Pareto Principle



My son and I attended a presentation from a company representing Amazon a business with a net worth of over a trillion dollars. That fact alone got me interested in getting more knowledge about The Amazon mission statement. I could see that they make a lot of money. But I was looking for more. I found it when the speaker spoke about the 80/20 rule or simply stated the Pareto Principle.

This is how it goes: Everything around us follows an interesting pattern. For example, if you have five pairs of shoes you only wear one pair most of the time. 20% of the people in the world control 80% of the wealth. Of ten things you do today will only two will generate most of your desired results. In school, 20% of the content of the class teachings are the core principles. Those principles will make up 80% of…

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About serius1058

I am a 64year old male. I live in California. I continute to blog as a way to give my opinion on things that I read about. I am a baby boomer and I feel that because of the life I have experienced, and the times we are living through the need to be examined with a critical eye. I feel this is my purpose in life. Live,learn, and comment. I will attempt to make this happen.
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