However, outsized efforts are not necessarily the key to this success. “You might get much better value and happiness out of a simpler and cheaper lifestyle.” – Richard Koch 트윗하려면 클릭 StoryShot #3: Your Success Depends on Being Able to Find and Stick to Your StrengthsĮverybody has the potential to achieve something significant in their lives. The most effective way of doing this is by recognizing the factors that cause happiness and making decisions accordingly. However, we can heavily expand these peaks by seeking more happiness. Instead, spend your happiness and actively seek it today to reap benefits tomorrow.Ĩ0% of our achievements and happiness occur in 20% of our time. This is how you can build compound interest in happiness. Adopters of 80/20 happiness understand what creates happiness and actively pursue happiness generators. Your ability to generate happiness follows the same principle. If you do not exercise regularly, your muscles will gradually get weaker. You cannot save today’s happiness to spend tomorrow. You can save and invest money, and it will multiply through compound interest. Money has the potential for compound interest. However, money and happiness get spent and saved in very different ways. Society equates happiness with having and spending money.
“Not only is happiness not money, it is not even like money.” – Richard Koch 트윗하려면 클릭 But those decisions are transformational and exponential to success. Examine nonlinear relationships that others neglect. Scientists and historians eschew linear thinking. However, this thinking has limited benefits and is not conducive to conceiving radical ideas that change the world. We fall back on linear models, as they are simple. Linear models can be inaccurate and destructive. The Nonlinear Nature of 80/20 ThinkingĬonventional thinking uses a linear mental model. In areas where ‘traditional’ practices are wrong, try to do things differently based on unconventional wisdom. You can challenge ideas and discover where conventional wisdom is wrong. 80/20 Thinking Is UnconventionalĨ0/20 thinking is about taking non-standard approaches to solving a problem.
This approach will foster impressive results while requiring less energy and resources. Once you have narrowed down your potential options, you can chart your action plan.
Don’t take action until you have effectively reflected on your thoughts and insights. This type of thinking neglects the preciousness of quiet contemplation. The modern way of thinking emphasizes rushed action instead of reflection. Instead, 80/20 thinking is best adopted and practiced in a relaxed and confident manner. However, this approach should not descend into arrogance. To think in this way, adopt an extreme form of ambition to want to change everything for the better. Practitioners of this principle are reflective, unconventional, hedonistic, strategic, and nonlinear. StoryShot #1: 80/20 Thinking Emphasizes Self-Reflection and Thought Before Action Spotting the Important FeaturesĨ0/20 thinking is the art of spotting the most important facets of our environment and circumstances. Consulting, with Jim Lawrence and Iain Evans. After his consulting career, he started a management consulting firm, L.E.K. Previously, he was a consultant at Boston Consulting Group and later a partner at Bain and Company. Richard’s investments include Filofax, Plymouth Gin, the Great Little Trading Company, and Betfair. He is also a writer of several books on applying the Pareto principle (80/20 rule) in all walks of life. Richard Koch is an entrepreneur and former management consultant. Read it and use it” – Tim Ferriss, author of 주 4시간 근무제 About Richard Koch “This book explores the nonlinear world, discusses the mathematical and historical support for the 80/20 Principle, and offers practical applications of the same. Join us to learn the key insights of The 80/20 Principle and don’t forget to let us know what resonated with you the most by tagging us on social media. We can only explain the principle by positing some deeper meaning or cause that lurks behind it.” – Richard Koch 트윗하려면 클릭Ĩ0/20 원칙 places a strong emphasis on the importance of prioritization in achieving peak results. “Probability theory tells us that it is virtually impossible for all the applications of the 80/20 Principle to occur randomly, as a freak of chance.
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