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Further
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1st Thing You Need To Change in Starting Up a home biz - Heri Rosyadi Home business is a great opportunity to get your own freedom. If you are like me who doesn't like to work with others, who values more freedom than job security, then you are in need of doing your own business. Personally I hate waking up early in...
Reasons for individual, corporate and national success and - Diane M Hoffmann Ph D Reasons for individual, corporate and national success and prosperity. from Diane M. Hoffmann How would you like to be a person who had earned your credibility through writing 35 books and producing more than 300 audio and video learning...
The Dollar Heyday Is Over - John Finger Money Matters December 18, 2003 Presented by The Money Management Firm, Inc. www.moneymanagementfirm.com eBay ID: optionsforyou The Dollar’s Heyday Is Over _________________________________________________________________________________________...
Your Website Should Be Selling - Ben Norbury It may come as some surprise to a traditionally off-line business that their website should be attracting new sales, or at least supporting the sales they have made. There is a common misconception that a website is more of a cost than an asset....
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How to Save 2 Hours Every Day using Pareto's 80-20 Law
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Written By:
Neil Stelling
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Word count: 402 Character width: 60
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"How to Save 2 Hours Every Day using Pareto's 80-20 Law"
- by Neil Stelling B.Sc, MBA Marketing Manager,DigiLectual http://www.secretsoftimemanagement.com/parart
© DigiLectual Inc. 2003
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Vilfredo Pareto worked as an economist in 19th Century Italy. We can still use his theories in today's 21st Century Internet economy !
His 80-20 law applies to many things, including Time Management. For example, his law says that 20% of your customers provide 80% of your revenue. It says 20% of your time spent on a project gets it 80% towards completion. 80% of people working in the computer business only do about 20% of the work, and the other 80% is done by the 20% star workers !
So how does this law apply to time management ? How can you use it to save 2 hours every day ?
Think about any jobs you must do. Think about any projects you're working on or about to start. We all want to do the best possible job. But how about this ? How would you like to get three jobs done in the same time as one ? How would you like to finish one job a lot quicker, and spend the extra time with friends or family ?
Pareto's law can help you do exactly that !
First of all look at the 'big picture' of your project. What are you trying to achieve and why ? What main benefits do you want ? Make a simple schedule of work. Get started and work as quickly as possible. It could be a report on a new market. It could be a new product specification. Maybe you've got to write a simple piece of software ?
When you've done all you can, stop and take a look. It's good isn't it ? Now leave it there. Yes, I said leave it there. You've achieved about 80% of your target. Yet you've only spent about 20% of the time you'd - continued below ...
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eventually give to that piece of work ! What would you normally do ? More research. Try to add in more bits. Endlessly fine- tune it. Perhaps you'd start again because you decide it's no good ?
Leave it at 80% and start with something else productive. Follow the same procedure with the next task, and then the next task.
If you use Pareto's law your productivity will go through the roof ! Your results will amaze your colleagues … and yourself ! Suddenly people will start saying, "How does he get so much done ? How does she work so efficiently ? I don't understand how he's getting these great results, when I saw him in the park playing with his children yesterday!"
Pareto's law works. Start using it today, and see your productivity soar !
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Do you want to join the world's most successful people ? They're ALL Time Management Experts. Learn classic secrets of Time Management with our mini-series of tips. Click ==> http://www.secretsoftimemanagement.com/parart or email ==> mailto:timetips@digilectual.com?subject=subscribe
** Attention eZine editors / Site owners ** Feel free to reprint this article in its entirety in your ezine or on your site so long as you leave all links in place, do not modify the content and include our resource box as listed above.
If you need additional articles, check out our article archive for fresh, new content you can use on your website or in your eZine - FREE ! At the site, you can also register to be notified whenever a new article is added. http://www.secretsoftimemanagement.com/articles.aspx
If you do use the material please send us a note so we can take a look.. mailto:marketing@digilectual.com
About the Author Neil Stelling is Marketing Manager of DigiLectual Inc. He has an MBA and B.Sc computing qualifications
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The Difference between MLM and illegal Pyramid Selling - frann leach How can I tell a legal Network Marketing business from an illegal Pyramid? Network Marketing — also known as MLM ('multi-level marketing'), relationship marketing and referral marketing, is the 21st century way for entrepreneurs to build a high...
Holiday Action Saves a Sour Shopping Season - Beka Ruse Usually, U.S. retailers earn 20-80% of their entire yearly gross during the holiday season. But this year, things are different. The sluggish US economy has prompted Deloitte Research's Carl Steidtmann to fear "the worst Christmas ever" in the...
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