His message concerns wasted time and the expansion of unnecessary bureaucracies in business organizations and governments . When people and institutions spend other people ’ s money , they have a natural incentive to be inefficient and extend the time for completion . Consuming assets rather than getting results is generally their motive .
“ An official wants to multiply subordinates , not rivals .” “ Officials do work for each other .” “ The number of employees will expand 57 % per year , irrespective of any variation in the amount of work ( if any ) to be done .”
To sum up , most of us misallocate our daily activities . While 20 % of our activities account for 80 % of the results , 80 % only achieve 20 % of the intended results .
• 20 % of loan salespeople produce 80 % of the income .
• Conversely , 80 % of loan salespeople make 20 % of the available income .
• 20 % of the lender companies control 80 % of the market share .
• 80 % of the lender companies control 20 % of the market share .
Most companies and bureaucracies allocate 80 % of the available resources to the least effective 20 % of activities . Bureaucracies such as the government are not motivated by performance or results but by consuming assets , so next year ’ s budget is equal to or greater than this year ’ s . They strive for more funding and accumulate more subordinates , no matter how trivial the jobs are . Makework jobs , or otherwise , constantly grow .
Quality of loan leads :
• 80 % of the profits in our loan leads will result from 20 % of our lead base .
• 20 % of the profits in our loan leads will result from 80 % of our lead base .
• Satisfaction and dissatisfaction are consistent with the 80 % 20 % rule .
• 80 % of our happiness comes from 20 % of our relationships , both in business and personal lives .
• 80 % of our dissatisfaction comes from 20 % of our relationships , both in business and personal lives .
Eliminate superficial relationships with negative attitudes and repeatedly expressing destructive opinions .
Mutual respect and dignity are necessary ingredients for longterm relationships . That includes respecting the time value of others .
I love critical views from people who have no skin in the game and don ’ t care . They believe that they are innately intelligent and informed ! Their opinions are always without forethought or consideration for anyone else ’ s views . No other opinions matter : they are the messiahs , the “ anointed ones ” who possess it all . Selfrighteousness is their claim to moral superiority . Insecurity is their proper foundation .
Acquaintances who do not share our positive attitude about life and our value system are usually negative pains in our neck ( a * s ) and should become exfriends . The same goes for ( online superficial friends ) parasites we have never met but always express their unintelligent , emotional , and irrelevant opinions . These parasites tend to express their ideological views and attempt to sway others to their way of thinking , which is always a 100 % waste of time .
Of course , their knowledge is sciencebased , spoonfed information , according to the propaganda machine on mainstream media news , ABC , CBS , CNN , MSNBC , BBC , and FOX . The same goes for obnoxious and opinionated coworkers and employees . Does anyone care about their superficial opinions outside their selfsubscribed microcosm ? Who cares ? Not Me ! It is tiring to deal with stupid . Eliminating cluttered relationships from our personal and business spheres will provide tranquility , dignity , and positive results .
Suggestion for a time / value system of daily activities with variable time importance for each activity :
Leveraging time will create more free time . Some of our daily activities can be eliminated , consolidated , or delegated . We can use others and technology to leverage our time , talents , and skills . Others may be associates , employees , or independent contractors .
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