admin Posted September 30, 2020 Report Share Posted September 30, 2020 https://loopvids.s3.amazonaws.com/Sept30Post.mp4 The idea of the Pareto Distribution, or sometimes known as the 80-20 rule is a pretty interesting concept. And one you can find everywhere, if you look. Basically, it says that 20% of any system will be responsible for 80% of the output of that system. That doesn't make a lot of sense, so let's consider some examples. If you have 50 sales people for a large company, then 20% of the sales people will make 80% of the sales. Or, if you've got a closet full of shirts, you'll wear 20% of them 80% of the time. But this doesn't just stop at 80 and 20. Within the top twenty, there is another 80-20. For example, if you look at a large book publishing company. 20% of the books will make 80% of the profits. But the top 20% of the top 20% (4%) will make 80% of the 80%, or 64%. This means 4% of those books will be making 64% of the profits. Of course, this goes even further. Twenty percent of that top 4% (.8%) will make 80% of that 64% (51%). This is true for most distributions. Intuitively, this makes sense. You think of all the thousands of books at any given publisher. But the top 2-3 authors, the Stephen King's and the John Grisham's, they make MOST of the profits. Now you COULD look at that stat, the 1% is making more than half the money, and claim that it's not fair. But this happens everywhere. There are three or four top athletes that make a TON of money. Compared to all the bench warmers and minor league players, the same distribution pops up. Consider that instead of screaming foul and waiting for SOMEBODY ELSE to "re-distribute" this naturally occurring phenomenon, consider a different approach. Namely, how can YOU get up into that top 20%? Plenty of studies show that we humans are self organizing. When they give a group of people any kind of task, the most common response is to look around and be TOLD what to do. Perhaps this is the TRUE meaning of this ever-present Pareto distribution. That it's not about the people on top, it's more about the people on the bottom. The folks who except to be spoon fed everything. The folks who expect guaranteed, step by step easy to follow plans. The people too terrified to leave the sidelines and get in the game. What if it's MUCH easier than most people realize to get up to the top? That the ONLY thing you REALLY need to do is stop waiting to be TOLD what to do, and just get in there and play? That all you need to do is CHOOSE to have a strong frame, and everybody will naturally follow? Learn More: https://mindpersuasion.com/mental-strength/ Quote Link to comment Share on other sites More sharing options...
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