Rating: Summary: If you only read five books, this should be one: 80/20 Review: 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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