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Wisdom Wednesday: 80/20 Rule
Don't just do, think and do
Understanding The Law Of Artificial Motion
The 80/20 rule is a pragmatic law of approach to generating productivity and adaptation. People usually think too much before starting a business, and all they do is think and get nothing done.
Think
Imagine studying on exercising, but never exercising. Sounds like your gym teacher right?
That is a common mistake people make, they just study and never do.
Same thing can happen in a business, a self-proclaimed genius would have all these billion dollar ideas, but lack the capacity to put ideas into reality.
The Do
Then there’s the not so bad part, where people just do but don’t think. You ever seen a repeat the same mistake? I have.
There are people that only work, thinking work is the answer to all problems, but they don’t know they work in futility.
When I was a valet driver, a woman from a completely irrelevant department wanted to be the general manager of the hotel I was working at.
She would have a conniption over “lack of service”, we’re just valets, we greet and we drive cars. She would make a scene and try to get individual workers in trouble for not doing as she told.
One day I guess she had an epiphany, and decide to lead by example. She came downstairs to our work area to show us how it’s done.
She proceed to just wave at drivers, to make them “feel welcome”. Me and my peers were looking at her, wondering if she thinks she’s impressing us with her leadership skills.
Not only was she waving, but she was also confusing drivers and caused a traffic jam in our work area and thwarted our work system. Simply said we kindly asked she leave for her own safety.
Working in futility guys! don’t try it. The 80/20 rule is designed to help you think and do. I didn’t realize I was making a mistake when I learned that I would spend my time doing things that don’t benefit me. Now that I put my productivity in check I can focus on the things that can return me some form of benefit.
I learned this business approach from a billionaire Thomas Smales
The Idea is that you should be spending 80% of your time doing what is making you money. The 20% allocated for experimenting and thinking better strategies.
If you really want to read a book about the 80/20 rule here a book that has strong resources
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