Milena Velba Flashing Motorcycles

Eliminate 50% of the work in 48 hours ...

... following the advice of a half-forgotten Italian economist!

4 years ago an economist changed my life forever.

It 's a shame that I never had the opportunity to offer him a drink. My dear Vilfredo died nearly a hundred years.

Vilfredo Pareto was an economist and sociologist who lived between 1848 and 1923. Engineer training, he began his multifaceted career as a manager of a steel company and later was succeeded by Leon Walras in the chair of political economy at the University of Lausanne in Switzerland. His seminal work, Cours d'Economie politique, concludes in a "law" of income distribution hitherto little investigated, which would later bear his name ("Pareto law" or "Pareto distribution" ) but that the last decade, has become known as the "80/20 law" .

Pareto's law can be summarized as follows:

80% of output is produced from 20% of the inputs.

Alternative to express the concept, depending on the context, are:

- 80% of the consequences is produced from 20% of cases;

- 80% of the results derived from 20% of the effort and time used;

- 80% of corporate profits comes from 20% of products and customers;

- 80% of all revenue is realized by 20% of investments.

The list is long and infinitely varied and the ratio is often biased towards the top in an even clearer: it is not uncommon to find 90/10, 95 / 5, 99 / 1, but the minimum is 80 / 20.

faced with the necessity of choosing between a nervous breakdown and the opportunity to test the ideas of Pareto, I opted for the latter.

began to investigate my business and my private life through the lens of two questions:

- What is the name that causes 20% to 80% of my problems and my unhappiness?

- What is the 20% of sources that produces 80% of the results you want from me and my happiness?

continuing to analyze my life and the lives of people around me, as the now half-forgotten Italian economist's advice, I realized that:

"People are unable to judge objectively the ' urgency and importance, so are filled with minutiae to commit the time and feel important. "