Financial Blog
Financial Education • Real-World Planning • Practical Business Tools
The Pareto Principle: How 20% of Your Time Impacts 80% of Your Business
Better known as the "vital few and trivial many," the 80/20 principle states that 80% of consequences stem from 20% of causes. Understanding the psychology and implications of the Pareto Principle can help your business tremendously – and can be applied to nearly every part of your business and personal life.