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Posted June 15, 2005
Get What You Want out of Life with Less Effort and Less Time
Although I also liked his original book The 80/20 Principle, Richard Koch has done a much better job in applying Vilfredo Pareto¿s 80/20 principle to everyday life in Living the 80/20 Way. The 80/20 principle means that in any area of life a few (approximately 20 percent) are vital and many (approximately 80 percent) are trivial. The key is to focus your time and energy on the 20 percent of your work projects, friends, investments, and leisure activities that are really important. As the author of the international bestseller The Joy of Not Working (over 200,000 copies sold and published in 16 languages), I can lay claim to a measure of success not attained by the majority of people in North America. In fact, not so long my net worth was minus $30,000. Yet today I have a comfortable net worth, work only four to five hours a day, and have an income in the top 20 percent of wage earners. To get there I have implemented the following principles, which in one way or another are emphasized and expanded on by Richard Koch in Living the 80/20 Way. 1. Put more effort into simplifying your life and less into complicating it. 2. Reject the adage that everything worth doing is worth doing well ¿ striving for excellence where excellence doesn¿t matter is the stuff that misfits are made of. 3. Concentrate on the things that really matter and be oblivious to practically everything else. 4. If you work more than eight hours a day, you are in the wrong job - either that or you are doing it wrong. 5. The belief in the morality of hard work signifies a hard head. 6. Forget about security and focus on opportunity. 7. Live life on your own terms and not someone else¿s. The material in this book can be much more valuable than an MBA if you would like to get what you want out of life without killing yourself for it. I should know. I have an MBA and have never found anything worth reviewing from the courses I took in the program. Yet I find Living the 80/20 Way a great resource for reminding me what helped me become successful. It is also a valuable reminder for how I can continue to work fewer hours than most people and be more successful at what I do than most people who work in the same field.
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Posted April 16, 2012
A GREAT READ! IN WHICH ANY READER WILL FIND USEFUL. I FOUND THI
A GREAT READ! IN WHICH ANY READER WILL FIND USEFUL. I FOUND THIS BOOK TO BE READER FRIENDLY. MUCH EASIER READING THAN THE AUTHOR'S BUSINESS BOOK THE 80/20 PRINCIPLE WHICH I READ ABOUT 8-9 YEARS AGO. THE AUTHOR HAS DONE A GREAT JOB! YES THIS 80/20 IS INDEED A PHENOMENAL LAW! JACQUELINE R. ROBERTSON, AUTHOR OFWas this review helpful? Yes NoThank you for your feedback. Report this reviewThank you, this review has been flagged.
DREAM IT FIRST/THE 80/20 LAW TO MANIFESTATION OF DREAMS AND GOALS
Posted September 2, 2005
Agreeing with author Richard Koch, you might say 20% of the statements in this book produce 80% of its value. Koch says he wrote this book because his last one, `The 80/20 Principle,¿ was too complex for some readers. As a result, Koch¿s writing, which is straightforward and concrete, at times borders on the simplistic. He illustrates each point with interesting stories and examples, some of which seem elementary to the point of being silly. That said, Koch¿s application of Italian economist Vilfredo Pareto¿s classic 80/20 rule is very useful. The modern interpretation of Pareto¿s law holds that 80% of your productivity stems from 20% of your activities - do more of these meaningful things, and less of the others, and you can actually become more productive while decreasing your workload. This is a valuable concept for busy people who want to be more productive while also reducing their stress. Koch¿s emphasis on flow, simplicity and following your passion are also useful. Some parts of the book reflect mainstream self-help literature - don¿t be surprised if you¿ve heard some of it before. Koch includes worksheets to help you apply the 80/20 principle to your life. We recommend this book as a good introduction for self-help readers and those looking to do more with less.Was this review helpful? Yes NoThank you for your feedback. Report this reviewThank you, this review has been flagged.
Posted January 6, 2010
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