Common Sense In Business Using the 80/20 Rule

  I think most people have heard of the 80/20 rule, also known as the Pareto Principle … basically that 80% of the effects come from 20% of the causes. In business it is often that case that 80% of revenues come from 20% of the clients.  It can also be suggested that 80% of your problems come from 20% of your clients. Jim Rohn would suggest, “Spend 80% of your time with the 20% that produce the most.” In a perfect world you might ...
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