80/20 Rule

The Real 80/20 Rule

The Pareto principle (known as the 80/20 rule) states that for many outcomes, roughly 80% of consequences come from 20% of causes. How many times have you heard the 80/20 rule in conjunction with business, health, wealth, etc.? The implication associated with this is that 20% of your efforts produce 80% of the results. Interestingly,…
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July 24, 2024 0