Shift Happens
Pareto Rule: 80/20
In 1897, Italian economist Vilfredo Pareto, in his study of the patterns of wealth and income, observed that the distribution of wealth was predictably unbalanced. He first discovered this pattern in 19th-century England and found it to be the same for every country and time period he studied. Over the years, Pareto’s observation has become known as the 80/20 principle.
The principle is simple, but counter-intuitive: Nature creates imbalances. This is true for money (20% of people have 80% of the wealth), crime (20% of criminals commit 80% of crimes), energy usage (15% of population uses 85% of energy), competition (20% of suppliers have 80% of market share)and even carpet (20% gets 80% wear and tear). (more…)
Tithing Time
We are all looking for more time. We all claim that there is insufficient time in our days to accomplish anything, let alone something we actually want to accomplish. My solution to this is the biblical concept of tithing. Take 10 percent of anything you are currently doing and dedicate it towards your real goals, and aspirations.
If you are watching 3 hours of television a day, then take 30 minutes for yourself and your dreams. You still get 2 1/2 hours of television but you also get 30 minutes closer to achieving your dreams. That 30 minutes a day, over the course of a year is equal to 5.21 weeks of work. What could you accomplish if you had over 5 weeks of work to concentrate on a project? What could you achieve with that amount of time dedicated to your dreams.
Google allow for their people to work 1/2 of a day per week on projects that are interesting to them. Many of their ‘new’ products are directly related to that freedom of ideas, expression and the necessary time to develop those ideas.
Tithing of time, allow for you to accomplish so much with nominal loss of those habits we have created over a life time. So, what excuse do you have about not having sufficient time to work on your goals?
