80 20 Rule: Are you an 80 or 20 thinker?

Vilfredo Pareto, an Italian economist , observed that 20% of the people in Italy had 80% of the wealth and so was formed the concept of the Pareto principle or the 80 20 rule. You can apply this rule to any aspect of your personal or business life. The 80 2o rule is a rule that states 20% of the people do 80% of the work and are rewarded as such. Whereas 80% of the population receive 20% of the world’s wealth as a result of their inability to make decisions and take actions that will launch themselves into the top 20%

How and why does this happen? 20% of people receive 80% of the wealth because they put up their hand to accept it, no matter what, and in return provide service and value to others.

What are the differences between an 80%  and 20% thinker?

Problem Versus Opportunity

80% thinkers see everything as being a problem. If they even take time to remove themselves from the comfy couch to think of a unique and creative idea they will see all the reasons why it won’t work and how life is too unfair to them to allow it to work. An 80% thinker often says “It’s too expensive”,  “I don’t have enough time”,  “I don’t know how to do it, nothing ever works for me.”  “I tried it and they said no.” or “It’s just too hard!”

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A 20% thinker sees everything as an opportunity. Behind every obstacle lies the opportunity to learn something new, refine your skills and grow. 20 thinkers see how the problem can be solved and create new ways to achieve this.

Michael Jordan was cut from his basketball team. An 80% thinker would instantly have quit and looked for something else to do. Jordan saw this as an opportunity for him to refine his skills. It made him so mad, that he became so determined to be the best so this would never happen again. His failure inspired him to become one of the greatest athletes of all time and reach the pinnacle of the top 20%.

Money is a Limiting Factor to growth versus Money is  a Leverage for Growth

An 80 thinker allows money to determine their choices in life. They first look at the price of something and allow that to make their decision and stop their progression forward. A 20% thinker views money as a tool to increase their abundance and lifestyle. They first look at the value that will be received upon making the investment and then use that as a decision whether to use money as a leverage for growth.
An 80% person will see the price of a business at being $3,000, will scream daylight robbery and walk away. A 20% thinker will see that an investment of $3,000 will bring in monthly residual income that will grow every month that they grow their business and so will seize the opportunity. The price will never be the determining factor.

Comfort Zone and Work Harder versus Purpose  Sacrifice and Work Smarter

An 80% thinker has no defined purpose. They don’t know what it is they want to achieve and why. They don’t take the time to ask the right questions and find the right answers. A 20% thinker is connected to their purpose and is laser focused on achieving their goals.

In order to reach their goals a 20% thinker is willing to do whatever it takes to achieve them. They will make sacrifices. They will stay up late, work on weekends, take risks, give up TV and all tasks that do not serve their ultimate 20% purpose. An 80% thinker refuses to give up their ‘time’ or anything that requires getting a little uncomfortable. A 20% works smarter, by taking advantage of available resources,opportunities and leverage. An 80% works harder, usually by way of 2 or 3 jobs to make ends meet.

Inactive Fear Verses Courageous Action

A 20% thinker takes action. They get started on their attainment of their dreams and follow a blueprint of success to get there. 80% of people never start and this is why they fail and remain in the 80% of the population who work harder for only 20% of the world’s abundance. They never even start! 20 thinkers Just Do It!

How can you move from  the 80% group to the 20%

1  Recognize that there is such a distinction
2. Make a decision to live your purpose, make a difference and achieve incredible rewards as a result
3. Be willing to work smart and make sacrifices
4. Take action by starting at least and stepping into the 20% zone.
5.Follow those who are in the 20%, and allow them to mentor you to success. Learn all you can and surround yourself with positive and inspiring people.

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