The 80/20 Principle

 The 80/20 Principle, developed by Vilfredo Pareto, is often used in sales and marketing statistics.

For instance The 80/20 Principle might reveal that 80% of your turnover is derived from 20% of the user base. Perhaps only 20% of your profit comes from 80% of sales or perhaps 80% of your profit comes from just 20% of the customers.

 Not necessarily 100% specific but quite near enough to give food for thought when analyzing your time, money and resource utilization. The key to profiting from Pareto’s Law of The 80/20 Principle is to identify its existence in any given situation and act appropriately. So, if you can locate your own critical 20% you will transform the effective use of your time and lifestyle; for ever.

In his penetrating analysis of the The 80/20 Principle Richard Koch reveals the mysteries of this amazing principle and just how they work and how they can be applied to your life.

Richard Koch examines The 80/20 Principle and arrives at these conclusions:

• How to find the all-important 80/20 in your life
• Is time-management a myth?
• How to lose the guilt of not working hard
• Six things 80/20 advocates do differently
• How to make 80/20 work for you
• The 80/20 Principle can increase your income
• Why remain a wage slave?

The implicit effect of The 80/20 Principle is that you must concentrate on the those things of consequence in your life. Then, and only then, will you unlock that vast potential of the 20% which will add to your life and create a happy and joyous fulfillment.

Systematically applied, The 80/20 Principle will become the lynch pin of your being and provide the power you need to rise above the demands of contemporary life…so there’s a lot more than meets the eye in Mr Pareto’s The 80/20 Principle.