InterestingAdvice
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2023-01-04T06:05:00.000Z

Pareto principle

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by Baigalmaa
Sugar.mn staff
Pareto principle
It is said that 20% of the food consumed by people becomes 80% fat, 20% of the neighbors, 80% of the noise, 20% of the employees, 80% of the work, etc., are ruled by the 80/20 ratio in life. In 1897, Pareto, a famous Italian economist of that time, determined that 20% of all English families owned 80% of the country's money and studied this ratio selectively. The green peas growing in the garden also yielded 80% of the 20%. The Pareto principle shows that life moves because there is always an important and useful 20%, in any case, and it is aimed at being able to choose the most important from the problems of life and work.

- For businessmen, 20% of customers make 80% of profits. We pay attention to those people and work based on them.
-Students: 20% of textbook pages contain 80% of useful information. It is necessary to pay attention to this 20% and move on to the next new book.
- For us, all our daily goals and actions are not so important. If there are 10 tasks planned today, only 2 are the most important.
So when planning your work, focus on finding the most important things and make your life easier.

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