Wednesday, December 23, 2009

JUST SAY YES - The 80/20 Principle

The Top 10 Highest-Value Use of Time - from The 80/20 Principle by Richard Koch

1. Things that advance your overall purpose in life, individually, family, community, organization
2. Things you have always wanted to do.
3. Things already in the 80/20 relationship of time to results.
4. Innovative ways of doing things that promise to slash the time required and encourage positive results.
5. Things other people tell you can't be done.
6. Things other people have done successfully in a different arena.
7. Things that utilize your own creativity and tap into your imagination.
8. Things that you can get other people to do for you with relatively little effort on their part.
9. Anything with high-quality collaborators who have already transcended the 80/20 rule of time, who use time eccentrically, effectively and creatively.
10. Things for which it is now or never.

The 80/20 Principle is a principle of life, not of business. It originated in academic economics and it works in business because it reflects the way the world works not because there is something about business that particularly fits the 80/20 Principle.

Business and free-market systems are basically procedures and processes, the envelop of life and activity, but not the contents. The most precious part of life lies in the inner and outer lives of individuals, in personal relationships and in the interactions of these people with the larger society and culture.

1 comment:

  1. Hi, I stumbled across your community and have been reading the blog with great joy. I also saw that you do internships and I was wondering whom I could contact with some questions? (my email is

    Thanks! Grace & Peace- Meg