64. The 80/20 Principle: Upgrade Your Impact By Focusing on The Right Things
“We all get 24 hours in a day…it’s up to us as to what we do with those 24 hours.” - Sam Huff You may have heard that quote before, maybe in a different way or from another person, but the message remains the same. We have the same 24 hours that the most successful people in the world have, so what’s the difference between them and us? Before you say “money” or “connections”, think about this. Where are you wasting time the most? If you’ve ever felt overwhelmed and drained by your schedule, or you’ve felt like the amount of work you are putting day in and day out is not creating the results you want, then hit play. Because today we uncover the best way to achieve more by doing less in every area of your life. Welcome back to the Unlimited Potential Show! In today’s episode, we talk all about the 80/20 principle and how it can save you time, effort, and frustration. This isn’t just some hack or genie in a bottle that promises results with no rewards. This principle is already at work in your life, you just may not have noticed it yet. Did you know that most companies make 80% of their profit from 20% of their clients and that 80% of their clients only bring in 20% of the profit? It sounds crazy but it’s true. If companies spent more time on the 20% that was buying and less time on the 80% that wasn’t, then logically, it’s safe to say their profits would increase. However, this principle goes deeper than just business and products. Join us as we talk about how you can find the 20% in your life and start making the impact you’ve always dreamed of. From work to passions and even relationships, you’ll get actionable steps to pinpoint the priorities in your life and start focusing on the stuff that matters. You’ll hear real-life examples of how the 80/20 principle has made a more fulfilling and intentional life for so many people. So, why not you too? You ready? Let’s go! Hit play to start changing your life today. For more resources or to connect with us, check out the links below! More Of What’s Inside: Why tech companies are so innovative Understanding the compound effect in real life Pay attention to how you spend your time How to find your 20% Why your relationships can make or break you The #1 skill we all should have when it comes to success Find the things that light your spirit on fire The importance of finding your niche How to speak in your partner’s love language Actionable steps to try this principle in your life And much more! Episode Related Links: Book: The 80/20 Principle Book: How to Win Friends And Influence People Book: The One Thing Book: The 5 Love Languages Tim Ferris’ Blog: https://tim.blog/ Learn More About: Apple Airtag: https://www.apple.com/airtag/ Vilfredo Pareto: https://en.wikipedia.org/wiki/Vilfredo_Pareto The Printing Press: https://en.wikipedia.org/wiki/Printing_press Jordan Peterson: https://www.jordanbpeterson.com/ Tony Robbins: https://www.tonyrobbins.com/ Gary Vaynerchuk: https://www.garyvaynerchuk.com/ Steve Jobs: https://en.wikipedia.org/wiki/Steve_Jobs Mark Cuban: https://en.wikipedia.org/wiki/Mark_Cuban Grant Cardone: https://grantcardone.com/ Richard Koch: https://richardkoch.net/ Private Facebook Community: www.facebook.com/groups/unlimitedpotentialpodcast Personal Websites: morrellfirm.com ramcheruvu.wixsite.com/doctorram Youtube Channel: www.youtube.com/channel/UCtSIgawdfsNk0bk4Rwotz7w Social Media: www.linkedin.com/in/doctorram https://www.linkedin.com/in/christopher-morrell Episode Minute By Minute: 0:02 - A peek into the episode! 0:49 - What we cover today 1:48 - Your answer to missing car keys 5:06 - The beginning of the topic 8:58 - What exactly is the 80/20 principle? 13:19 - Why winners will always be winners 17:29 - Working hard doesn’t always mean great results 21:43 - The possibilities of the 80/20 principle 24:36 - Finding your way to fulfillment 30:06 - You can’t be an expert in everything 36:33 - Learn the formula for success 41:13 - The 80/20 principle in your friendships 49:47 - How to have a happy marriage (or dating life) 53:15 - Do more with less time, now 57:13 - Closing thoughts