Have you met Mr. Vilfredo Pareto?

#97

Hey folks 👋

How’s it going?

Welcome to Wisdom Letter #97.

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Today we talk about Pareto’s Principle, more popularly known as the 80/20 rule👇


The 80/20 Rule📈

Vilfredo Pareto was an Italian economist. In 1896 he figured out that 80% of the land in Italy was owned by 20% of the people.

Today we know that it’s a rule that applies to almost every area of life, not just land ownership.

Pareto’s principle is closely linked to the mental model of Compounding.

It’s a good prioritization framework.

This week we wrote a post on Pareto’s principle.

Read it below -

  • 3 Areas where the 80/20 rule works and why

  • 1 aspect of life where it doesn’t work

  • How you can best apply Pareto’s principle.

  • And much more🚀🚀🚀

20% effort for 80% results


🔗 Related


🐦 Birdwatch


💭Something to chew on

What is your 20%?

In any one area of life, try to figure out the 20% effort that brings you 80% results.

What can you do to double down on it?

How can you reduce the other stuff that doesn’t have as much impact?

Think about it🤔


📺 Some personal news

Last week we got featured in an online magazine called Coffee & Pens🕺💃

Do check out the interview 👉 Ayush Chaturvedi: A Book about Twitter


🔖 Bookmarks


📂 From the archives

  • Today is the Euro cup and Wimbledon finals day, its a day to celebrate sport. Do read this reflective piece from one of the best Tennis players of all time, Pete Sampras 👉 Letter to My Younger Self

  • Sampras’ story was featured in Wisdom Letter #22 | The Spirit of Sport. We also featured inspiring stories from Kobe Bryant, Yuvraj Singh and Cheteshwar Pujara in that post.


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See you next week.

Cheers,

Ayush & Aditi


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