Ever wondered what success is? I think Success is
the culmination of a long cherished dream. It is not at all easy to define
success in one line, there is no formula of success, had it been there
everybody would have been successful. There are plenty of factors involved in
success. There are some who are born in such an environment that nurtures
success, some have the strong desire to achieve success, they turn the tide in
their favor by their deeds.
It’s unbelievable but true! Warren Buffet works for only three hours a day, but
he is among the wealthiest men on this planet.
Another dynamic and very successful personality is uncrowned king, Bill
Gates. He doesn’t possess any
engineering or other higher degrees from any prestigious college like Cambridge or Oxford, but went on to
establish one of the most prosperous corporate companies in the world, Microsoft.
Ronald Reagan was never interested in toiling hard but he was the man credited
for the down fall of Communism.
Mother Teresa was an ordinary lady but she carved her name in the annals of
world history by her pious deeds.
Now question arises, what was the mantra of success for these iconic figures?
There are several factors which have contributed to their success. Crystal clear objective, focused approach and determination to make it big in life are some of the major factors which are very crucial in success.
Although humanity has progressed in leap and bounds but still it is plagued with enormous difficulties. There are plenty of works to be done and challenges to be meet.
You may wish you had few extra hours in your hand to fulfill your tight schedule and demands. Though, contemporary science has made a miraculous progress but still lots to be done. Just by clicking at the mouse one can straight away browse any subject on the net. Mobile cell in your hand keeps you in touch with your friends but who will find the solutions for other grievances. Probably we should start working hard, fast and more. Is this the solution? No! This can not be a solution.
Let’s discuss about a very popular theory which is as old as nature, but very much practical even today. It is an amasing theory which is not absolutely used pragmatically. We are talking about 80/20 Principle of success. This theory has been proved time and again through scientific research as well. Its importance can be seen in several corporate as well as social situations.
According to this theory 80% of results, productivity or rewards are spawned by 20% of efforts. To be more precise, only few certain things are important for getting desired results others are just secondary. This 80/20 Principle is very popular among corporate philosophers and management gurus, reason being that it is straight away relevant to different corporate circumstances.
Perhaps, you have heard that 80% of profit of any concern generates from 20% of its customers, we can elaborate this sentence in another manner as well that 20% of staff of any concern spawns 80% of its productivity. Let’s understand this through following examples:
- 80% of the crimes are committed by 20% of thieves.
- 80% of car accidents are committed by 20% of drivers.
- 80% of resources are used by 20% of population of any community.
If we consider our own personal lives, then we will find:
- 20% of the time we spend in our office work relates to 80% of what we achieve.
- 20% of our clothes are worn 80% of the time.
- 20% of our home’s carpet gets 80% of the wear.
Above mentioned interesting statistics reveal the essence of this 80/20 Principle. This theory can bring dramatic change in our day-to-day lives as well, provided we are goal oriented and sincere in our approach. We should use most prolific 20% of our potential in every situation of our lives.
Introspect yourself and recognise the things which are most vital to you and
your life. Focus most of your potential and energy to such things. When you will
understand this theory in totality then you will realise significant changes in
your life; lesser time will bring more and qualitative results for you.
At times people wonder, if it is so much effective, then why it is not used worldwide,
to accomplish success and meet challenges of the society. One of the reasons is
that it is against the traditional norms of the society; moreover, we are deep
rooted in 50/50 philosophy. We think that hard work will bring definite results
for us.
80/20 Principle is completely against this approach. According to this theory
hard work is not always rewarded. There are some who have not worked hard at
all, but went on to become very affluent multimillionaire. We have been brought
up in an environment where we are supposed to put in around 8 hours in a day
even when our most productive results are spawned in 2 hours or so.
So, what is the bottom line? By identifying our goal and strengths and focusing
on them, we can achieve success and bring diverse modifications in our
lives.
In modern life we are confronted with several demands and difficulties, by
meticulously using 80/20 Principle we can find amicable solutions to all these
problems.
John Singh
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