the 80 20 principle (richard john koch) - presented by jennifer vu huong
TRANSCRIPT
10 things that I have eaten in my life!
• Fruit • Vegetable • Fish • Rice • Tofu• Egg • Chicken • Pork meat • Lamp• Beef
20%
80% of my lifetim
e
More than 80% of my lifetime I ate 20% of all the food I have eaten Jennifer Vu Huong [email protected]
10 friends who you have known!• Simon • Chris • Jonny • David • Peter • Sophia • Fabian• Richard • Ken • Ben
20%
80% of my time
More than 80% of my time I talked with 20% of all people I have metJennifer Vu Huong [email protected]
10 girl friends that my brother has had
• Hoa • Tuyet • No • Ro • Tren • Vuon • Doi • Nha • Lan • Diep
20%
80% of his lifetim
e
More than 80% of my brother lifetime spent on loving 20% of all the girls he has metJennifer Vu Huong [email protected]
Quality vs Quantity 5 hours together > Boring 1 hour together > Enjoyable
More than 80% of the time my first brother-in-law spent on phone so my first sister always complained he did not spend time with her
The majority of the effects come from the minority of the causes
80% of time
expended
80% of results
20% of time
20% of results
Many trivial tasks
Few vital tasks
Jennifer Vu Huong [email protected]
Jennifer Vu Huong [email protected]
Richard John Koch is a British author, speaker, and investor,
and a former management consultant and entrepreneur
Create more with less “80/20 principle”
Step 1
Focus on your 80/20
destination - where you want to be
Step 2
Find the 80/20 route - the easiest way to the destination
Step 3
Take 80/20 action - the
first key steps
yourself work and success money
relationships the simple, good life
5 key areas
3-step process
Jennifer Vu Huong [email protected]
Area 1: Focus on Your Best 20 Percent
Step 1: Focus on your 80/20 destination Your strong points ….
Step 2: Finding the 80/20 route ……….
Step 3: Take 80/20 action ……….
Your emotions and attributes – 20% spikes
Jennifer Vu Huong [email protected]
Area 2: Enjoy Work and Success Step 1: Focus on your 80/20 destination….
Step 2: Finding the 80/20 route ……….
Step 3: Take 80/20 action ……….
High pay A job I enjoy Security Good, comfortable conditions ExcitementFriends at work, interesting colleaguesMakes me thinkVarietyA decent bossHours that fit in with my life and are not too long Freedom to do things my
What do you really want from your work?
Jennifer Vu Huong [email protected]
Area 3: MoneyStep 1: Focus on your 80/20 destination…….
Step 2: Finding the 80/20 route ……….
Step 3: Take 80/20 action ……….
Financial independence wall chart
Jennifer Vu Huong [email protected]
Area 4: RelationshipsStep 1: Focus on your 80/20 destination
Do I want and need to find a lover? Do I want to make a specific person my lover?
Step 2: Finding the 80/20 route
Where am I most likely to find the right lover? What actions could I take to meet him or her?
Step 3: Take 80/20 action ……….
Moving to key relationships
Jennifer Vu Huong [email protected]
Area 5: The simple, good life Step 1: Focus on your 80/20 destination
What is the ideal simple, good life for you? How would your life be simpler?
Step 2: Finding the 80/20 route
The 50/5 Way: Getting rid of things that don’t matter
Step 3: Take 80/20 action Are you going to start today or this week?
Your pleasure chart
Jennifer Vu Huong [email protected]
Make it happenChapter 5 6 7 8 9
Area Yourself Work and success
Money Relationships Simple, good life
80/20 destination
80/20 routes
80/20 action
Sequence
Action start date
Your 80/20 happiness plan Jennifer Vu Huong [email protected]
Hints for completing your 80/20 happiness plan
The 80/20 way
Area
80/20 Destination
80/20 Routes
Month: Year:
Week ending 80/20 action Progress
Your 80/20 happiness plan progress chart
Jennifer Vu Huong [email protected]
Number of the slideNumber of the book pages
20%
My implementation from 80/20 rule
Reading Implementing
80%
Jennifer Vu Huong [email protected]