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How anyone can be more effective with less effort by learning how to identify and leverage the 80/20 principle--the well-known, unpublicized secret that 80 percent of all our results in business and in life stem from a mere 20 percent of our efforts.
The 80/20 principle is one of the great secrets of highly effective people and organizations.
Did you know, for example, that 20 percent of customers account for 80 percent of revenues? That 20 percent of our time accounts for 80 percent of the work we accomplish? The 80/20 Principle shows how we can achieve much more with much less effort, time, and resources, simply by identifying and focusing our efforts on the 20 percent that really counts. Although the 80/20 principle has long influenced today's business world, author Richard Koch reveals how the principle works and shows how we can use it in a systematic and practical way to vastly increase our effectiveness, and improve our careers and our companies.
The unspoken corollary to the 80/20 principle is that little of what we spend our time on actually counts. But by concentrating on those things that do, we can unlock the enormous potential of the magic 20 percent, and transform our effectiveness in our jobs, our careers, our businesses, and our lives....
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A new 21st century individualism is overtaking “corporation-as-king” capitalism, transforming the way we work and live. Today, real power rests in the hands of creative individuals like Bill Gates, Warren Buffett, Oprah Winfrey, and Steven Spielberg, who are changing the world one great idea at a time. In THE 80/20 INDIVIDUAL, Richard Koch reveals the secret of their success: they discovered what they do better than anyone else and rode it for all its worth.
In this inspiring sequel to his classic bestseller THE 80/20 PRINCIPLE, Koch shows how to maximize success in your career and life by using the proven principle that 80 percent of changes in the world result from the most powerful 20 percent of actions and ideas. He’ll show how to use your own powerful “20 percent spike” – your most creative ideas and unique skills – to measure the amount of value you bring to your employer, clients or customers. For most people, there is a huge disparity between their intrinsic value and the compensation they receive for their efforts. THE 80/20 INDIVIDUAL shows how to narrow that gap.
Drawing from his own success as an entrepreneur, as well as from the stories of scores of companies and individuals who have flourished as a result of an 80/20 mind-set, Koch offers a step-by-step method to remodeling a career or existing business, or creating a new one – one that most benefits you. He provides valuable insights on finding 80/20 partners, hiring 80/20 employees, and running an 80/20 business.
By building a team that supports your efforts and excels in areas where you lack experience or knowledge, you’ll be able to focus your time and energy on your strengths. Productivity and profits will soar because you’ll be doing what you do best and enjoy the most. By using the 80/20 strategies outlined in the book, you can take control of your career and financial future....
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For modern adults, life moves on the fast track, moving from one commitment to the next with a single-minded obsession to get ahead. What remains elusive is real happiness. According to Richard Koch and Living the 80/20 Way, happiness flows from doing less, not striving more. True achievement and success can and will come from doing less. With his first mega-seller, The 80/20 Principle, Koch explains a century old economic principle called the Pareto Principle: 80 percent of results come from 20 percent of effort. The 80/20 Individual showed how to apply the 80/20 principle in the workplace. Now, Living the 80/20 Way explains how to improve the key elements of your life and take back your time. Getting more by doing less is possible. Richard Koch and Living the 80/20 Way will show you how to: -Make a good life, not just a living. - Dissociate effort from reward. Focus on the outcomes and find the easiest way to achieve them with the least amount of effort. -Do away with time management and start your own time revolution. - Get rid of your to-do list and create a not-to-do list. By following Koch’s easy steps, you will be able to find your best 20 percent and get to what matters most. Focusing your time on those things that are most important, life acquires a meaning beyond the everyday rat race of work and responsibility. Within the realms of work, money and relationships, Koch shows you how to: 1. Focus on your 80/20 destination – where you want to be 2. Find the 80/20 route – the easiest way there 3. Take 80/20 action – the first key steps Written in easy to follow steps and full of exercises and examples, Living the 80/20 Way will help you to focus your sights on a simple, happy life. By having the courage to go against conventional wisdom, you will get more of what you want in life with less work....
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