Keeping It 80/20: The Rule That Lets You Achieve More With Less
The 80/20 Rule, also known as the Pareto Principle, helps you achieve more with less work. Here’s how to apply it for a successful career.
By Matt Khoo on 2023-11-27 at 7:12 AM
Updated on 2025-01-27 at 3:03 AM
1. Identify Your High-Impact Tasks
Take a step back and analyze your daily tasks. Which ones deliver the most value? For instance, instead of spending hours replying to every email, focus on critical ones that drive decisions or close deals.
If you're in sales, prioritize pitching to high-potential clients who account for the majority of your revenue.
2. Eliminate or Delegate Low-Value Tasks
Not every task requires your direct attention. Learn to delegate repetitive or low-priority tasks to free up your time for high-impact activities. Tools like project management software or automation can be a great help.
Automate reports or delegate scheduling to an assistant to focus on strategic planning instead.
3. Optimize Your Learning and Growth
Instead of overloading yourself with countless courses or certifications, focus on developing one or two skills that significantly boost your value.
Mastering a sought-after tool or skill in your industry can make you indispensable, even if you’re new to the workforce.
4. Leverage the Power of Networking
Networking is another area where the Pareto Principle shines. Focus on building relationships with key individuals who can open doors to new opportunities, rather than trying to connect with everyone in your industry.
Attend targeted industry events or join professional groups like Hiredly’s Young Leaders Community to maximize meaningful connections.
5. Set Boundaries for a Healthier Work-Life Balance
The 80/20 Rule isn’t just about productivity; it’s also about balance. Focus on activities that recharge you the most during your downtime, and cut back on those that drain you.
Spending quality time with family or pursuing a hobby can provide the energy you need to excel at work.
The 80/20 Rule isn’t just about doing less work—it’s about doing the right work. By focusing on the most impactful areas of your career, you can:
Adopting this mindset helps you prioritize what truly matters, giving you more time and energy to invest in meaningful goals and relationships.
Looking to dive deeper into strategies that can transform your career? Check out these valuable resources:
By Matt Khoo on 2023-11-27 at 7:12 AM