Conventional wisdom is not to put all of your eggs in one basket. 80/20 wisdom is to choose a basket carefully, load all your eggs into it, and then watch it like a hawk.
Richard KochRead
80% of the results come from 20% of the causes. A few things are important; most are not.
Interpretation
Focus on the few things that bring the most results and ignore the rest.
This quote by Richard Koch highlights the principle known as the Pareto Principle or the 80/20 rule, suggesting that a majority of effects come from a small number of causes. It encourages individuals and organizations to identify and prioritize the critical few activities that yield the most significant results, emphasizing efficiency and effectiveness in efforts.
In practice
In a business presentation about maximizing productivity, one might quote this to stress the importance of focusing on high-impact tasks.
Conventional wisdom is not to put all of your eggs in one basket. 80/20 wisdom is to choose a basket carefully, load all your eggs into it, and then watch it like a hawk.
The 80/20 Principle, like the truth, can make you free. You can work less. At the same time, you can earn more and enjoy more. The only price is that you need to do some serious 80/20 thinking.
Do all the other things, the ambitious things - travel, get rich, get famous, innovate, lead, fall in love, make and lose fortunes...but as you do, to the extent that you can, err in the direction of kindness.
Avoid the tyranny of the reasonable voice...it will guarantee a complacency of never trying anything adventurous.
People will never know how hard it is to get information, especially if it's locked up behind official doors where, if politicians had their way, they'd stamp 'top secret' on the color of the walls.
God speaks to each of us as he makes us, then walks with us silently out of the night. These are the words we dimly hear: You, sent out beyond your recall, go to the limits of your longing. Embody me. Flare up like a flame and make big shadows I can move in. Let everything happen to you: beauty and terror. Just keep going. No feeling is final. Don't let yourself lose me. Nearby is the country they call life. You will know it by its seriousness. Give me your hand.
The greatest discovery of my generation is that man can alter his life simply by altering his attitude of mind.
Don't tire yourself more than need be, even at the price of founding a culture on the fatigue of your bones.
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