Managing Your Business Efficiently With Pareto’s Principle
Business Development
463 week ago — 1 min read
Pareto’s Principle or the 80/20 rule is named after Vilfredo Pareto, an Italian economist, who first observed that the wealth distribution in his country was unequal, whereby 20 percent of the people owned 80 percent of the wealth.
The theory states that 80 percent of the results come from 20 percent of the total effort. It is beneficial for business owners as they strive for maximum results in less time and effort.
On this #EntrepreneurMonday, we explain how 80/20 rule can be beneficial for your business growth through the video below:
Posted by
GlobalLinker StaffWe are a team of experienced industry professionals committed to sharing our knowledge and skills with small & medium enterprises.
View GlobalLinker 's profile
SME Inspirations
Other articles written by GlobalLinker Staff
Declutter Your Business the Marie Kondo Way
33 week ago
Most read this week
Comments
Please login or Register to join the discussion