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294 of 302 people found the following review helpful
5.0 out of 5 stars If you only read five books, this should be one: 80/20, January 22, 2003
This review is from: The 80/20 Principle: The Secret to Achieving More with Less (Paperback)
The principle is simple, but counter-intuitive: Nature creates imbalances. This is true for money (20% of people have 80% of the wealth), crime (20% of criminals commit 80% of crimes), energy usage (15% of population uses 85% of energy), competition (20% of suppliers have 80% of market share)and even carpet (20% gets 80% wear and tear). . .
In a non-linear world:
1) Celebrate exceptional productivity . . .look for the short cut. . .be selective. . . only do what you do best. (pg 38)
2) Keep it simple. Size often creates complexity - which in turn creates inefficiency. Pour your effort into the 20% that makes a difference. Sometimes it is better to lose unprofitable customers to competitors (pg 93)
3) Hold on to your good customers and employees forever!
4) The key to 80/20 is not time-mangement. Don't try to do more. Just do more of the right things.
5) Do what you enjoy because enthusiasm and success is a complementary cycle.
6) Three great lists:
The top 10 low-value uses of time (pg 161)
The top 10 highest value uses of time (pg 161)
The ten golden rules for career success (pg 194)
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Showing 1-5 of 5 posts in this discussion
Initial post: Nov 1, 2007 6:02:57 PM PDT
Eric T says:
What are the other four books.

Best, Eric..

In reply to an earlier post on Apr 28, 2008 4:46:44 PM PDT
TW says:
Great review, thanks.

Posted on Mar 11, 2011 3:55:10 PM PST
Dan says:
The other four books are The Unauthorized Biography of Justin Bieber, Fun with Dick and Jane, Relativity: The Special and General Theory, and Ishtar: the Novel Based on the Screenplay.

In reply to an earlier post on Aug 9, 2011 10:59:13 PM PDT
Grant Parks says:
I thought it was a reference to the title concept 1/5 = 20%. So this book would be the 20% that gets you 80% of the benefit.

In reply to an earlier post on Apr 6, 2013 7:01:43 PM PDT
[Deleted by the author on Apr 9, 2013 3:38:18 AM PDT]
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