07 May Increase Your Happiness Factor
What are your strengths?
In which areas do you not perform as well?
Are there ways you can delegate and give others the tasks that you are not as good at?
How can you tip the scales in order to increase your daily return of happiness?
It is okay to give responsibilities to others and increase your overall efficiency.
Think of this in terms of the 80/20 rule.
Are you familiar with it?
The 80/20 rule sounds like a mathematical formula and in some ways it is.
But don’t fret, this isn’t a lesson on statistics.
The rule came from an Italian economist, Vilfredo Pareto, who stated that 80% of the Italian income was earned by 20% of the Italian population.
What this means is that 80% of your outcomes come from 20% of your input.
To put this another way, 20% of your activities equate to 80% of your happiness.
Instead of focusing on income, we will focus on your overall well-being or happiness factor.
To prove this theory, look at the distribution of wealth.
Lately, with the shrinking of the middle class, it is even more apparent that a small portion of the population controls the majority of the economy.
Look at business.
The top earners are a small percentage of companies and earn the largest portion of income.
And if you look at your own habits, you most likely spend most of your income on a few things like your mortgage, car payment, food, etc.
You probably spend most of your time with a few people each day.
So how can you use the 80/20 rule to maximize your outputs?
Let’s look at John Maxwell.
He talks about the fact that he is only good at a few things.
Therefore, he doesn’t waste his time with those things he cannot do or does not want to do.
By focusing on what you are good at–those few things–and not waste time on those things you are not good at, you maximize your efficient self.
You are able to improve upon and increase your skill-set on what you are good at and what you love to do.
Malcolm Gladwell speaks of how to become an expert.
The common thread is spending 10,000 hours perfecting one’s craft.
If you spread yourself across the board, become a jack-of-all-trades, master of none; then your efficiency rate decreases and no longer will the 80/20 rule work in your favor.
Take a moment and consider what you love and what you are really good at.
Then, list out those things that cause you to waste time and decrease your efficient self.
If you are able, hire someone to do those tasks that fall on that list.
Share duties with your children, spouse, roommate, significant other, co-worker, team members, etc.
Trade your time and skill-set for theirs.
You will find that focusing on those 20% tasks, the 80% yield will be worthwhile.
How can you delegate and tip the scales in your favor?
Focus on increasing your efficiency.
And at the same time, increasing your happiness factor.
Spend less time on the things that drag you down or hold you back.
Instead, spend more time on the things you are skilled at.
Schedule your free call with me today and let’s work on the 80/20 rule and how it can apply to your daily life: https://www.tinammeitl.com/apply/
Let’s get REAL,
Just Me, Tina