Tag Archives: 80

Is the 80/20 Rule Right For You?

Before I delve into the 80/20 rule and whether or not it’s right for you, we need to differentiate between which 80/20 rule we’re talking about. If you’re an economics major or work in the financial field, you’ve no doubt heard of the 80/20 rule otherwise known as Pareto’s Rule. It states that roughly 80% of revenue is generated by 20% of the work. If you Google “80/20 rule” you’ll also see references to the 80/20 rule in marriage, the 80/20 rule in marketing and the 80/20 rule in management. None of that is what we’re talking about here. What we’re talking about here is a discipline level: that of 80% discipline, 20% relaxation… or at least loosened restrictions. Continue reading