
The 80/20 Principle

But it is very rarely true that 50 percent of causes lead to 50 percent of results. The universe is predictably unbalanced. Few things really matter. Truly effective people and organizations batten on to the few powerful forces at work in their worlds and turn them to their advantage.
Richard Koch • The 80/20 Principle
It is important to focus on what you find easy. This is where most motivational writers go wrong. They assume you should try things that are difficult for you;
Richard Koch • The 80/20 Principle
The predominant type of thinking in today’s world is very closely allied to immediate action and consequently is greatly impoverished. Action drives out thought. Our objective, as 80/20 thinkers, is to leave action behind, do some quiet thinking, mine a few small pieces of precious insight, and then act: selectively, on a few objectives and a narro
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The Top 10 highest-value uses of time 1 Things that advance your overall purpose in life 2 Things you have always wanted to do 3 Things already in the 20/80 relationship of time to results 4 Innovative ways of doing things that promise to slash the time required and/or multiply the quality of results 5 Things other people tell you can’t be done 6 T
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HINT 5: BECOME JOYFULLY, USEFULLY UNIQUE
Richard Koch • The 80/20 Principle
Juran’s path-breaking Quality Control Handbook was first published in 1951 and extolled the 80/20
Richard Koch • The 80/20 Principle
10 golden rules for career success 1 Specialize in a very small niche; develop a core skill 2 Choose a niche that you enjoy, where you can excel and stand a chance of becoming an acknowledged leader 3 Realize that knowledge is power 4 Identify your market and your core customers and serve them best 5 Identify where 20 percent of effort gives 80 per
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Both chaos theory and the 80/20 Principle assert (with a great deal of empirical backing) that the universe is unbalanced. They both say that the world is not linear; cause and effect are rarely linked in an equal way. Both also place great store by self-organization: some forces are always more forceful than others and will try to grab more than t
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But profitability is only a scorecard providing an after-the-fact measure of a business’s health. The real measure of a healthy business lies in the strength, depth, and length of its relationship with its core customers. Customer loyalty is the basic fact that drives profitability in any case.