Blog

FIND YOUR PLACE IN THE 80/20 FUTURE

Posted by on Nov 7, 2017 in Blog | 0 comments

FIND YOUR PLACE IN THE 80/20 FUTURE

1: ONLY WORK IN NETWORKS The future belongs to networks.  Therefore only work in a network business or a not-for-profit network. Networks thrive on positive feedback – the famous get more famous, the rich get richer, leading companies become virtual monopolies, and the skilled specialist goes further and further ahead of her less experienced rivals. Networks exhibit galloping 80/20.  Network business comprise a small proportion of total businesses; yet they generate most of the money to be had in business.  If you work exclusively in...

read more

WHICH TYPE OF CAREER WILL MAKE YOU HAPPIEST?

Posted by on Oct 24, 2017 in Blog | 0 comments

WHICH TYPE OF CAREER WILL MAKE YOU HAPPIEST?

You should certainly be clear about what you enjoy doing, and whether you can incorporate this into your career.  But ‘what’ you do is only one element in the equation.  Consider also the work context within which you operate and the importance or relative unimportance to you of high professional achievement. These may be more important than the ‘what’ in leading to happiness at work. Where do you stand on two dimensions: Do you have a high drive for achievement and career success? Most people would automatically say ‘Yes’, but...

read more

YOU CAN ALWAYS GET WHAT YOU WANT

Posted by on Oct 10, 2017 in Blog | 0 comments

YOU CAN ALWAYS GET WHAT YOU WANT

Work out what you want from life.  In the 1980s phrase, aim to ‘have it all’.  Everything you want should be yours – the type of work you want; the relationships you need; the social, mental and aesthetic stimulation that will make you happy and fulfilled; the money you require for the lifestyle that is appropriate to you; and any requirements that you may (or may not) have for achievement or service to other people. If you don’t aim for it all, you’ll never get it all. To aim for it requires that you know what you want. Yet most...

read more

IS SUCCESS LUCK OR SKILL?

Posted by on Sep 26, 2017 in Blog | 6 comments

IS SUCCESS LUCK OR SKILL?

People who’ve been successful generally believe their skill was paramount, though they may qualify it with a joke, as with Jeff Bezos’ comment on Amazon’s success – “half luck, half good timing, and the rest brains”.  Most other people believe there’s a lot of luck involved. Who is right? The Case Against Luck Serial Entrepreneurs. Peter Thiel co-founded PayPal and Palantir, as well as funding Facebook, SpaceX, and LinkedIn. Elon Musk, Jack Dorsey, and Steve Jobs created several companies worth billions.  More modestly, I...

read more

ARE EMOTIONS US?

Posted by on Sep 12, 2017 in Blog | 2 comments

ARE EMOTIONS US?

The psychiatrist Prof Steve Peters – as he calls himself, with a nice blend of authority and informality – has suggested that our emotions are not really “us”.  In his excellent bestseller, The Chimp Paradox, he presents a simplified model of the human mind, which “has two independent thinking machines” – the human and the “chimp”.  “The human,” he says, “is you, and lives in your frontal lobe”.  But “The Chimp is your emotional machine, given to you at birth, and it lives in your limbic system.”  He says...

read more

BEING FREE

Posted by on Aug 29, 2017 in Blog | 1 comment

BEING FREE

THE 80/20 PRINCIPLE, like the truth, can make you free.  You can work less.  At the same time, you can earn and enjoy more.  The only snag is that you need to do some serious 80/20 Thinking.  This will yield a few insights that, if you act on them, could change your life. The catch is that you must do the thinking.  You must edit and elaborate what is written here for your own purposes.  But this shouldn’t be too hard. The insights from 80/20 Thinking are few in number but very powerful.  Not all of them will apply to you so if one...

read more

WHEN 80/20 BECOMES 90/10

Posted by on Aug 15, 2017 in Blog | 0 comments

WHEN 80/20 BECOMES 90/10

NOT SO VERY long ago, in 2007 actually, the world of mobile phone makers was placid and predictable.  It was typical 80/20.  There were lots of phone manufacturers, but five of them – Nokia, Samsung, Motorola, Sony Ericsson, and LG – had 90 percent of worldwide profits. Between 2007 and 2015, everything changed, courtesy of an entirely new entrant.  Apple with its iPhone not only reached the top table, but like Jesus in the temple, overturned the tables of the existing traders and drove them away.  By 2015, Apple had grabbed 92 percent...

read more

SUCCESS THROUGH 80/20 NETWORKS

Posted by on Aug 1, 2017 in Blog | 0 comments

SUCCESS THROUGH 80/20 NETWORKS

“Network society represents a qualitative change in the human experience” Manuel Castells, Spanish sociologist Why does the 80/20 principle work so well and so well everywhere?  When I first wrote the first edition of The 80/20 Principle back in 1997, I didn’t know the answer.  I quoted economist Josef Steindl – “For a very long time, the Pareto law has lumbered the economic scene like an erratic block on the landscape – an empirical law which nobody can explain.” But now I think can explain it, and that excites me. It’s...

read more

FOUR WAYS TO BE HAPPY (AND ONE THAT WON’T WORK)

Posted by on Jul 19, 2017 in Blog | 1 comment

FOUR WAYS TO BE HAPPY (AND ONE THAT WON’T WORK)

This week I got a surprise – apart from breaking my arm in a cycling accident in Lisbon.  The more important and lasting surprise came from re-reading Charles Murray’s splendid 2012 book Coming Apart.  The book is a convincing and depressing account of how the values and lives of the upper and lower classes in America have diverged since 1963.  But then along comes a really fascinating chapter about happiness, which I think can help make anyone substantially happier. And it’s all based on US social science data, starting with...

read more

A NEW MODEL OF HOW TO TAP THE UNCONSCIOUS MIND

Posted by on Jul 4, 2017 in Blog | 5 comments

A NEW MODEL OF HOW TO TAP THE UNCONSCIOUS MIND

Most books about the unconscious make using it complicated.  But I think it’s very simple:   Stage 1 – Conscious Thought Stage 2 – Input to Unconscious Stage 3 – Output from Unconscious   Stage 1 – Conscious Thought What precisely do you want to achieve? Let us say, for example, that you want to find creative solutions to a problem or issue involving your work, career, or personal life.  Here are my rules: Select only one issue at a time. You must really care about getting the answer. Chances are it’s a “how to”...

read more