this is going to be an animated book
review of the eighty twenty principle by
Richard Koch but I'm also going to
discuss another concept and a t20
principal basically says that the
majority of the effects from the
minority of the causes which is saying
that 80% of the output is caused by 20%
of the input on few examples 20 percent
of the carpet only gets eighty percent
of the where eighty percent of the
profit that is made comes from 20% of
the customers eighty percent of the
complaints is given by 20% of the
customers eighty percent of the work
that is done is done by 20% of the team
eighty percent of the customers only
used 20 percent of the software features
eighty percent of the world's wealth is
held by the top twenty percent of people
and it works the other way around to 20%
of clothes are worn eighty percent of
the time
20% of the tools that you have are used
for eighty percent of your tasks 20% of
the beer drinkers drink eighty percent
of all the beer in the world and you
need to focus on the larger concept that
the majority of the effects that are
produced are produced with just a little
bit of work in other words there's going
to be a lot of stuff that you can get
rid of that is not going to make that
large of an impact
Parkinson's Law and Parkinson's Law says
that whatever time is allotted for a
task to get done it will get done in in
college there was a a paper and it was
doing and I believe it was five hours
and I had a lot of friends who would say
they had two weeks to do it but they
would wait until the last day to work on
it and they would spend the whole day 5
hours working on this essay and I on the
other hand which they are in this is due
in two weeks but I'm going to finish it
today I'm going to turn their districts
throughout this whole two weeks have
been worrying about whether or not they
can get it done and I'm gonna turn into
my uterus and I really like the idea of
I just got this paper done and I have a
week and a half to do whatever I want I
turned districts into the good kind of
stress
you stress which comes from the base
word euphoria which is basically what I
thought when I had those we gonna have
to do whatever it is that whatever time
we give a task to be completed we will
get it done if we say oh we need to mow
the yard and it's going to take three
days then we will mow the yard in three
days and that is an extreme example but
it covers the topic at the larger time
frame would give on it's going to seem
like a more important task so we're not
going to focus on it as much we're going
to think that we have more time to do it
and that we can work on it later so it's
never going to get done at least in the
amount of time that we wanted to get
done another my new example is that the
wardrobe will expand to allow however
much available storage it has which is
basically saying if you need to put more
clothes and you're gonna find a way to
put more closing just like what they're
writing a paper example if you need to
write this paper and five hours you're
going to find a way to write a paper in
five hours and may not be a hundred
percent paper but you will find a way to
get a written and we can apply this to
our life by let's say that we have a
task that needs to be done in an hour we
can say hey I might try to do in 20
minutes and someone went so far as to
say he say goals for your year in
January and then by March you should be
done with those goals should try to get
done with those goals by March and it's
called the three-month years when I
believe it's called and it pushes you
push your really hard to try to get
these goals done as soon as possible as
opposed to waiting to last minute
anyways I hope I have explained these
concepts well enough that you can use
them to improve your life I hope you
enjoy watching this video if you want
more like this subscribe thanks for
watching
