Living the 80/20 Way

Can you spell S-U-C-C-E-S-S. If so holler as loud as you can!! Living the 80/20 Way is a book written by Richard Koch and it is truly a wonderful book for the like-minded entrepreneur or any average individual looking to absorb the most of life.

I truly feel that after reading this book, with lots and lots of effort any like-minded individual can turn their life around.  A lot of us worry about making more money, achieving more success, and gaining more fame and feel that the route to such factors is to do more when this isn’t the case! Allow me to summarize the book in the form of bullet points.

  • 20% of our efforts leads to 80% of the results. Albert Einstein, Steve Jobs, Warren Buffett, & Michael Jordan are all examples of people who took the 80/20 route with extraordinary success. The point is that less is more. By focusing on only the things you love or are passionate about, you can get extraordinary results as well
  • Take the 80/20 route in managing money, achieving success, relationships, and personal pleasures, etc.
  • 20% of customers are what lead to 80% of sales for any business
  • Decrease the clutter as much as possible, this includes buying only the furniture, utensils you need, downloading only the iPhone and iPad apps that you need, buying only the clothes that add meaning to your personality, and only participating in activities or hobbies you adore
  • Thinking and concentrating about only things that matter and add zest to your life
  • Figuring out what your happiness islands and achievement islands are, and camping out on these islands
  • Determining what your 80/20 destinations are, and taking the 80/20 route to get there
  • Less is more, less is more, less is more!!, Not more with more, LESS IS MORE!!

Need I say more, I may reference this blog entry or the concept in my future blogs, as this should be the path to success in any department of your life, not just working and making a difference in this world. Because the truth is that it is your inner peace, happiness, key relationships, who you’re with, type of friends circle, intertwined with passion of course that propel you to success aside from just working hard.

Working long hours is not for everyone and if you’re someone who realizes that working long hours is expending energy, CUT IT!!

If you are an advocate of the following statement: “Ultimately, we must all have 80/20 Vision!!!, not 20/20 Vision”, then please like this blog.  And if you have not read the above book, once again the title of the book is “Living the 80/20 Way” by Richard Kotz, then I highly suggest that you read it!

What’s your 80/20 destination? Feel free to leave a comment below explaining it. I’d love to hear from you all!!

Advertisements

Following your passion is the best medicine ;)

This is advice that I actually churned out on my own. What can I say, I have a knack for words. And this piece of wisdom does carry a lot of weight and common sense if you observe closely. A lot of us get into that 9 – 5 routine not willing to plunge into risks which could be what we’re truly passionate about. Some of us are just wired that way like me for instance. I cannot accomplish a task unless I’m truly passionate about it or it’s mandated to be done. When we engage in jobs or activities we are not passionate about, they become nothing but energy drainers. Well I say that we figure out what these energy drainers are and flush them down the toilet because if you’re interested in achieving success in life whether it’s in your professional life or personal life, then you need to participate in activities that bring out your natural abilities.

I worked as a fundraiser and as a timeshare salesman for several years and a one crucial lesson I learned was you must be passionate about what you are selling or what you are trying to raise funds for. Both activities constitute a business activity and whenever you engage in a business activity you must be passionate about it considering all of those long hours you will have to put in maintaining and growing your business. The other lesson that I learned was persistence. Sales is the lifeblood of any business so if you want an intact business at the end of the day you will have to be persistent in generating as much sales as possible!

Going back to the topic of passion. I feel that you must constantly speculate  your passion, figuring out what makes you truly happy or truly tick, and go after it with all you’re muscle. Passion is what keeps us going in this world. What’s your passion?