The 80/20 Principle
#8020rule #Richard_koch #Animated_book_summary
The 80/20 Principle
The 80/20 Principle: The Secret to Achieving More with Less
The 80/20 Principle by richard Koch
In this video I have discussed the 80/20 Principle
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By using this principle you can get maximum results about 80% result just by 20% effort.
Vilfredo pareto was an Italian economist who discovered this rule during his study on wealth and income in England during the nineteenth century Later he pareto came to know that only 20% people have about 80% of wealth in England he matched this data with various other countries and found the same result i.e same results are found with exactly same mathematical precision the actual percentage can be vary like 70/30.. But the result is more less same.
This rule is applicable almost in every field of life.
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