😬 If You Can Choose, Be Lazy!
I don't know what parenthood is like for you, but I used to need 48 hrs in the day to just keep my head above water! I was always chasing my own tail! I then came across a really simple principle that blew my mind AND IT WORKS!!! It is the 80/20 rule. For the people listening at home that may not be familiar, the 80/20 rule or Pareto Principle, is a concept by Vilfredo Pareto from the 1800s. In simple terms, 80% input, gives 20% output and vice verse, 20% input gives 80% output. He noticed this when looking at hundreds of things from daily life. So if you have 100 clients, 20% create 80% of your revenue, 80% of your household spending is on 20% of the bills, 20% of your to-do list will generate 80% of the benefit and so on. Now the ratio might not be exact and could be 75/20 or 85/15, especially if there are only a small amount of inputs available, but in the mean, it is around 80/20. Whatever dude, math sucks! Okay, okay, it sounds cool and all, but what does this mean in practical terms? Focusing on the 20% will give you 80% of your outcomes. Doing it that way means you are 16x more efficient! You can work one day and get 4 days of output! Pair this principle with a VA/EA..... 🔥 If you really want to go extreme, you can 80/20 the 80/20! That means 4% input gives 64% output. So 2 hrs input equates to 3 days output 🤯 If you do another round of 80/20. 0.8% input equates to 51% output. This works out at 20 mins input is 2.5 days output..... If you look at your list of stuff to do in a day, see what will give you the biggest gain for the least amount of input and do that first. Then the next, and the next and so on. This means some minor stuff won't always get done straight away, but more will get done overall. This is why people like Elon Musk can run 7 companies and is the richest man in the world. He has the same 24 hrs as everybody else, he just homes in on the 80/20 for EVERY process or problem. Hopefully this helps?