Indexed Notes by Topic
Diminishing Returns
Examples:
- Achieving 80% might cost less energy and effort than the final 20%, which will certainly cost more than the first 20%.
Pareto Principle
Examples:
- If you have 100 customers, the top 20 will provide 80 percent of your business - focus on them.
Insights:
- By focusing attention on the top 20 percent of all priorities, you get an 80 percent return on your effort.
- A to do list of 10 items will contain 2 that will give you a 80 percent return on your time.