51.2 / 0.8

51.2% of results can come from 0.8% of the inputs / effort 🤯

(80/20 of 80/20 is 64/4.

80/20 of that is 51.2/0.8.

And so on.)

The discipline is figuring out what those inputs are. And only doing those.

(Something I’ve ALWAYS struggled with)

Here are a few rules I find help (straight from Richard Koch, author of The 80/20 Principle):

  1. Specialize in a very small niche; develop a core skill
  2. Choose a niche that you enjoy, where you can excel and stand a chance of becoming an acknowledged leader
  3. Realize that knowledge is power
  4. Identify your market and your core customers and serve them best
  5. Identify where 20 percent of effort gives 80 percent of returns
  6. Learn from the best
  7. Become self-employed early in your career
  8. Employ as many net value creators as possible
  9. Use outside contractors for everything but your core skill
  10. Exploit capital leverage”

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