Lesson 1 of 4
The 80/20 Rule
80% of results come from 20% of causes. Italian economist Vilfredo Pareto noticed 80% of Italy's land was owned by 20% of the population. The ratio shows up everywhere: 20% of customers generate 80% of revenue; 20% of bugs cause 80% of crashes. Find your 20% and go all in on it.
Source Pareto, V. (1896). Cours d'économie politique.
In practice: audit your time. Which tasks produce the most results? Double down on those and ruthlessly cut the rest. Most busy people are busy doing the wrong 80%.
Quick quiz
A sales team has 25 clients but 5 of them generate nearly all revenue. Applying the 80/20 rule, what should they do?
