Better Business, Better Life

Pareto Principles - The 80/20 Rule


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Today on the podcast, Ethan, my south Island counterpart and I discussed how the Pareto principles could be applied in your business and the decisions you make on how to move forward. For those who don't know, the Pareto principle states that roughly 80% of consequences come from 20% of causes for many outcomes. Other names for this principle are the 80/20 rule and the law of the vital few.

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Better Business, Better LifeBy RightWay Ltd