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Tip: The 80/20 Rules |
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Have you ever heard of the 80/20 Rule? It is also
known as the Pareto Principle or the Rule
of the Vital Few and it states that there is an
imbalance between causes and results, between effort
and reward. The world is not equal where effort and
reward are related. The Pareto Principle basically
says:
- The majority of what you do each day (80%)
has little impact.
- A minority (20%) has a major impact.
Here are some 80/20 rules and what you might want
to do once you are aware of them:
- 80% of your profit is brought in by
20% of your clients. Realize all clients
are NOT equal. It is sometimes necessary to
"fire" clients when they consume too much of
your time for the percentage of your earnings
that they represent.
- 80% of your work can be done in 20% of
your work day when you are focused and
uninterrupted. Block off 20% (96
minutes) of an 8-hour workday to concentrate on
your priority projects. What tasks will have the
most impact for you or will contribute to
reaching your goals?
- 80% of interruptions can be
eliminated. The other 20% can be shortened or
controlled. Practice grouping similar
activities, such as phone calls, email, and
filing, so that you do not bounce from one kind
of action to another type where you interrupt
yourself. Create "Discuss With" folders for
others in your main group to limit the number of
times you interrupt others and they interrupt
you. Watch for the "gotta minute" requests;
suggest planning some real time to discuss.
- 80% of what you keep is not looked at
again - you only return to 20%. Be
selective in what you choose to keep. Ask
yourself: Is it current? Does it pertain to my
sphere of work? Does it have any legal or
financial implications? Will I ever use this
again?
- 80% of the time you wear the same 20%
of your clothes. Declutter not just your
closet but all of the spaces around you. Clutter
is distracting because it diffuses your focus,
time consuming if you have to hunt for an item,
and stressful when you are coping with too much.
If you often feel overwhelmed by conflicting
demands or the number of tasks facing you, look for
the 20% that will make the difference. This puts you
in control of your life, both for business and
personal endeavors.
Thank you to my friend
Denise Landers of Key Organization in Houston,
TX for allowing me share these ideas with you. For
more of her great time management ideas, go to
www.keyorganization.com.
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About The Speed Reading Online Course |
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I have been working for the past five months on
developing an online speed reading course
called Rev it Up Reading: Getting Up To Speed
With What You Read. It is almost ready to
be released and I anticipate its availability to the
general internet public in just a few weeks!
The online course is 3 hours in length,
though you are encouraged to do it in three, one
hour intervals on different days to give you time to
absorb the content. It includes a copy of my eBook -
10 Days to Faster Reading - and provides the option
of doing the timed readings on paper OR on-screen.
Learners will be able to email me questions, if they
have them, so you have learning support if you need
it. I narrate the entire course and believe it will
be a powerful learning experience for those that go
through it. I'll be sending out notice when it is
available for purchase.
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See Abby on YouTube!
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To start spreading the word about my new online
speed reading course (available very soon!) called
Rev It Up Reading: Getting Up To Speed With What
You Read, I thought recording a short video for
YouTube would be a good idea. Tell me what you
think!
See Abby's Video Intro to NEW Online Course
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