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Pareto principle

Roughly 80% of results come from 20% of the effort. Also called the 80/20 rule.

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Price your time, activities and goals.Free on iPhone. Private by design.

What it means

Named after economist Vilfredo Pareto. The ratio varies, but the pattern holds: a few activities produce most of the value.

Pricing your time shows which 20% to protect and which 80% to cut or delegate.

Example

Jordan earns $150,000 and is aiming for $250,000. 2,080 working hours a year.
A 50-hour week10 high-value hours
Those hours at the goal rate$1,202

In Time Valuer

Compare what different activities are worth with Time Valuer profiles, and spend more of your week on the few that pay most.

Related terms

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Questions and answers

What is the Pareto principle?

Roughly 80% of results come from 20% of the effort. Also called the 80/20 rule.

Know what every hour is worth. Download Time Valuer for iPhone.

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