Achieve more with less - Pinoy Success Secrets

Insights from the 80/20 Principle by Richard Koch

“About a fifth of your time is likely to give you four‐fifths of your achievement or results and four‐fifths of your happiness.”
– Richard Koch

The majority of individuals are too busy to stop and think about the 20% of their time that produces 80% of their enjoyment and outcomes.

However, if you can train yourself to take a moment to reflect on the 20% of your time and activities that account for 80% of your happiness and success, you can double the amount of time you spend on those activities and achieve 160% of the happiness and success you currently experience.

IDENTIFY YOUR 20%

A 20% activity is one in which you obtain more energy from it than you put into it. Let’s search your past, present, and future for experiences that result in a net increase in energy bearing this attribute in mind. Create three columns on a piece of blank paper with the headings “Past,” “Present,” and “Future.”

Write down everything that comes to mind when you reflect on the past in the “Past” column, including:

Projects you’re proud of. You increase your overall sense of accomplishment and fulfillment when you put time and effort into challenging but worthwhile projects, such as the prior accomplishments you’re proud of.
People you’ve learned the most from. Out of all the podcasts I’ve listened to, The Positivi-Tea and Personal Branding Through Strengths account for about 80% of my discoveries.
People you’ve enjoyed talking to. You might think of a college acquaintance that you used to chat to all the time but with whom you’ve lost touch. Making the effort to rekindle that friendship and continue those insightful chats can bring you immense delight.
Enduring interests. Since I’ve loved reading business and personal development books since I was a teen, I figured it would be a wise decision to devote my time and energy to creating a Niche blog site centered around that interest.
Things you enjoyed more and were better at than you expected. Giving more presentations at work could be quite beneficial if you enjoyed your public speaking lesson and performed better than 80% of your peers.

Write down whatever that comes to mind when you think of: in the “Present” column.

Work that sustains you. What activities do you find difficult to end once you get going? Which tasks do you most eagerly anticipate returning to tomorrow?
People you enjoy being around most. Who do you respect, believe in, and share many values with?
Exercises you regularly do. Which workout leaves you feeling the best?
Food you regularly eat. Which of the things you eat do you appreciate and leave you feeling well after?

Write down whatever that comes to mind when you think of the following in the “Future” column:

Events you’re most looking forward to. This could be a night of games with friends, a nearby hobby competition, a conference, a sporting event, or time off work the next month to focus on a passion project. After each event, assess if it met your expectations or not. Reproducing above-average occurrences is a certain strategy to add 20% more activities to your life.

DOUBLE YOUR 20%

Now that you have a list of your 20% activities, spend twice as much time on them in order to achieve 160% of the success and satisfaction you already enjoy by taking time away from your 80% activities.

The reward for a task that you spend 80% of your effort into is lower. You can find a lot of 80% activities in two different activity categories:

Requests from others (reward + effort):

Say “Sorry, I need to make time for [insert a 20% activity]” or agree to help in a different way that significantly reduces the amount of time you can contribute when someone asks you to attend an event or meeting, you’re not looking forward to or needs help with something you’re not thrilled about doing, like moving, finishing a project, or volunteering for a cause you don’t care about.

Things that would be simple for others to accomplish for you (reward + effort):

Consider whether 80% of the work you have to do at home or at work could be done more quickly and affordably by someone else. “Almost any routine task you perform can be outsourced, including housekeeping, lawn care, document editing, data entry, creating meeting minutes, conducting research, grocery shopping, etc.

If you’re hesitant to give anything to someone else because you think it will be too expensive or they might mess it up, keep in mind that any time you free up will be worth four times as much because you’ll be using it on 20% of your activities.

And you don’t have to delegate a full assignment; just the crucial 20% (areas that call for your judgment) can be delegated.

Download this FREE E-book about the 80/20 Principle.

Author: The Pinoy Engineer

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