We all Know what the 80/20 principle is. But most of us don’t know that this principle fails in several instances. Let us know this in detail in this episode.
Hi friends and welcome to Life Lessons
In the long journey of Life Lessons Aj, there have been many lessons that we have come across. One of the prominent and important theories that we came across is the 80/20 Pareto Principle. In nutshell, this principle states that 20% of all the works we tend to do gives 80% of results. Thus one should strive to search for that selected 20 % of tasks that would give us maximum results and make life efficient. Check out the 80/20 principle episode in Life Lessons Aj here if you have not gone through it.
One may wonder why such a wonderful theory would fail in cases. But this is true. This theory fails and some evident examples give the conclusion to the same. Let us look in detail about the same in the following lines.
Also, Check Out Here is How You Can Overcome Impatience
The story of Aufrey Hepburn
Audrey Hepburn is one of those few star actresses in the 1950s. She gathered a lot of fame and money in her career or best performances. Not only this, even today is she one of those few people (15 in number) who backed all the prestigious awards for her performances: Emmy, Grammy, Oscar, and Tony (EGOT).
She had a good life in her acting career. She acted in quite a good number of movies till 1967. IN 1967, she changed her mind. She decided to move away from movies. She joined UNICEF and began to serve the children in war-torn countries. She served as a volunteer for almost 25 years.
Now from this short story, one may question what is wrong with her decisions? There is no reasonable loss for anyone. But there is a lot of change in efficiency in her life. No doubt she made her life effective as per her wish but it was not effective.
Let us just imagine her life in another way. In case she continued in movies after 1967, she could have earned a lot more money which she can donate to serve a large number of children across the world.
Also, Check Out Why is Living Difficult in the Modern world
The Story of Jeff Bezos
Jeff Bezos the founder of Amazon once worked as the vice-president f Hedge Fund before he left it in 1994 to start Amazon. In case he wouldn’t dare to accept the stressful option of starting Amazon, he would have never created such a profitable business. If he started to apply the 80/20 principle to find what are the 20% tasks that would give him efficiency, he would have never created Amazon.
Also, Check out Second Wave (COVID) and its Probable Solution
The Downside of the 20/80 principle
The chronicles have clearly stated the downside of the 80/20 principle. These showed that a new path will never look effective option at the beginning and for sure these tasks would fall under the 80% of tasks we are gone reject. But these ideas have turned magical in the coming time.
Also, Check Out Khaliyuga in 4 Sentences By God
What are the conclusions?
Here we can get a clear idea and a better perception of the 80/20 principle. One should always look for the 20% tasks that would give 80% of the results. But one should never neglect the rest of tasks and moreover if one believes in that tasks that may give results magical in the future, then he (she) should go for it no matter if it sounds non-effective in the beginning. This perception can actually make us more efficient simultaneously effective.
Also, Check Out 10 Reasons for Impatience in a person
Bottom line
The summary of the episode is clear. The main motto is to understand and percept the right idea of the 80/20 principle: where and how to implement it for a better life we wanted. I hope this made the path clearer.
Hope you like this Episode.
Check out my site for more such interesting episodes.
Please don’t forget
to subscribe. Please comment on your views and similar instances in your life,
and don’t forget to share this with your friends, family, and contacts.
Don’t forget to subscribe to my site through the subscribe option provided.
👌👍
ReplyDeleteNice
ReplyDelete