Spark Success with Sevi Show
ARE YOU A VICTIM, SURVIVOR OR THRIVER? IMAGINE A LIFE WITH LESS. LESS WORK, LESS STUFF, LESS CLUTTER, LESS STRESS, LESS WORRY, LESS HURRY, AND DISCONTENT. A LIFE WITH FEWER DISTRACTIONS. NOW IMAGINE A LIFE WITH MORE. MORE TIME, MORE FREEDOM, MORE SUCCESS, MORE CONCENTRATION, MORE MEANINGFUL RELATIONSHIPS, MORE GROWTH, MORE CONTRIBUTION, AND CONTENTMENT. WHAT IF I TOLD YOU, THAT ALL THESE ARE POSSIBLE? WHAT IF I TOLD YOU THAT 80% OF THE RESULT COMES FROM 20% OF YOUR EFFORT? IT’S PARETO PRINCIPLE. THE PRINCIPLE HAS BEEN NAMED AFTER VILFREDO PARETO, WHO WAS AN ITALIAN ECONOMIST BACK IN THE 19S. PARETO, ONE DAY NOTICED THAT 20% OF THE PEA PODS IN HIS GARDEN GENERATED 80% OF THE HEALTHY PEA PODS. AND, THEN HE WENT A LITTLE DEEPER AS AN ECONOMIST IN HIS FIELD AND NOTICED THAT ABOUT 80% OF ITALY’S LAND BELONGED TO 20% OF THE COUNTRY’S POPULATION. THE PARETO PRINCIPLE HELPS US REALIZE THAT THE MAJORITY OF RESULTS COME FROM A MINORITY OF INPUTS. WHEN YOU ARE ABLE TO UNDERSTAND THE PRINCIPLE AND APPLY IT IN YOUR LIFE, YOU START HAVING MORE OF EVERYTHING, MORE TIME, MORE FREEDOM, MORE MONEY, MORE JOY IN WHAT YOU DO. YOUR LIFE BECOMES MORE MEANINGFUL. [https://sevischool.com/wp-content/uploads/2020/04/myumyun-blog-ph-new.png]GET ON SEVI’S VIP LIST FOR EXCLUSIVE BUSINESS + LEADERSHIP INSIGHTS AND FIRST NOTICE ON UPCOMING EVENTS. SO WE CAN ALSO CALL IT THE “VITAL FEW VS. THE “TRIVIAL MANY.” 80 PERCENT OF THE RESULTS WILL COME FROM JUST 20 PERCENT OF THE ACTION. DON’T YOU KNOW ANYBODY WHO APPEARS TO BE BUSY ALL DAY LONG BUT SEEMS TO ACCOMPLISH VERY LITTLE? IF THAT PERSON IS YOU, OUCH! THEY ARE BUSY WORKING ON TASKS THAT ARE OF LOW VALUE WHILE THEY ARE PROCRASTINATING ON ONE OR TWO ACTIVITIES THAT COULD MAKE A REAL DIFFERENCE TO THEIR COMPANIES AND TO THEIR CAREERS. I HAVE A CLIENT WHO IS ONE OF THE HIGHEST-PAID FINANCIAL CONSULTANTS NOW. WHEN I MET HIM FOR THE FIRST TIME, WE SET A GOAL TOGETHER, WHICH WAS TO DOUBLE HIS INCOME OVER THE NEXT THREE YEARS. HE IS SOMEONE WITH A GREAT EDUCATIONAL BACKGROUND AND EXPERIENCE, BUT HE USED TO DO EVERYTHING HIMSELF. WE CLEARED OUT THE MINORITY WORKS AND PUT THEM OFF OF HIS DESK. HE WAS SPENDING THE SAME TIME OVER THE NUMBER OF TASKS THAT HE DID WHILE ONLY 20 PERCENT OF THOSE ITEMS CONTRIBUTED TO 80 PERCENT OF HIS RESULTS, ONLY 20 PERCENT OF THE TASKS WERE IN HIS GENIUS. HE HIRED SOMEONE AND DELEGATED EVERYTHING WHICH WAS NOT IN HIS “VITAL FEW” CATEGORY. NOW EVERYTHING TRIVIAL WAS OFF OF HIS TABLE. HE PICKED THE CRUCIAL %20 AND DELEGATED THE REMAINING 80%. HE ALSO APPLIED THE 80/20 RULE TO HIS CLIENT BASE. WHAT HE FOUND WAS THAT 20 PERCENT OF HIS CLIENTS CONTRIBUTED 80 PERCENT OF HIS PROFITS. HE ALSO DISCOVERED THAT THE AMOUNT OF TIME SPENT ON A HIGH-PROFIT CLIENT WAS PRETTY MUCH THE SAME AMOUNT OF TIME SPENT ON A LOW-PROFIT CLIENT. [https://sevischool.com/wp-content/uploads/2020/04/austin-distel-WtXcbWXK_ww-unsplash-300x174.jpg]SO WE CAN ALSO CALL IT THE “VITAL FEW VS. THE “TRIVIAL MANY.” 80 PERCENT OF THE RESULTS WILL COME FROM JUST 20 PERCENT OF THE ACTION. DON’T YOU KNOW ANYBODY WHO APPEARS TO BE BUSY ALL DAY LONG BUT SEEMS TO ACCOMPLISH VERY LITTLE? IF THAT PERSON IS YOU, OUCH! THEY ARE BUSY WORKING ON TASKS THAT ARE OF LOW VALUE WHILE THEY ARE PROCRASTINATING ON ONE OR TWO ACTIVITIES THAT COULD MAKE A REAL DIFFERENCE TO THEIR COMPANIES AND TO THEIR CAREERS. I HAVE A CLIENT WHO IS ONE OF THE HIGHEST-PAID FINANCIAL CONSULTANTS NOW. WHEN I MET HIM FOR THE FIRST TIME, WE SET A GOAL TOGETHER, WHICH WAS TO DOUBLE HIS INCOME OVER THE NEXT THREE YEARS. HE IS SOMEONE WITH A GREAT EDUCATIONAL BACKGROUND AND EXPERIENCE, BUT HE USED TO DO EVERYTHING HIMSELF. WE CLEARED OUT THE MINORITY WORKS AND PUT THEM OFF OF HIS DESK. HE WAS SPENDING THE SAME TIME OVER THE NUMBER OF TASKS THAT HE DID WHILE ONLY 20 PERCENT OF THOSE ITEMS CONTRIBUTED TO 80 PERCENT OF HIS RESULTS, ONLY 20 PERCENT OF THE TASKS WERE IN HIS GENIUS. HE HIRED SOMEONE AND DELEGATED EVERYTHING WHICH WAS NOT IN HIS “VITAL FEW” CATEGORY. NOW EVERYTHING TRIVIAL WAS OFF OF HIS TABLE. HE PICKED THE CRUCIAL %20 AND DELEGATED THE REMAINING 80%. HE ALSO APPLIED THE 80/20 RULE TO HIS CLIENT BASE. WHAT HE FOUND WAS THAT 20 PERCENT OF HIS CLIENTS CONTRIBUTED 80 PERCENT OF HIS PROFITS. HE ALSO DISCOVERED THAT THE AMOUNT OF TIME SPENT ON A HIGH-PROFIT CLIENT WAS PRETTY MUCH THE SAME AMOUNT OF TIME SPENT ON A LOW-PROFIT CLIENT. [https://sevischool.com/wp-content/uploads/2020/04/rami-al-zayat-w33-zg-dNL4-unsplash-300x200.jpg]THE RULE APPLIES TO EVERYTHING YOU CAN IMAGINE. DON’T YOU FEEL LIKE YOU ARE USING ONLY 20% OF YOUR CLOSET? LADIES, HOW MANY SHOES DO YOU OWN, AND HOW OFTEN DO YOU GRAB THE SAME 20%? ON OUR SMARTPHONES, WE HAVE A LOT OF DIFFERENT APPS, BUT WE ONLY USE A FEW OF THEM. THE LIST COULD GO ON AND ON, AS THE PRINCIPLE IS VERY VERSATILE. THE POINT IS, TO REALIZE THAT YOU CAN FOCUS YOUR EFFORT ON THE 20% THAT MAKES A DIFFERENCE, INSTEAD OF THE 80% THAT DOESN’T ADD MUCH. [https://sevischool.com/wp-content/uploads/2020/04/sharon-mccutcheon-tn57JI3CewI-unsplash-200x300.jpg]HOW MANY TIMES YOU FIND YOURSELF TRYING TO FINISH UP THE UNVITAL STUFF ON YOUR DESK TO CARVE OUT MORE TIME FOR THE CRUCIAL THINGS. BUT, YOU END UP USING YOUR ENERGY AND YOUR FOCUS ON THE TRIVIAL MANY AND HAVE NOT LEFTOVER ENERGY AND COMMITMENT FOR THE VITAL ONES. THE RULE FOR THIS IS: RESIST THE TEMPTATION TO CLEAR UP SMALL THINGS FIRST. IF YOU CHOOSE TO START YOUR DAY WORKING ON UNIMPORTANT TASKS, IT WILL BECOME YOUR RITUAL TO WORK ON LOW-VALUE TASKS FIRST, AND YOU WILL NEVER GET THE REAL WORK DONE. AS ROBIN SHARMA STATES IT CLEARLY IN HIS “5 AM CLUB” BOOK – ‘AN ADDICTION TO DISTRACTION IS THE DEATH OF YOUR CREATIVE PRODUCTION. THIS BEHAVIOR IS COSTING ORGANIZATIONS BILLIONS OF DOLLARS IN LOST PRODUCTIVITY AND DEFICIENT QUALITY.’ [https://sevischool.com/wp-content/uploads/2020/04/marc-olivier-jodoin-TStNU7H4UEE-unsplash-300x200.jpg]IF YOU ARE AN ENTREPRENEUR, YOU CAN USE THE PARETO PRINCIPLE TO MAXIMIZE THE PERFORMANCE, NOT ONLY OF YOU BUT OF YOUR ENTIRE TEAM. PARETO APPROACH HELPS YOU TO UNDERSTAND WHICH PROJECTS ARE MOST IMPORTANT, WHAT ARE THE MOST IMPORTANT GOALS OF YOUR ORGANIZATION, AND DELEGATE, OR SIMPLY DROP THE REST. IT ALL BOILS DOWN TO YOUR GOAL TO YOUR BIG PICTURE. PARETO PRINCIPLE GIVES YOU MORE CLARITY AND GUIDES YOU ON HOW TO PRIORITIZE YOUR EFFECTIVE 20%, TO STAY FOCUSED ON YOUR STRATEGIC PLAN, AND SPEND LESS TIME CHASING ENDLESS OTHER STUFF. AND, PLEASE DON’T GET ME WRONG. I AM NOT SAYING THAT THE REMAINING 80% CAN BE SIMPLY IGNORED—IT MAY JUST REQUIRE LESS FOCUS OR DELEGATION. SEE WHAT ACTIVITIES GENERATE THE MOST RESULTS AND GIVE THEM YOUR APPROPRIATE ATTENTION. ONCE YOU REALIZE THAT 80% OF YOUR OUTCOMES COME FROM 20% OF THE TIME AND EFFORT YOU SPEND ON THEM, YOU UNDERSTAND HOW IMPORTANT IS PRIORITIZING AND USING YOUR TIME IN YOUR GENIUS. [https://sevischool.com/wp-content/uploads/2020/04/sushobhan-badhai-LrPKL7jOldI-unsplash-300x169.jpg]WITH THIS COVID 19 LOCKDOWN PERIOD AND THE NEW CHAPTER BEFORE US, WE CAN FLIP THE SWITCH ON MANY THINGS IN LIFE. THIS IS THE TIME FOR THE RESET, REBOOT. IT’S A BRAND NEW LIFE. RIGHT NOW, INSTEAD OF FREAKING OUT ABOUT WHAT’S GOING ON WITH OUR BUSINESSES OR WHAT’S GOING TO HAPPEN, IT’S TIME TO DIG IN. IT’S TIME TO REALLY MAKE OUR BUSINESSES FEEL INTENTIONAL. IT’S TIME TO SHAKE IT OFF AND FIGURE OUT WHAT IS TRULY IMPORTANT. I FEEL LIKE SO OFTEN WE WAIT UNTIL OUR SHIP IS SINKING TO FIGURE OUT WHAT TO THROW OVERBOARD. AND, RIGHT NOW WITH ALL THIS GOING ON IN THE WORLD AND WE FEEL LIKE OUR SHIP IS SINKING, AND SUDDENLY WE’RE LIKE OPS, “THIS IS NOT MY PRIORITY. THAT IS NOT ESSENTIAL NOW”. IT’S A GREAT TIME TO APPLY THE 80/20 PRINCIPLE. 20% OF OUR ACTIONS RESULT IN 80% OF THE IMPACT THAT WE MAKE. SO RIGHT NOW, WHAT’S THE 20% OF YOUR ACTIONS THAT’S REALLY MAKING THE BIGGEST IMPACT? LET’S LET GO OF THE “TRIVIAL MANY,” AND LET’S FOCUS ON “THE VITAL FEW” BECAUSE THIS IS HOW WE DO LESS BUT HAVE A THRIVING BUSINESS THAT CONTINUES TO SCALE AND GROW. IT’S NOT ABOUT DOING MORE IT’S DOING WHAT’S THE SMARTEST. WHEN WE SPREAD OURSELVES INSANE AND TRY TO DO EVERYTHING, WE END UP FEELING LIKE WE’VE ACCOMPLISHED NOTHING. SO LET’S USE THIS TIME AS OUR OPPORTUNITY TO REALIZE THESE THINGS WE THREW OVERBOARD, NEED TO STAY OVERBOARD, THESE THINGS IN THE BOAT THIS IS WHAT I WANT TO FOCUS ON. ARE YOU TRYING TO GROW YOUR CURRENT BUSINESS? WOULD AN 80/20 MINDSET HELP YOU TO STAY FOCUSED? I REALLY WOULD LIKE TO HELP YOU WITH THE PRINCIPLE AND SHOW YOU WHAT EXACTLY YOU SHOULD BE SPENDING YOUR TIME ON RIGHT NOW TO MAKE THE BIGGEST IMPACT AND HAVE THE GREATEST RESULT IN YOUR BUSINESS. IF YOU ARE SERIOUS ABOUT GROWING YOUR BUSINESS AND CARVING OUT MORE TIME FOR YOURSELF WHILE MAKING MORE MONEY THAN BEFORE, GO TO MY WEBSITE AND SCHEDULE AN APPOINTMENT WITH ME. I WOULD LOVE TO WORK WITH YOU AND HELP YOU FOCUS ON YOUR VITAL FEW AND SCALE UP YOUR BUSINESS. THERE IS A RESET RIGHT NOW IN OUR LIVES AND BUSINESSES. YOU MAY HAVE BEEN TRYING TO CHANGE YOUR JOB, OR YOU KNOW THAT YOUR CURRENT JOB WAS NEVER A GREAT FIT ANYWAY. THIS IS A GREAT TIME TO REDESIGN YOUR WORK IN LIFE IN THE WAY YOU WANT.
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