The Pareto Principle

Now I’m going to ask you to look hard at your activities again, but from a different point of view.

You may already be familiar with the ‘Pareto Principle’ (also known as the 80/20 Rule), named after the 19th century Italian economist who first noticed the phenomenon that 80% of all results tend to be produced by 20% of all efforts.

So the theory goes that 20% of your clients provide 80% of your turnover. 80% of your problems come from just 20% of your experiences and so on. Does this fit in with the use of your time you have already observed?

Andy
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