I finished reading the book and it was useful to revisit the concept of 80:20 or the pareto principle in our own lives.
If you haven’t already heard of the pareto principle, Wikipedia explains to you the background. Pareto found the 20% of the population in Italy owned 80% of the land. It is very similar in income distribution, 20% of the people tend to own 80% of the wealth.
Why is the pareto principle applicable to our lives?
Seeing the World with 80-20 Lenses
I’d like to think that the 80-20 principle is a type of lens that we can use to look at our own lives. In our quest towards financial freedom, what is the 20% of things that we do that lead to the 80% of results. At work, what is the 20% of tasks, activities and priorities that get us the 80% of results ...
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