4 Feb 2019

What is 80/20 Principle and how It can be used


What is 80/20 Principle and how It can be used

"80% of Effects is results of just 20% of Causes"

Discovery of the law of vital few


Once A  economist and philosopher Vilfredo Federico Damaso Pareto, born in Italy in 1848
Noticed an amazing trait about the environment we live in ,he noticed this intresting phenomenon called 80/20 rule from observing his pea plants in his garden ,he found that "only 20% pea plants produced 80% of healthy pea pods".
       It seems unusual to him and he decided to practice more data ,and found more intresting things like:


  • In all over Italy 20% of population owns 80% of lands


  • 20% of your home is the place where you spend 80% of your time

  • 20% of customers generates 80% of revenue
  • 20% of bugs causes 80% of crashe's

  • 20% of drivers causes 80% of accidents

  • 20% of your whole wardrobe is used 80% of whole times


These golden ratio applied in almost everything we do and we face .

And he concluded that:

"80% of the Results comes from 20% of your Actions"

       And more further research proved that its applicable in almost every case ,now this technique is used by many entrepreneurs  to utilize their hard work and maximize their result from minimum hard work.
   

How A student can use it?


If we apply this law on syllabus we can assume that just 20% of syllabus is really really important and rest 80% supports it.
       If you will collect last 10 years paper you will notice that 80% of question comes from 20% of topics ,
       So, if you can find these most important topic you can maximize your result by utilizing your efforts based on importance of the topics.
        Also experts suggest to first master the most important chapters and complete rest of syllabus once or twice.


How to use it to achieve your goal?


Take a paper and write down all the things you wants to do, and choose one most important thing you need to do ,after that choose second most important thing you need to do .
       Finish these two most important task first then repeat this on remaining tasks .ultimately you will end up doing all the important tasks without going distracted.
   

Written by -Aakash deep gupta

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