The 80/20 Principle: Book Review

Jim Hogan reviews the book — The 80/20 Principle: The Secret to Success by Achieving More with Less by Richard Koch

This is one of the few books I have borrowed from the library and then gone to a bookstore to purchase a copy for my bookshelf. I love this book for its mind-expanding qualities – it is inspirational and provides food for the imagination. Written in an easy style, Richard Koch is both edifying and entertaining. I especially like what he has to say about time. In particular:

  • Time is not the enemy. If we make good use of only 20% of our time, there is no shortage of it.
  • Time gone is not time lost.
  • We should aim to collaborate with time: ‘Insight and value are likely to come from placing ourselves in a comfortable, relaxed and collaborative position towards time.’ [p163]
  • Action drives out thought. It is because we have so much time we squander it.
  • Be eccentric and unconventional with time – you can not conform to everyone’s wishes.
  • Under no circumstances give everyone a fair share of your time …

You may need to read the book to see how he came to some of these conclusions!

Whenever I find myself busy beyond belief it is good to be reminded that most of what I am doing is of little importance. However – when faced with one of those moments (or decisions) that are much more valuable than all the rest – it is helpful to be reminded, and encouraged, to ‘do something radical and stop tinkering around the edges‘.

I bought this book so I could refer to it whenever I feel I have lost focus and need some sage advice. This book does not contain all the answers, and the theory only works to a point, but nonetheless it is a terrific ‘thought jump starter‘ and I highly recommend it.

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