If we did realize the difference between the vital few and the trivial many in all aspects of our lives, and if we did something about it, we could multiply anything that we valued.
Richard KochChose the niche that you enjoy, where you can excel and stand a chance of becoming and acknowledged leader.
Richard KochTo get useful new ideas, we must go beyond our immediate circle and make contact with distant parts of the social system.
Richard KochIt is not that we are short of time....It is the way that we treat time, even the way that we think about it. A time revolution..is the fastest way to make a giant leap in both happiness and effectiveness.
Richard KochIt is not shortage of time that should worry us, but the tendency for the majority of time to be spent in low-quality ways.
Richard KochThere is no rush. If we think intelligently about what we can achieve with our time, we can be relaxed, even lazy. In fact, being lazy - having plenty of time to think - may actually be a precondition for achieving a great deal.
Richard KochWhat could you achieve that would make you proud, that no one else could do with the same ease?
Richard KochInstead of expending time to train yourself not to be afraid of snakes, avoid them altogether.
Richard KochUse all the willpower at your disposal to make yourself happy. Construct the right stories about yourself - and believe them!
Richard KochThere is no shortage of time. In fact, we are positively awash with it. We only make good use of 20 per cent of our time.... The 80/20 principle says that if we doubled our time on the top 20% of activities, we could work a two-day week and achieve 60 per cent more than now.
Richard KochMake the choice that you want to be happy. You owe it to yourself and you owe it to other people too.
Richard Koch80% of the results come from 20% of the causes. A few things are important; most are not.
Richard KochWe tend to think of innovation as difficult, but with the creative use of The 80/20 Principle innovation can be both easy and fun!
Richard KochIf we want to sum up the theory of evolution by natural selection in two words, which have great relevance for all societies and businesses, we should simply remember: diversity works.
Richard KochMost of us don't work out what we want. And most of us end up with lopsided lives as a result.
Richard KochThe key is to work out the few things that are really important, and the few methods that will give us what we really want.
Richard KochThe road to hell is paved with the pursuit of volume. Volume leads to marginal products, marginal customers, and greatly increased managerial complexity.
Richard KochOur current use of time is not rational. There is therefore no point in seeking marginal improvements in how we spend our time. We need to go back to the drawing board and overturn all our assumptions about time.
Richard KochTo be strategic is to concentrate on what is important, on those few objectives that can give us a comparative advantage, on what is important to us rather than others, and to plan and execute the resulting plan with determination and steadfastness.
Richard KochThe few things that work fantastically well should be identified, cultivated, nurtured, and multiplied.
Richard KochI make it a personal rule never to do anything that I don't really care about. It is surprising how much this cuts out.
Richard KochConventional wisdom is not to put all of your eggs in one basket. 80/20 wisdom is to choose a basket carefully, load all your eggs into it, and then watch it like a hawk.
Richard KochFew people take objectives really seriously. They put average effort into too many things, rather than superior thought and effort into a few important things. People who achieve the most are selective as well as determined.
Richard KochThe 80/20 Principle, like the truth, can make you free. You can work less. At the same time, you can earn more and enjoy more. The only price is that you need to do some serious 80/20 thinking.
Richard KochLaziness is the road to progress, but only when it is allied to intelligent thought and high ambition.
Richard Koch