Sunday, December 2, 2012

Pareto principle

 Once I heard about it, I keep discovering how true this rule is and how well it works in everyday life. Have you heard of it? Pareto law is based on proportions: 80 and 20 and of course no one can explain it as well as Wikipedia ;) 80-20 rule can be applied to almost anything. Mr Pareto (Italian economist)  noticed that 80% of wealth in his country belongs only to 20% of population. Quite unfair, huh? But there are also examples from other fields, f.ex. one of my favorites: for the 80% of time you wear only 20% of your clothes! :) The rest is waiting for special occasions.

 Another example worth remembering, especially if you have an important goal in your life and you divided the process of reaching it into few steps. In this case: 20% of your effort and work is giving you 80% of effect!

 How could I apply it for the blog? Hmm... Maybe 80% of views comes from 20% of faithful readers (thank you all! :* )? :)

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