Analytics
- The 80/20 rule, also known as the Pareto principle, suggests that roughly 80% of results come from 20% of efforts.
- It originated when an Italian economist observed that 20% of pea plants produced 80% of peas. This principle applies widely, like in sales where 20% of customers generate 80% of profits.
- Focus on the critical areas of your business or life that give the most significant results.
- Ultimately, understanding and applying the 80/20 rule can help you work smarter, not harder, towards your goals.
