The 80/20 Rule can save massive amounts of time and energy when properly understood and applied. As with many observations described as rules, failing to understanding the operating principles underlying the 80/20 Rule leads can lead to some pretty academic debates about its veracity, which ultimately leads inaction.
Repopularized in Tim Ferriss’ The 4-Hour Workweek, the 80/20 Rule is a shorthand term for a series of observations made by an Italian political economist in the 19th Century, Vilfredo Pareto (hence the other name for the 80/20 Rule, the “Pareto Principle”). He noted that 20% of Italy’s population owned 80% of its wealth. He saw this reciprocal distribution play out in other domains: 20% of all of the pea pods sown in the ground produced 80% of the peas, for instance. But just how universal is the 80/20 Rule, and can you apply it in your work and life? Keep Reading…
I met my friend, Melody Abella, over ten years ago when we worked in the marketing department of a dot com near Washington, D.C. It was a good job. Great benefits. Couldn’t complain, except I could’ve cared less—about the company, my work or where my career was going. Don’t get me wrong. I performed my job duties, got a couple big promotions, bonuses and pay hikes. Parents were proud and relieved.
Every day I dragged myself into the office, I was playing the role of someone who cared. They could’ve tripled my salary and the sentiment would have been the same. Melody and I both had the benefits of education and lucrative employment, but our passions weren’t stoked by corporate power or ladder-climbing.
Sometimes I’d look around the office and wonder if everyone was as “into it” as they appeared. Even my boss, who is a fantastic writer, would talk about her book ideas that were going on paper once the kids graduated college (the boys were in grammar school). Melody began practicing yoga in college and the love affair continued into her corporate years.
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A good friend told me that within the last couple of weeks the most depressing day of the year pops up. Some say it falls on the Monday, some say it falls on a specific day; the bottom line is that it falls somewhere in there. So if you’re feeling a little low around that time, now you know why.
But I’ve said it before and I’m sure I’ll say it again: it doesn’t have to be that way.
Some say the reason that this time of year leads to a lack of fulfillment is because many have let their resolutions that they made only a few weeks before fall by the wayside. The dull weather plays a part, too. Oh, and let’s not forget the post-holiday credit card bills that fill your mailbox….and empty your wallet.
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