Tags » 80-20 Rule
Pareto’s principle states that, for many phenomena, 20% of input is responsible for 80% of the results obtained. It is also known as 80–20 rule. Italian economist Wilfred Pareto created a mathematical formula in 1906 to describe the unequal distribution of wealth in his country. 136 more words
The 80/20 Rule is a potent little principle that can increase your business revenue and make your life easier.
The gist of the 80/20 Rule is that you get 80 percent of your results out of 20 percent of your efforts. 71 more words