Am I wasting too much time on specific tasks?.Do I consider all of my tasks and functions urgent?.You can accomplish this by asking questions like: Related: The 80/20 Rule Is True for What's Holding You Back, TooĮvaluate all of your tasks and assess your goals.Īnother approach is to identify the 20 percent of your tasks that will produce 80 percent of your results. Others that require more effort with little results can be postponed or removed from your to-do list. Those that deliver the greatest results with the least effort are complete first. This gives you the priority ranking you need to more effectively manage time and increase results. Divide the amount of effort by the potential results. With these findings, the next step is to create a new ranking of the items on your to-do list. Label those from one to 10, with 10 having the highest impact. Then, consider the potential positive results from doing those things. Number these items from one to 10, with one requiring the least amount of effort. In order to get the most out the Pareto Principle, which will help you better manage time, start by prioritizing what you need to do based on the amount of effort involved. Instead, your to-do lists should reflect your priorities but also take into account whether the effort necessary is worth doing. Typically, these lists consist of simple items that may not be the most important things you should be doing. With this principle in mind, this might be the time to change how you make your to-do lists. Related: 9 Powerful Ways to Use the Pareto Principle in Marketing Hopefully, that explains what the Pareto Principle is and how it can be used to enhance your time management. For example, as opposed to spending hours fixing a buggy website, repairing a leaky faucet, or handling customer service inquiries - we should have outsourced or delegated these tasks and focus on more important jobs that will help the business grow. Instead, this concept is encouraging you to focus more on the things that matter most, primarily the tasks that help us reach our goals.Ĭonsidering that we entrepreneurs believe that we can do anything on our own, the Pareto Principle is arguably the best time management technique at our disposal. Does this mean that you should work any less? Not necessarily. The idea is that most things are not distributed evenly. Don't worry if the figures don't come out to exactly 80 and 20 percent. In other words, 80 percent of your output should come from 20 percent of your time.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |