Tag: Pareto’s principle
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The Pareto Principle: 80/20 rule
Life is all about rules unfortunately. Some make complete sense; some make law and by today’s standard are completely nonsensical. Some however, like Pareto’s Principle, are genius. It basically states that roughly 80{97de8d2e860196f43620abbbd870152438d0e1a3bef5042cd7be1942d94df9d0} of the output is derived from 20{97de8d2e860196f43620abbbd870152438d0e1a3bef5042cd7be1942d94df9d0} of the input. Or alternatively: 80{97de8d2e860196f43620abbbd870152438d0e1a3bef5042cd7be1942d94df9d0} of the progress/work is done in 20{97de8d2e860196f43620abbbd870152438d0e1a3bef5042cd7be1942d94df9d0} of the…
