First of all, the 80/20 rule is not about economics or maths (even though it may sound like it), so let's get that straight from the start! However, this rule does apply to your life (and everyone else's life) so it's very important that you are aware of it and can start manipulating it for your own benefit (in the way you study or in any other field you choose).
The 80/20 rule tells us that 80% of what we achieve in life is a direct result of only 20% of all the actions we take. Now the ratio may not be exactly 80/20 - it may even be 99/1 - but the rule makes it clear that a small number of our actions are actually having a big impact.
This rule applies to more than just our "actions"; it actually applies to everything (according to Pareto). So let's have a look at some very straightforward examples to help demonstrate this. I'm willing to bet that you spend 80% or more of your social time with 20% or less of the people you know (friends, family, acquaintances). What about 80% or more of the time you spend online is on 20% or less of all the websites you've ever visited? What about 80% or more of the phone calls you make are to 20% or less of all the contacts in your phone? Seriously, you can apply it to anything.
Given that 80% of what we achieve is a direct result of 20% of the actions we take, the first point to take away today is that in order to have the most impact you must focus on the 20% that is impacting your 80% - and then disregard the rest. That's right, find your 20% and then forget everything else.
Why? Well there is obviously no point focusing on the 80% of activities that is impacting only 20% of your results. That wouldn't make sense would it? That's totally backwards! Instead, you must address all the small areas that have the biggest impact and will maximize your performance. Do what counts. Don't worry about everything, just focus on those things that create the biggest results for you. So, what are the things that create the biggest results I hear you ask?
You're probably wondering what your 20% areas are? You probably want to know which small areas you can change that will totally transform your results? The trick is that it could be many areas - each person is different. While we can't cover them all, let's look at three areas that impact all students because there is a good chance one or all will apply to you.
The biggest 20% area that undoubtedly creates and influences your outcomes are your habits. With poor habits come poor results. There is no doubt about it. You may not even realize it but your habits are impacting you right now. Change your habits and you will change your outcomes.
The next most cited problem is motivation levels. With a lack of motivation comes a lack of action. So if you can't find a way to feel motivated it will have a significantly negative impact on your results. We all know how much we get done when we have no motivation - nothing! So again we can see that one small area (motivation) is greatly impacting on a big area (your results).
The next area is memory recall. If you can't remember data and information very well then unfortunately you are going to struggle to get top marks. Tests and exams become far less daunting when you have honed your memory recall ability - and they are terrifying when you haven't! You must be able to recall mountains of information in order to be successful because education tests memory as much as it tests knowledge. You would think they would have a subject called "memory" given how much focus there is on your memory recall ability! So again, we can see that a small area (your 20%) is impacting a huge part of your outcomes (your 80%).
There is no doubt that there are many areas that impact your results. But you will definitely have a few items (say 2-3) that are causing the most impact. Have you been able to identify your 20% areas? Identify those things that are having the biggest impact on you and get to work on them. If you work hard on those things that have maximum result and your grades will absolutely skyrocket. Good luck!
The 80/20 rule tells us that 80% of what we achieve in life is a direct result of only 20% of all the actions we take. Now the ratio may not be exactly 80/20 - it may even be 99/1 - but the rule makes it clear that a small number of our actions are actually having a big impact.
This rule applies to more than just our "actions"; it actually applies to everything (according to Pareto). So let's have a look at some very straightforward examples to help demonstrate this. I'm willing to bet that you spend 80% or more of your social time with 20% or less of the people you know (friends, family, acquaintances). What about 80% or more of the time you spend online is on 20% or less of all the websites you've ever visited? What about 80% or more of the phone calls you make are to 20% or less of all the contacts in your phone? Seriously, you can apply it to anything.
Given that 80% of what we achieve is a direct result of 20% of the actions we take, the first point to take away today is that in order to have the most impact you must focus on the 20% that is impacting your 80% - and then disregard the rest. That's right, find your 20% and then forget everything else.
Why? Well there is obviously no point focusing on the 80% of activities that is impacting only 20% of your results. That wouldn't make sense would it? That's totally backwards! Instead, you must address all the small areas that have the biggest impact and will maximize your performance. Do what counts. Don't worry about everything, just focus on those things that create the biggest results for you. So, what are the things that create the biggest results I hear you ask?
You're probably wondering what your 20% areas are? You probably want to know which small areas you can change that will totally transform your results? The trick is that it could be many areas - each person is different. While we can't cover them all, let's look at three areas that impact all students because there is a good chance one or all will apply to you.
The biggest 20% area that undoubtedly creates and influences your outcomes are your habits. With poor habits come poor results. There is no doubt about it. You may not even realize it but your habits are impacting you right now. Change your habits and you will change your outcomes.
The next most cited problem is motivation levels. With a lack of motivation comes a lack of action. So if you can't find a way to feel motivated it will have a significantly negative impact on your results. We all know how much we get done when we have no motivation - nothing! So again we can see that one small area (motivation) is greatly impacting on a big area (your results).
The next area is memory recall. If you can't remember data and information very well then unfortunately you are going to struggle to get top marks. Tests and exams become far less daunting when you have honed your memory recall ability - and they are terrifying when you haven't! You must be able to recall mountains of information in order to be successful because education tests memory as much as it tests knowledge. You would think they would have a subject called "memory" given how much focus there is on your memory recall ability! So again, we can see that a small area (your 20%) is impacting a huge part of your outcomes (your 80%).
There is no doubt that there are many areas that impact your results. But you will definitely have a few items (say 2-3) that are causing the most impact. Have you been able to identify your 20% areas? Identify those things that are having the biggest impact on you and get to work on them. If you work hard on those things that have maximum result and your grades will absolutely skyrocket. Good luck!
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