80/20 Rule: The Pareto Principle

The 80/20 rule states that about 20% of causes produce about 80% of outcomes.

Accumulative advantage is what begins as a small advantage gets bigger over time. Situations in which small differences in performance lead to outsized rewards are known as Winner-Take-All Effects.

Winner-Take-All Effects in individual competitions can lead to Winner-Take-Most Effects in the larger game of life.

The 1 Percent Rule states that over time the majority of the rewards in a given field will accumulate to the people, teams, and organizations that maintain a 1 percent advantage over the alternatives. You don’t need to be twice as good to get twice the results. You just need to be slightly better.

When the 80/20 Rule Fails

This is the downside of the 80/20 Rule: A new path will never look like the most effective option in the beginning.

References

James Clear on Pareto Prinicple, Jownside of Pareto Prinicple, James Clear on Slightly better


work you want to do for the rest of your life

How to find work you want to do for the rest of your life:

  1. Pay attention to what you can’t stop thinking about at work.
  2. Get clear on what gives you energy, and what takes it away.
  3. Notice what’s easy for you to focus on.

Steal Like An Artist - Austin Kleon

  1. Steal like an artist.
  2. Don’t wait until you know who you are to get started.
  3. Write the book you want to read.
  4. Use your hands.
  5. Side projects and hobbies are important.
  6. The secret: do good work and share it with people.
  7. Geography is no longer our master.
  8. Be nice. (The world is a small town.)
  9. Be boring. (It’s the only way to get work done.)
  10. Creativity is subtraction.

Naval about reading

  1. Read What You Love Until You Love To Read

  2. Eventually You’ll Start Reading The “Healthy” Book

  3. Books Are An Investment, Not An Expense

  4. Buy Multiple Copies of Amazing Books

  5. Spend More Time Reading Great Books

  6. Most Books Could Be Shorter

  7. Treat Books Like A Blog Archive

  8. It’s Okay To Skip Through A Book

  9. Give Yourself Permission To Quit Bad Books

  10. You Don’t Have To Read One Book At A Time

  11. Anytime Is A Good Time To Read

  12. Reading Increases Your Chances of Becoming Successful

  13. Developing A Reading Habit Is Important, How You Do It Is Not

  14. Start Lots of Books But Only Read The Ones You Love

  15. Books Understood > Books Read


People will choose unhappiness over uncertainty.

People will choose unhappiness over uncertainty.” ― Timothy Ferriss,

The 4-Hour Workweek, So stay optimistic.


We suffer more often in imagination that in reality.

We are more often frightened than hurt; and we suffer more from imagination than from reality. — Seneca

There are two fundamental realities that we live in.

1-  An internal landscape with thoughts and feelings.

2- A physical environment where we interact with objects and people.

Most often in life, we tend to confuse the two. These two merge in together. Some of the thoughts we have in our internal landscape never quite materialize.

We have anxiety and worry about circumstances that are yet to come.

The elusive nature of thoughts brings us more misery than just meaningless armchair philosophy.

No one seems to argue the validity of your everyday thoughts. As Sherlock Holmes does, we all need to be keen observers of our thoughts.

Meditation is the key to overcome the thoughts.

If the feeling of boredom or frustration sets in, don’t just distract yourself with social media. Stay with the feeling for awhile. Start observing the thoughts that led to the emotions.

Become a detective of your thoughts. Make mindfulness a constant habit.

Your future self will thank you for it.

Depression is a fictional story your mind has created. If you choose to believe it, you become depressed.

Man is not worried by real problems so much as by his imagined anxieties about real problems. — Epictetus


Warrior has only one true friend

A warrior has only one true friend. Only one man he can rely on. Himself. So he feeds his body well; he trains it; works on it. Where he lacks skill, he practises. Where he lacks knowledge, he studies. But above all he must believe. He must believe in his strength of will, of purpose, of heart and soul.

Do not speak badly of yourself, for the warrior that is inside you hears your words and is lessened by them. You are strong and you are brave. There is a nobility of spirit within you. Let it grow — you will do well enough.


Try to understand the feelings

Feelings are facts.

Many people hope to convince others by clearly explaining the external facts of the situation, but they often ignore the internal emotions of the other person.

Usually, the most important “fact” to consider is how the other person is feeling right now.

James Clear


Track time

Track your time to find out where you are spending more and where you are spending less.

It will help you to identify yourself.

Keep a log for each half hour that what you done for the previous half hour.