I had at least twenty books on my table in my room on which I work and study. But mostly, I read two or three of them simultaneously. The rest are to be put in the bookshelf, which, I did not. Although I could not study all of them at the same time no matter how hard I tried. It was the Pareto Principle through which I organized them and got so much benefit from this rule in my work as well as my studies.
You might have heard somewhere in your college about the Pareto Principle in an economics class or statistics. If not here is this simple rule that describes many of our activities in life.
Vilfredo Pareto, an Italian economist, devised a rule called The Pareto Principle, also known as 80/20 rule or the law of the vital few.
What it means is that 80% of the consequences are the results of 20% actions or activities.
Originally, this rule was meant for the distribution of wealth among the population but it has an important role to play in other aspects of life as well. For example, if you work so your focus on the most important 20% of your work will give you 80% of the result.
To put it more simple, by focusing on the 20% important work, we can get 80% of the desired results.
It helps in time management as well. As I mentioned in the beginning about my books I sorted out all of them in my bookshelf and left two books for studying at the same time. And it really worked. I just finish the book in the exact amout of time I want to give it. This I could not do, perhaps, due to information overload or something. And I am here more productive than before. I now focus on the 20% of my work which is important and gives me 80% of the results. And you can do the same by using this formula to sort out what is important and what needs to be done with more care.
So this was a little about the Pareto Rule if you have anything to add I would really appreciate it.
Originally published on my Medium blog.