Pareto Rule
[vc_row][vc_column][vc_single_image image=”27383″ img_size=”large”][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]Pareto noticed that people in his society seemed to divide naturally into what he called the “vital few,” the top 20% in terms of money and influence, and the “trivial many,” the bottom 80%.
He later discovered that virtually all economic activity was subject to this Pareto Principle as well.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_separator color=”sky”][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]For example, this rule says that 20% of your activities will account for 80% of your results. 20% of your customers will account for 80% of your sales. 20% of your products or services will account for 80% of your profits. 20% of your tasks will account for 80% of the value of what you do, and so on.
This means that if you have a list of ten items to do, two of those items will turn out to be worth as much or more than the other eight items put together.[/vc_column_text][/vc_column][/vc_row]