the 80/20 principle

The 80/20 Principle: The Secret to Achieving More with Less by Richard Koch

$
15.99
Recommended by MMM Podcast Host, Kyle Knowles. The 80/20 Principle, also known as the Pareto Principle, is the observation that in many situations, roughly 80% of the results come from 20% of the inputs. This principle can be applied to a wide variety of areas, including business, personal productivity, and even health and happiness.
https://www.amazon.com/80-20-Principle-Secret-Achieving/dp/0385491743/

Notes

For example, 80% of the profits in business may come from 20% of the customers. In personal productivity, 80% of your results may come from 20% of your time and effort. And in health and happiness, 80% of your well-being may come from 20% of your lifestyle choices.

The 80/20 Principle can be a powerful tool for identifying the most important focus areas and allocating your time and resources accordingly. You can achieve more with less effort by understanding where the 80/20 rule applies in your life.

Here are some of the key takeaways from the book:

  • The 80/20 Principle is a universal law that applies to all areas of life.
  • You can achieve more with less effort by identifying the 20% of inputs that produce the most results.
  • The 80/20 Principle can help you to focus on the most important things and avoid wasting time and energy on unimportant tasks.
  • The 80/20 Principle is a powerful tool for improving productivity, effectiveness, and well-being.