One of Ferriss's more heretical pieces of advice is based on what he calls the 80/20 rule. Eighty percent of your productivity comes from 20 percent of your efforts, and likewise, 80 percent of your wasted time comes from 20 percent of the possible causes. So eliminate the 20-percent time wasters, and spend as much energy as possible on the productive 20 percent. Ferriss's favorite example of acting on this phenomenon comes from his BrainQuicken days, when he realized two customers were the source of nearly all of his work stress, and the effect was carrying over into his personal life. He read those customers the riot act. One reformed. The other Ferriss fired. Immediately, he had more time for his healthier business relationships, and his bottom line grew.
Read the rest of the Inc. article here.
3 comments:
I had a boss who did something similar. He fired the 20% and enjoyed his work much more as a consequence.
My problem is that the thing that waste's 80% of my time is also the thing that makes me most productive.
See, I'm doing it now.
Dan,
I can believe that.
Larry,
Thanks for laugh!
Michael
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