104 of 107 people found the following review helpful:
5.0 out of 5 stars
Get What You Want out of Life with Less Effort and Less Time, June 15, 2005
This review is from: Living The 80/20 Way: Work Less, Worry Less, Succeed More, Enjoy More (Paperback)
Although I also liked his original book The 80/20 Principle, Richard Koch has done a much better job in applying Vilfredo Pareto's 80/20 principle to everyday life in Living the 80/20 Way. The 80/20 principle means that in any area of life a few (approximately 20 percent) are vital and many (approximately 80 percent) are trivial. The key is to focus your time and energy on the 20 percent of your work projects, friends, investments, and leisure activities that are really important.
As the author of the international bestseller The Joy of Not Working (over 200,000 copies sold and published in 16 languages), I can lay claim to a measure of success not attained by the majority of people in North America. In fact, not so long my net worth was minus $30,000. Yet today I have a comfortable net worth, work only four to five hours a day, and have an income in the top 20 percent of wage earners. To get there I have implemented the following principles, which in one way or another are emphasized and expanded on by Richard Koch in Living the 80/20 Way.
1. Put more effort into simplifying your life and less into complicating it.
2. Reject the adage that everything worth doing is worth doing well - striving for excellence where excellence doesn't matter is the stuff that misfits are made of.
3. Concentrate on the things that really matter and be oblivious to practically everything else.
4. If you work more than eight hours a day, you are in the wrong job - either that or you are doing it wrong.
5. The belief in the morality of hard work signifies a hard head.
6. Forget about security and focus on opportunity.
7. Live life on your own terms and not someone else's.
The material in this book can be much more valuable than an MBA if you would like to get what you want out of life without killing yourself for it. I should know. I have an MBA and have never found anything worth reviewing from the courses I took in the program. Yet I find Living the 80/20 Way a great resource for reminding me what helped me become successful. It is also a valuable reminder for how I can continue to work fewer hours than most people and be more successful at what I do than most people who work in the same field.
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57 of 58 people found the following review helpful:
5.0 out of 5 stars
The 80/20 Principle made more user friendly, December 5, 2005
This review is from: Living The 80/20 Way: Work Less, Worry Less, Succeed More, Enjoy More (Paperback)
Having read the 80/20 Principle by the same author, I found it extremely useful for putting into words what I have been doing for years with my actions and time management. His original book is great but several of those to whom I recommended it got bored, and didn't finish it, or they couldn't see how the business principles had any practical application to their own personal lives. The author acknowledges that this is why he wrote this current book which contains much of the same information as the original but repackaged to be easier to appreciate and apply. If you haven't read either book, I'd recommend this one because it covers most of the important points from the original book, plus adds useful applications to personal life. The numerous examples and exercises will probably prove useful to many readers who want to be more gently guided through these important concepts. I will say this, I agree so much with the principles of this book, that I've been applying them in my own life for many years now, even using exercises much like those presented by Richard Koch. I teach a course entitled "Working and Playing on Purpose," in which one objective is to motivate people to apply the 80/20 rule to their lives. The 80/20 Principle and the 80/20 Way definitely work. If you will read this book, do the exercises, and take action accordingly, I'm confident that you will see a dramatic difference in your life.
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45 of 51 people found the following review helpful:
4.0 out of 5 stars
80% of the information comes from the 1st (20%) book., March 19, 2005
This review is from: Living The 80/20 Way: Work Less, Worry Less, Succeed More, Enjoy More (Paperback)
If you already have read the "80/20 Principle" by the same author, then this book will provide you with only 20% additional information. Mind you, the "80/20 Principle" contained 80% of the most valuable information you need to know about the 80/20 Principle. If you have yet to read the first book, however, this book will contain most of the valuable information contained in the first one and some more.
The additional 20% information is related to how you can APPLY the 80/20 principle to improve your life. Most of it is common sense, but it may help some. The author claims he wrote this book becaue one man told him he couldn't understand the 80/20 principle. If you are one of those, this book is a better read than the "80/20 Principle" since this book seems to be written for those with 8th grade reading level.
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