The truth of the Pareto Principle
This piece of mathematical wizardry is mind-boggling when you really look into it.
People often call this the 80/20 rule, which is true, but the mathematical formula is slightly different.
The Pareto Principle states that the square root of the number of people in any organisation or discipline does half of all the work.
Expanding on that, you can follow along with your calculator, if there are 10 people in your team, 3 of them will do half the work.
If there are 1,000 in your team, 31 do half the work.
If there are 10,000 in your team, 100 do half the work.
So, if you have a team of 10,000 people and 100 do half the work, then 10 will do half or 1/4 of all the work.
Going one step further, it also shows that of that 1/4, 3 people will be doing half of that work or 1/8 of all the work to be done.
Going back the other way, we can see that of the 9,900 people left in the team, 99 will be doing half of the remaining work.
Overall roughly 9,000 of that team contribute next to nothing.
The 80/20 rule states that 80% of the results come from 20% of the work, which can also be broken down in the same manner as above.
So what?
I hear you say.
This what.
Across the Internet, there might be two million people who want to make money online.
Roughly 1400 will do half the work required to make money and will succeed at different levels.
But the bulk of those two million will never make enough to realise their dreams because they will not put in the sweat equity required.
The beautiful thing about this is that there is plenty of room for anyone who is prepared to make the effort.
There is almost no competition.
Olympic athletes do not compete against the world of athletes.
They only compete against those who turn up on the day.
They've already beaten out the other 99% of athletes in their field and probably didn't even see most of those.
How did all those successful people get so far ahead of those they left behind?
They turned up every day and did the little things that needed to be done to become the best version of themselves possible.
Every day in every way, they became better and better.
Where they were yesterday doesn't matter.
Today they do better.
Step-by-step persistence wins over enthusiasm and motivation.
They do what this book shows you.
https://go.wm-tips.com/atomic.
Regards,
Brent.
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