Basically, the Pareto principle states that 80% of your outcomes result from just 20% of your effort. The principle was coined by consultant Joseph M. Juran in the 1940s and he named it after a ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Robert Kelly is managing director of XTS ...

Opinions expressed by Entrepreneur contributors are their own. Whether you’re a seasoned vet or just launching your first business, I’m sure you’ve at least heard of the 80/20 Rule, aka the Pareto ...

When working a 9-to-5 job, you don't get as much freedom to make important business decisions. You also tend to feel as though there is not enough time in the day for both your side business and your ...

The 80/20 principle offers a realistic approach to healthy living, allowing for 80% healthy eating and 20% indulgences. This ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. If you’ve spent any great length of time in marketing or sales, then there’s a good chance ...

I don’t remember exactly when I first read about the Pareto principle, but I’m certain I did not understand it early in my career. It wasn’t until I was running a multimillion-dollar company in which ...

Opinions expressed by Entrepreneur contributors are their own. Pareto’s Principle, often called the “80/20 Rule,” is a foundational principle of productivity, as itapplies in a thousand different ways ...