account for 80 percent of total profits.
•
20 percent of the most reported software bugs cause 80 percent
of software crashes.
•
20 percent of patients account for 80 percent of healthcare
spending (and 5 percent of patients account for a full 50 percent of all
expenditures!)
On a more personal note, you might be able to relate to my unintentional
80/20 habits.
I own at least five amazing suits, but 80 percent of the time or more I grab

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my black, well-tailored, single-breasted Armani with a powder blue shirt.
(Ladies, how many shoes do you own, and how often do you grab the same 20
percent?)
I have 15 rooms in my house, but I spend about 80 percent of my time in just
my bedroom, family room, and office.
I’m not sure how many miles of roads are in the small town where I live, but
I bet I only drive on 20 percent or less of them.
On my Samsung S5 smartphone, I have 48 different mobile apps pinned to
the tiles, but 80 percent of the time I’m sure I’m only using about 8 of them.
When I go grocery shopping, I definitely spend the most time in the aisles
that are around the edges of the store: produce, the fish market, dairy, breads—
and generally skip the aisles in the middle of the store (except health and
beauty).
As a massive introvert, I don’t actually socialize too much, but you probably
find that you spend 80 percent of your time with 20 percent of your friends and
family members.