This rule was developed by the economist, Vilfredo Pareto, in the late 1800s. It can be applied to quite a few areas of life, such as 20% of the people in the sales department accounting for 80% of the sales in any given company.
For ecdysiasts, which is a word which I thought I would, and did find doing a search on SW, it might go something like this-wearing 20% of your work costumes 80% of the time and receiving 80% of your income from the same 20% of your customers. Do either of those examples hold true for any of you here?
Quite a few other applications of this rule as well, with implications for large corporations and one-person businesses.
PhaedrusZ



Reply With Quote



Bookmarks