The Parato’s Principle specifies that "80% of consequences come from 20% of the causes, asserting an unequal relationship between inputs and outputs."
Vilfrado Parato was a gardener from Italy who noticed that 80% of the country's wealth was controlled by the top 20%. He called them "the vital few." He also noticed in his pea garden, that only 20% of his peas pods was producing 80% of the peas he was harvesting.
How can we apply this to our lives to increase our happiness our wealth, health and more? How can we make sure we are spending 20% to generate 80% rather than spend 80% to generate 20%? It is important to note that busy and productive are not the same thing. Busy doesn’t mean you are actually producing results. Below are ways we can apply this principle to our lives everyday.
Eating: We should eat 80% for nutrition and 20% for entertainment. It is important to eat for pleasure as well as nutrition so we don't end up binging because we have starved ourselves from the pleasure we get from food.
Happiness: Invest more time in the 20% of people that bring more smiles to our face, more joy to our heart, versus those who drain you.
Time: time is your most valuable resource, asset and possession. How you invest your time is at the uttermost of increasing your success in life. Don’t spend time on things that don’t produce anything return.
Productivity: Prioritize! Make a list of what you have to do and what you want to accomplish. What is most important? What is going to bring me the biggest return?
Money: Invest your money into things that will generate more income for you and your organization.
Make calculated steps to increase your health, wealth and happiness by applying the 80/20 rule. Invest your time and energy into those things and people who make your life 1% easier and make you 1% better.
Food For Thought: Brought to you by William Shakespeare.
“Can one desire too much of a good thing?”