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PhilosophersNotes on The 80/20 Principle by Richard Koch | |||||
“The 80/20 Principle, like the truth, can make you free. You can work less. At the same time, you can earn more and enjoy more. The only price is that you need to do some serious 80/20 thinking.” ~ Richard Koch from The 80/20 Principle
We’ve all been exposed to the 80/20 Principle at some point in our lives: The principle states, quite simply, that 20% of efforts lead to 80% of results. Whether you know it as the “Pareto Principle” or the “Principle of Least Effort,” it’s an incredibly powerful concept. Although many authors discuss the 80/20 Principle as a core component of their time management and self-development programs, Richard Koch (a former Bain & Co and BCG Consultant) provides an entertaining and practical application of the theory in his book The 80/20 Principle: The Secret to Success by Achieving Less.
In this PhilosophersNote, we’ll take a peak at where the 80/20 principle came from, all the places we can see it operating in our lives, and, most importantly, how we can apply it to our lives today to create more profitable businesses, better time management and even more fulfilling relationships!
--> Get this title + 99 more. Only 49 bucks!
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--> If not now, when? Get the Note on The 80/20 Principle + 99 more for only 49 bucks!
