Pareto’s Law (The 20/80 Law)
20% Of Your Customers Will Account For 80% Of The
20% Of Your Components Will
Account For 80% Of The Cost,
…And So Forth.
The Pareto’s Law (20/80 Law) has its foundation in business economics; a principle named after the Italian economist Vilfredo Pareto, who observed that 80% of Italy’s income was received by 20% of its population.
The concept is that most results in any situation are determined by a small number of causes.
I discovered this concept a year ago while googling for some money-saving advice and stumbled upon a financial blogger’s website who wrote:
“…I sometimes accused myself of being lazy for not “working hard” but I realized what I was doing was living an 80/20 lifestyle and in fact probably being a lot more productive than those working harder than myself”.
It took me a while to actually digest and grasp this logics…until I applied it to pickup and getting women.
Most of your (good) results in life will have come from the least amount of work you’d put into life.
Classic case is the higher-education guy. He isn’t satisfied with an associates degree, so he strives for a 4 year degree, masters, then…
He puts massive amounts of time, money and effort into higher learning [80% worth]…which is great by the way, but he rarely ever sees returns in accordance with the amount of time and energy he’d put in.
Which had he only applied himself 20% minimum effort towards higher learning, he would’ve achieved 80% (in) return from his 20% meager effort.
This may sound totally radical to most, but I’m of the opinion that going to college is a waste of time scam set up by the system in order to keep us in debt for life via student loans, financial aid and other such grants- or better yet, grants with a catch.
So this is the system feeding off of human’s tendency to be irresponsible and lazy; especially those of us under the age of 21.
This novel radical take on higher education isn’t just “Kenny’s take”, but tons of studies by reputable sources have shown that over the past 15 years especially, those who graduated college aren’t any more successful in the job market nor in life, than those who only had high school diplomas. But the mainstream media will never circulate these findings (for obvious reasons).
[Student debt and the great college scam from the Business Insider]
Another classic analogy that of the employee who willingly kisses ass to his bosses, volunteers for the extra work load (although he truly doesn’t want to), works the hardest and longest hours, does his job proficiently and some [giving 80% + effort]; yet he’s the least paid and the first to unfortunately get severed in a down economy while his co-workers who had only put 20% into their work details, held onto their jobs and got pay raises in the process.
Life is pretty fucked-up!!!
I’ve been that employee putting in 80% effort at work as I documented in this article over a year ago: “How I learned that being a nice guy doesn’t get you anywhere in life…”.
The Generic “Mr. Nice Guy” Dater:
He puts 80% max effort into courting a specific girl whom he likes: buying flowers, wines and dines her, spends on lavish meals, gifts for her birthday and Valentine’s, talks to her on the phone for 5 hours straight…daily…
Even if he does get to sleep with the girl after relinquishing 80% output/effort, he could’ve still slept with her had he only given 20% effort! So that’s money, time, effort and phone minutes saved.
Most cases however, the nice guy almost always fails despite putting 80% effort into a specific girl.
I’ve fucking been that nice guy!
A bad boy on the other hand who doesn’t give a shit, will have only given 20% effort (nothing tangible), yet gets the girl, while the guy who had given 80% is left to go home to choke the chicken for the next 6 months.
The nice guy, the college-educated chump and the kiss-ass employee all have 3 things in common:
They all played the game of life wrong by giving max effort and expecting to receive HUGE dividends and returns on their investments [which sounds logical but isn’t workable]!
People who are successful in this dog-eat-dog world, really haven’t done shit to attain success!
The classic cliche of, “Work hard and you’ll get far in life”, is utter bullshit, and just an ego-boosting cliche- nada más!
Just as in music and the entertainment business, most guys who make it big were discovered by chance; being at the right place, right time, and spotting the right individuals.
They struck luck!
It wasn’t that they were so talented and had the most melodic voices on the planet (as much as they’d love to believe so). They were merely at the right place, right time and were heard and seen by the right person (producer, director, etc.).
On the other hand, the aspiring/struggling actor who’s been putting 80% effort into his acting career, a million acting classes under his belt, showing up at every audition, toting a portfolio with his degrees and accolades from acting school…he will never make it in Hollywood!
The aspiring singer who believes he’s the next Michael Jackson, has a bachelor’s degree in a pertinent music field from Juilliard, he starves himself by spending the little financial resources he has on studio time to record demos, shops around NYC at every major-record label looking to get signed…he will never make it in music!
He’s expended too much resources, too much money, effort, time and work in pursuing that goal!
His max input/effort was 80% instead of a mere 20, which would’ve ceded him a much better chance.
50 Cent sucks at rapping (we all agree), Jay Z’s lyrics have been spent, recycled and played out since 2001, yet these guys are making it and have only put a meager bullshit 20% work into their craft since debuting.
50 Cent was selling drugs and didn’t give a shit about becoming a professional rapper (until he was cajoled). Jay Z likewise was selling drugs and rapping as a mere pastime.
Those guys weren’t striving to become artists, nor were they putting in 80% effort into music, nor were they hiring vocal coaches, neither were they enrolling into the top music school in the country…
Their 20% bullshit effort was sufficient enough (freestyling on the bloc or in the clubs) until someone recommended them to someone else, to someone who knew someone, who knew someone else [the art of networking].
In relation to picking up chicks, it’s the girl whom you’re least chasing, and least thinking about, will be the 1 you’ll get to bang.
More Economical Statistical Trends And Sayings:
20% of employees are responsible for 80% of a company’s output, gains and revenues.
20% of customers are responsible for 80% of revenue.
Repeat customers account for 80% of your business income (they present 80% of your money).
The ratios can even be 10/90 or 1/99 in some businesses.
A minority creates a majority.
Case in point: Sloppily written articles which I’d only put 20% work and forethought into, always turn out to be the most riveted, viewed and commented posts, while the ones I’d toiled 3 days over trying to perfect, receive less views and comments.
This is the Pareto’s Law [80/20 rule] at work.
On a related note- I’m fond of learning new languages. But over the last 13 years of studying countless languages (some I’ve mastered), I noticed a worrying trend, that the harder I study; the least I retain. The least time spent studying; the more I remember, retain and progress.
This is again the Pareto’s Law [80/20 rule] in motion. You give 80; you’ll receive 20. You give 20; you’ll receive 80.
Now I’m not advocating for guys to get lazy and become loafers and slackers in life…because I’m not!
I’m merely stating that according to the Pareto’s principle of economics, you do not have to expend yourself nor your resources and efforts in order to reap massive benefits in life!
Giving your all often times results in failure in any genre of life: work, business, dating, sex…
Doing 15 to 20% will suffice!
Buying the girl the most expensive gift in order to impress her is more liable to produce a disagreeable effect than if you’d bought her something inexpensive from the heart.
80/20 rule again.
As a former poet [yes, Kenny did stand-up poetry between 2003-2005], my best pieces of work (written or freestyle) were composed whenever I’d given little next to no effort.
The pieces which I’d spent 3 days composing, brainstorming and trying to perfect by expending 80% max effort, were awful!
Likewise, if you want more successes in sex and dating; apply the 80/20 rule of Pareto’s Law.
Harness just 20% of your overall Game and skills with women and you’ll witness a massive shift towards more positive results.
Instead of wrecking your brains trying to memorize the perfect ice-breaker (opener); work with what you have at the moment (simple-situational openers)!
Instead of sending her 10-long-romantic text messages in response to something she said or asked; just send a crappy-concise text which only took minimal effort to compose.
You guys should get the drift by now.
Pareto’s Law kicks major ass!
Do less; get more!
Do more; get less!