I have come across this principle when I read a blogpost by Yaro Starak on this subject. I might have heard about it before but did not have much influence on me.
Yaro is a strong believer and a real life applier of this principle.Another book that I am currently reading also mentions about it. It is by Timothy Ferris and titled as The 4-Hour Workweek.
I have now seen many articles on this subject and its application in the fields of Business, Productivity and Finance. I now notice the same working in my life too and I started learning to apply it to most of my activities. It does take efforts decondition yourself from old learning but yes if done, that is really useful.
What is this 80/20 stuff?
If you are unaware about this principle, have a short look below at its definition from Wikipedia. I won’t be describing it in detail here as I intend to write about my experience about it in parenting.
Taken from Wikipedia:
The Pareto principle (also known as the 80-20 rule, the law of the vital few, and the principle of factor sparsity) states that, for many events, roughly 80% of the effects come from 20% of the causes.
