I have often it heard said, “about twenty percent of the
people do eighty percent of the work.”
It seems that may
carry over to other areas of life as well.
Vilfredo Pareto, an
Italian economist, created a mathematical formula in 1906, to describe the
unequal distribution of wealth in his country, observing that twenty percent of
the people owned eighty percent of the wealth.
Since that time, others attributed this 80/20 rule to Pareto
and now refer to it as, “The Pareto Principle.”
HOW CAN THE PARETO PRINCIPLE
HELP YOU?
In other words…
simply said -
Focus your energy on the
top 20 percent
of what allows you to
accomplish 80 percent of your goals.
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