THE PARETO PRINCIPLE- THE POWER OF THE 80/20 RULE

The Pareto principle (also known as the 80-20 rule), states that, for many events, roughly 80% of the consequences come from 20% of the causes. The principle is named after Italian economist Vilfredo Pareto, who observed in 1906 that 80% of the land in Italy was owned by 20% of the population. The rule reveals excess baggage,people, that rob us of resources, time , and emotions, when applied to the various contexts of our lives. On this episode we discuss the power of the 80/20 rule and show you how it can dramatically change your life.