The 80/20 Principle

By learning how to identify and leverage the 80/20 principle, individuals can become more effective with less effort. The 80/20 principle states that 80 percent of all results in business and life stem from a mere 20 percent of our efforts.

This principle is one of the great secrets behind the success of highly effective people and organizations. For instance, did you know that 20 percent of customers account for 80 percent of revenues, and that 20 percent of our time accounts for 80 percent of the work we accomplish?

The 80/20 Principle shows how we can achieve much more with much less effort, time, and resources, simply by identifying and focusing our efforts on the 20 percent that truly matters. Although this principle has long influenced the business world, author Richard Koch reveals how it can be used in a systematic and practical way to vastly increase our effectiveness and improve our careers and companies.

The unspoken corollary to the 80/20 principle is that little of what we spend our time on actually counts. By concentrating on the things that do matter, we can unlock the enormous potential of the magic 20 percent and transform our effectiveness in our jobs, careers, businesses, and lives.

The 80/20 principle is a powerful tool that can help us achieve more with less. By identifying and focusing on the vital few activities that drive the majority of our results, we can optimize our time and resources, and become more productive and successful in all areas of our lives.

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