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> Get Articles > Time Management > How to Save 2 Hours Every Day using Pareto's 80-20 Law

How to Save 2 Hours Every Day using Pareto's 80-20 Law


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Neil Stelling
marketing.multimediadigilectual.com

http://www.secretsoftimemanagement.com/articles.aspx
http://www.secretsoftimemanagement.com/parart


Word count: 402

Character width: 60



===========================================================



"How to Save 2 Hours Every Day using Pareto's 80-20 Law"



- by Neil Stelling B.Sc, MBA Marketing Manager,DigiLectual

http://www.secretsoftimemanagement.com/parart



© DigiLectual Inc. 2003



===========================================================



Vilfredo Pareto worked as an economist in 19th Century

Italy. We can still use his theories in today's 21st

Century Internet economy !



His 80-20 law applies to many things, including Time

Management. For example, his law says that 20% of your

customers provide 80% of your revenue. It says 20% of your

time spent on a project gets it 80% towards completion.

80%

of people working in the computer business only do about

20% of the work, and the other 80% is done by the 20% star

workers !



So how does this law apply to time management ? How can

you use it to save 2 hours every day ?



Think about any jobs you must do. Think about any projects

you're working on or about to start. We all want to do the

best possible job. But how about this ? How would you

like to get three jobs done in the same time as one ? How

would you like to finish one job a lot quicker, and spend

the extra time with friends or family ?



Pareto's law can help you do exactly that !



First of all look at the 'big picture' of your project.

What are you trying to achieve and why ? What main

benefits do you want ? Make a simple schedule of work.

Get started and work as quickly as possible. It could be a

report on a new market. It could be a new product

specification. Maybe you've got to write a simple piece of

software ?



When you've done all you can, stop and take a look. It's

good isn't it ? Now leave it there. Yes, I said leave it

there. You've achieved about 80% of your target. Yet

you've only spent about 20% of the time you'd eventually

give to that piece of work ! What would you normally do ?

More research. Try to add in more bits. Endlessly fine-

tune it. Perhaps you'd start again because you decide it's

no good ?



Leave it at 80% and start with something else productive.

Follow the same procedure with the next task, and then the

next task.



If you use Pareto's law your productivity will go through

the roof ! Your results will amaze your colleagues … and

yourself ! Suddenly people will start saying, "How does he

get so much done ? How does she work so efficiently ? I

don't understand how he's getting these great results, when

I saw him in the park playing with his children

yesterday!"



Pareto's law works. Start using it today, and see your

productivity soar !



===========================================================



Do you want to join the world's most successful people ?

They're ALL Time Management Experts. Learn classic secrets

of Time Management with our mini-series of tips. Click

== http://www.secretsoftimemanagement.com/parart or email

== mailto:timetipsdigilectual.com?subject=subscribe





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