Healthy, Wealthy, & Wise

Healthy, Wealthy, & Wise

On Pareto

80/20

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Richard L. Johnson
Jan 28, 2023
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Pareto analysis for getting things done - Weekdone

For many events, roughly 80% of the effects come from 20% of the causes - Vilfredo Pareto

The 80/20 Principle applied to business has one key theme—to generate the most money with the least expenditure of assets and effort. This accounts for demising returns. But, what is the 80/20 Principle? The 80/20 Principle tells us that in any population, some thin…

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