Can you distinguish between important and unimportant things? 80-20

Can you distinguish between important and unimportant things?

Part 2 of 3 of our blog series "3 mistakes you should avoid if you want your ethical fashion business to grow successfully".

Have you ever heard of the 80-20 rule?

The 80-20 rule was discovered by the Italian economist Wilfriedo Pareto and states, among other things, that 20% of your activities are most likely responsible for 80% of your results.

Imagine the results you could achieve if you were able to focus on these profitable activities. During our work with companies, we focus on exploring these activities, and here are some pointers on how you can learn to explore them:

  • Measure all your activities during 1 week. You do this by dividing your day into 15 minute steps and writing down exactly how you spend your time. Record your activities for 1 week according to this system. After that, please try to find out which recurring unimportant activities eat up your time.
  • Decide to eliminate these activities for the test period. This is often not easy as these avoidance strategies are often subconscious, so don't be too ambitious and choose only one activity.
  • Find out which activities bring the best results and consciously increase the time you spend on these activities. To sharpen your attention, you should also consider the following tips.
  • If you could only work 2 hours a day. What would you do? Do more of it!

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