The Pareto principle (also known as the 80:20 rule and the law of the vital few) states that, for many events, roughly 80% of the results come from only 20% of the activity... i.e. it suggests you waste 80% of your effort right now... Could this be the most profound principle in business (and life)? Find out what I've uncovered thus far on my 80:20 for entrepreneurs page here.
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