Pareto Principle
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When it comes to managing your time, there are four types of tasks:
- Those that require low competence and add low value.
- Those that require low competence and add high value.
- Those that require high competence and add low value.
- Those that require high competence and add high value (these tasks are where you should spend 80 percent of your time).
How does one identify ones areas of high competence and high value? Very often, by identifying which areas of the life we enjoy. Many successful people are those who have identified what they enjoy doing and spent most of their time doing just those things. When we enjoy doing something, we are also open to learning more about it; when we learn more as well as enjoy the activity, our performance improves. So to be successful, identify what you enjoy doing, find a way to incorporate it into your job, and then invest more and more time in that activity or job.