The 80/20 Principle
by Richard Koch
The 80/20 Principle can be found all around us. 80% of the profit is made by 20% of the companies. 80% of the work is completed by 20% of the team. 80% of all pizza is ordered by 20% of the population. 80% of sales come from 20% of clients. The list goes on and on.
One of the keys to success is knowing how to achieve more with less. The 80/20 principle teaches us to systematically find and focus on the 20% that matters.