Free PDF The 80/20 Principle: The Secret to Achieving More with Less, by Richard Koch
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The 80/20 Principle: The Secret to Achieving More with Less, by Richard Koch
Free PDF The 80/20 Principle: The Secret to Achieving More with Less, by Richard Koch
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Review
From The 80/20 Principle:"The 80/20 Principle can and should be used by every intelligent person in their daily life...It can multiply the profitability of corporations and the effectiveness of any organization. It even holds the key to raising the quality and quantity of public services while cutting their cost... The 80/20 Principle asserts that a minority of causes, inputs, or effort usually lead to a majority of the results, outputs, or rewards. Taken literally, for example, 80 percent of what you achieve in your job comes from 20 percent of the time spent. Thus for all practical purposes, four fifths of the effort--a dominant part of it--is largely irrelevant."To learn how you can tap the hidden potential of the 80/20 principle in your life, read Richard Koch's exciting new book.
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From the Inside Flap
an be more effective with less effort by learning how to identify and leverage the 80/20 principle--the well-known, unpublicized secret that 80 percent of all our results in business and in life stem from a mere 20 percent of our efforts.The 80/20 principle is one of the great secrets of highly effective people and organizations.Did you know, for example, that 20 percent of customers account for 80 percent of revenues? That 20 percent of our time accounts for 80 percent of the work we accomplish? The 80/20 Principle shows how we can achieve much more with much less effort, time, and resources, simply by identifying and focusing our efforts on the 20 percent that really counts. Although the 80/20 principle has long influenced today's business world, author Richard Koch reveals how the principle works and shows how we can use it in a systematic and practical way to vastly increase our effectiveness, and improve our careers and our companies.The unsp
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Product details
Paperback: 336 pages
Publisher: Currency; Reprint edition (October 19, 1999)
Language: English
ISBN-10: 9780385491747
ISBN-13: 978-0385491747
ASIN: 0385491743
Product Dimensions:
5.2 x 0.7 x 8 inches
Shipping Weight: 4.8 ounces (View shipping rates and policies)
Average Customer Review:
4.1 out of 5 stars
230 customer reviews
Amazon Best Sellers Rank:
#12,334 in Books (See Top 100 in Books)
Smarter Comics is a company that produces fantastic illustrated comic book volumes on a wide range of topics. They mostly focus on subjects that were previously published books which have become classics. I have read and written reviews on many of them such as Shut Up, Stop Whining and get a life, The Art of War, Think and Grow Rich and Fortune Favors the Bold.This volume is based upon the book by Richard Koch, "The 80/20 Principle: The secret of achieving more with less." The unique illustrations combined with the basic principles of Koch's original book makes this volume come alive. The basic theory is based upon some research which showed that in most things, 80 % of the work and achievements in the world are done by only 20 % of the people. This basic principle applies to just about every kind of area of life you can think of, and the author emphasizes that a person can achieve much more with less effort by Applying the 80-/20 principle.I have not read the original book but I found this volume explained and illustrated the principles so that it was clear and concise. Whether you have previously read the original book or are seeking a good overview of the 80/20 principle, you may want to check out this volume. I thought this text was okay but I enjoyed reading the other Smart Comic volumes more than this book.Rating: 3 Stars. Joseph J. Truncale (Author: The Samurai Soul: An old warrior's poetic tribute)
The author explains that he was surprised there was a lot of articles about the 80/20 principle but no book on the subject... You bet, who would write a 250 pages book on something that could be explained in 3 minutes?The 80/20 principle itself is amazing indeed, but 95% of the points of this book come from 5% of its words. The same SINGLE idea is explained in 20 different contexts each repeated 20 times.Just read an article or introduction about the 80/20 principle and that's all you need to know really.
Some people have cynically commented that you only need to read 20% of this book, and the rest is all repetition.Those people do not actually understand the fractal nature of the 80/20 principle - how pervasive it is, or the extent to which you really need to immerse yourself in these concepts. Their opinions are worthless.I first read this book in 2003. I got to page 14 and Richard was explaining how 80/20 is closely related to chaos theory. I suddenly had an epiphany - making realizations that weren't even explicitly stated - and realized that inside every 80/20 is another 80/20, and another and another. 80/20 is fractal!Suddenly I looked out the window and saw 80/20 EVERYWHERE - in the trees, in the street, in the carpet in my house, in nearly every column of every spreadsheet in my business. Before I'd barely seen it at all, and even then only in the rear view mirror. After, I saw it everywhere all around me.At the time I was just starting to crack the code on Google AdWords, and I realized 80/20 is the key to pretty much everything in AdWords. And in marketing itself. 80/20 became my secret weapon. It was the backbone of AdWords and I included an 80/20 chapter in my very first ebook, "Definitive Guide to Google AdWords" which eventually became Entrepreneur Press's "Ultimate Guide to Google AdWords" which is the world's #1 book on internet advertising. It also inspired my book "80/20 Sales and Marketing."Richard makes a key observation, which is the difference between 80/20 ANALYSIS and 80/20 THINKING. Analysis is backward-looking. 80/20 Thinking is forward looking. When you know, in advance, that whatever you do is going to be 80/20 and nothing you do can change that, you artificially stack the deck to favor early successes. You kill your runts faster. You search for patterns that most people miss, and shortcut months or years of failure.Richard also delves into many subtleties of how 80/20 manifests in business, and how most businesses are losing money every time they sell 20% of their product line. This is a very big deal.I'm now reading this book, 13 years later, AGAIN (not sure how many times I've cracked it) and it's still producing new jewels. Yes, you can read 20% of this book and it could still potentially change your life. But if you understand 80/20, you should read that kind of book 5 times and you can be nearly certain that you'll get 10X your time investment back every single time.When Richard starts getting philosophical near the end about this applying to relationships and whatnot, don't give in to the temptation to think he's over-reaching. He's not. 80/20 is a fundamental axiom of cause and effect, one of the great secret laws of the universe.I've read a LOT of great books but this one tops the list. It's been worth many millions of dollars to me in my career.
Save 80% of your time by reading the title and nothing else. Input to output ratio is nonlinear in most circumstances. There is little value offered by reading this book if you accept the premise of the title.
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