He defines these happiness boosters as “the small dollops of time-the special, glorious times-when we’re happiest.” We get a fantastic return on our time when 20 percent of time leads to 80 percent of happiness or achievement-we get a fourfold or 400 percent return on this time." - Living the 80/20 Way, page 35įollowing the 80/20 principle of more is less, Koch invites us to find our happiness islands and increase our time spent on them. Insight #1įind your Happy Place "A few things that we experience and do, in very little time, are of enormous value. But what makes the list interesting is that it also includes activities that are not so obvious, such as doing a daily unselfish act and focusing on what matters to you. The list includes some familiar ones such as exercise, meditation and saving a portion of your earnings. Koch also provides a list of high-payoff habits that generate huge returns for the time invested in doing them. We can do this by asking ourselves some key questions such as ‘What are the things that truly produce results in your work?’ Given your specific skill set, ‘Where could you create the most value?’ The author suggests we keep questioning ourselves and brainstorming to find a better way of getting what we want. Eliminate all non-value added tasks that do not contribute to the end result. Obviously the first place to start is a search for low-effort, high reward activities. The author makes a convincing case that by leaving something out we can achieve more and provides countless examples in the fields of science, technology and business.
By focusing on these few high-powered activities, your results can improve dramatically, providing a huge return on your time investment. How is this possible? How can you get more enjoyment, pleasure, results with less? The key is to eliminate, reduce and cut out all unnecessary activities to focus on the critical few that have the biggest impact.
If we know what results we want, therefore, we can look for a super-productive way to get those results." - Living the 80/20 Way, page 22 Get More with Less "The 80/20 principle says that a small minority of causes lead to a large majority of results. This book is filled with many practical examples and methods to incorporate the 80/20 principle into your personal life and includes questions to help the reader figure out what really matters. His current book is a follow-up to his previous bestseller The 80/20 Principle, which was targeted at businesses and professionals. Richard Koch is an entrepreneur and author of several books on the 80/20 principle. Only a critical few activities produce the outcomes that really matter.
80/20 is based on the Pareto Principle which states that 20% of actions produce 80% of the results. Living the 80/20 Way: Work Less, Worry Less, Succeed More, Enjoy More by Richard Koch is about results and planning your life to focus on what produces those results. Having found these things, everything else is trivial." - Living the 80/20 Way, page 173 "To find meaning in life, we have to reach inside ourselves: define the few things that we care about, the things we want to love and devote ourselves to, the things we are good at and enjoy.
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