The 80/20 Principle

By: Richard Koch   

Pages: 284

Non Fiction, Self Help

My recommendation: 8 / 10

Date read: Before 2013

Brief review: The 80/20 principle has made a remarkable impact on my life and working. The assumption of this principle is that roughly 80% of the effects come from 20% of the causes. For eg. 80% of sales come from 20% of the relationships, 20% of lawyers win 80% of the cases and 80% of the world's wealth belongs to 20% of the population. This principle was named after an Italian economist named Vilfredo Pareto who first noted the connection between 80/20 in 1896. Numerous books have been written on the subject but I guess this one written by Richard Koch is among the best. A must read to make a remarkable change in your life.