The Pareto Principle (80/20 Rule)

80/20 Distribution – 80% of outcomes come from 20% of causes.

Universal Application – Found in business, economics, time management, etc.

Not Always Exact – The ratio can vary (e.g., 90/10 or 70/30).

Focus on the Vital Few – Prioritize high-impact activities over trivial many.

Leverage for Efficiency – Helps in decision-making, productivity, and resource allocation.

Self-Reinforcing – The productive 20% often grows stronger over time.