Another area that the minimalist mindset applies is in terms of effort. Here is where the 80/20 principle comes into play. Anyone who is unfamiliar with this idea is missing one of the keys to life. In its simplest form, the 80/20 rule mandates that 80% of our results comes from 20% of our efforts. Of course, this principle can be expanded to all areas of life.
80/20-Focus
Focus is one of the things we must learn how to control. The 80/20 rule offers us an outline of where we need to place our attention. Consider this depth of this idea for a moment. 80% of the results come from 20% of our actions. By definition, that means that only 80% of our actions net us 20% of our outcomes. Therefore, we want to concentrate our minds upon the things that get us the most benefit.
In other words, we are seeking to maximize our return. In business, according to this rule, 80% of the profits will come from 20% of our customer base. Thus, we want to cater our efforts to this part of our customer list. The same is true in our relationships. 20% of our efforts will garner the most impact with our loved ones. 80% of all that we do has minimal impact.
As you can see, this concept holds up in all circumstances. What about you clothing? Do you find that you wear the same items regularly while some articles are only pulled our once or twice a year? If you are like most people who follow this principle, that is the fact. Therefore, we might be able to eliminate 80% of our wardrobe with minimal impact.
Focus is one of the things we must learn how to control. The 80/20 rule offers us an outline of where we need to place our attention. Consider this depth of this idea for a moment. 80% of the results come from 20% of our actions. By definition, that means that only 80% of our actions net us 20% of our outcomes. Therefore, we want to concentrate our minds upon the things that get us the most benefit.
In other words, we are seeking to maximize our return. In business, according to this rule, 80% of the profits will come from 20% of our customer base. Thus, we want to cater our efforts to this part of our customer list. The same is true in our relationships. 20% of our efforts will garner the most impact with our loved ones. 80% of all that we do has minimal impact.
As you can see, this concept holds up in all circumstances. What about you clothing? Do you find that you wear the same items regularly while some articles are only pulled our once or twice a year? If you are like most people who follow this principle, that is the fact. Therefore, we might be able to eliminate 80% of our wardrobe with minimal impact.
Time Management
Time management is a crucial skill we all need to hone. The truth is that time is the recourse each person is allocated equally. No matter what you status in life, we all get 24 hours a day. That does not change regardless of who you are. Donald Trump, with his billions, get the same number of minutes as the homeless person. The difference is what each of us does with the time.
The 80/20 rule enables us to focus upon those activities which have the greatest payoff. Eliminating all the 'busy work' helps us to forge a more profitable life. Those who seek freedom need to take control of his/her time so as to maximize the efforts. Most people wake up each day to go to a job they despise so as to pay their bills. The financial slavery most operate under as a result of their spending means they do not have choice of how to allocate their time.
What makes this matter even worse is that most waste many of their hours at work on senseless activities. This is done in an effort to appease the boss and protect one's place within the organization. No sane manager would fire anyone who is continually busy. The truth is that 80% of the actions could be immediately eliminated without much consequence to the company. Nevertheless, we will never see this happen in the corporate world.
As a seeker of freedom, you can approach things in a different way. Knowing and applying this principle frees you to pursue matters how you see fit. What is most important to you in life? Answer this question and spend the majority of your time in pursuit of this. That is the key to fulfillment. The highly successful know this principle intimately.
Time management is a crucial skill we all need to hone. The truth is that time is the recourse each person is allocated equally. No matter what you status in life, we all get 24 hours a day. That does not change regardless of who you are. Donald Trump, with his billions, get the same number of minutes as the homeless person. The difference is what each of us does with the time.
The 80/20 rule enables us to focus upon those activities which have the greatest payoff. Eliminating all the 'busy work' helps us to forge a more profitable life. Those who seek freedom need to take control of his/her time so as to maximize the efforts. Most people wake up each day to go to a job they despise so as to pay their bills. The financial slavery most operate under as a result of their spending means they do not have choice of how to allocate their time.
What makes this matter even worse is that most waste many of their hours at work on senseless activities. This is done in an effort to appease the boss and protect one's place within the organization. No sane manager would fire anyone who is continually busy. The truth is that 80% of the actions could be immediately eliminated without much consequence to the company. Nevertheless, we will never see this happen in the corporate world.
As a seeker of freedom, you can approach things in a different way. Knowing and applying this principle frees you to pursue matters how you see fit. What is most important to you in life? Answer this question and spend the majority of your time in pursuit of this. That is the key to fulfillment. The highly successful know this principle intimately.
Waste
It is a startling revelation to learn that 80% of our efforts are basically wasted. The key to the minimalist mindset is to eliminate all waste in one's life. Excess is a part of all of our lives. Reducing our lives to the minimal means we are free to concentrate the important things. Plus, we have a greater incentive to appreciate that which remains.
Consumerism is the archenemy of freedom. We all have spent money (another valuable resource) on things that weren't essential. After the purchase, we place the item in a closet only to uncover it when we go through the declutter process. In short, we wasted money and closet space on something that need not be purchased in the first place.
If we carry this concept in all we do, we can see how our efforts are instantly empowered. Freedom is achieved by shedding the excess and only engaging in that which is important. The 20% is where our success and happiness lies. Spending the majority of our time on these tasks streamlines our lives. We enjoy greater fulfillment, more success, and increased happiness while reducing the effort spent to get there. This is the power of the 80/20 rule.
Apply this concept to every area of your life. Here we see minimalism in effort net physical results.
It is a startling revelation to learn that 80% of our efforts are basically wasted. The key to the minimalist mindset is to eliminate all waste in one's life. Excess is a part of all of our lives. Reducing our lives to the minimal means we are free to concentrate the important things. Plus, we have a greater incentive to appreciate that which remains.
Consumerism is the archenemy of freedom. We all have spent money (another valuable resource) on things that weren't essential. After the purchase, we place the item in a closet only to uncover it when we go through the declutter process. In short, we wasted money and closet space on something that need not be purchased in the first place.
If we carry this concept in all we do, we can see how our efforts are instantly empowered. Freedom is achieved by shedding the excess and only engaging in that which is important. The 20% is where our success and happiness lies. Spending the majority of our time on these tasks streamlines our lives. We enjoy greater fulfillment, more success, and increased happiness while reducing the effort spent to get there. This is the power of the 80/20 rule.
Apply this concept to every area of your life. Here we see minimalism in effort net physical results.
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