#1754 - Q&A: What’s the 80/20 rule of side hustling?
Side Hustle School
Chris Guillebeau
4.7 • 3.3K Ratings
🗓️ 20 October 2021
⏱️ ? minutes
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Summary
Today’s listener is wondering about applying the Pareto principle to the world of side hustles. What can we learn—and what should we do differently as a result of this knowledge?
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Show notes: SideHustleSchool.com
Email: team@sidehustleschool.com
Be on the show: SideHustleSchool.com/questions
Connect on Instagram: @193countries
Visit Chris's main site: ChrisGuillebeau.com
Read A Year of Mental Health: yearofmentalhealth.com
If you're enjoying the show, please pass it along! It's free and has been published every single day since January 1, 2017. We're also very grateful for your five-star ratings—it shows that people are listening and looking forward to new episodes. 😎 🙏🏼
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Transcript
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| 0:00.0 | This show is sponsored by BetterHelp. This holiday season do something for a special person in your life. |
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| 1:04.9 | Hey there, what's up? Welcome. Thank you for tuning in today. You're listening to Side Usall School. |
| 1:10.2 | The only daily podcast, seven days a week, bringing you tips, stories, case studies, |
| 1:15.5 | all kinds of ideas, and of course answers to your questions about earning extra money |
| 1:20.3 | without quitting your job. Not just small amounts of extra money, but potentially establishing |
| 1:24.7 | a sustainable long-term project. Today's caller is wondering about the 80-20 rule. |
| 1:29.9 | They might be familiar with this. It originated from an Italian economist named |
| 1:33.6 | Bill Frado Pareto, who observed that 20% of pea pods in his garden produced 80% of the peas. |
| 1:40.9 | Those 20% of pea pods working really hard. Everybody else slacken off. |
| 1:45.4 | And the principle suggests that a small number of actions make up the majority of outcomes |
| 1:49.8 | in lots of situations, not just pea pods in your garden. So you can see examples of it in |
... |
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