In the late 1800s, an economist named Vilfredo Pareto discovered that a small amount of pea pods in his garden produced a majority of the peas. The Origin of the 80/Rule and Pareto Principle This article is going to explain how you can use the 80/20 rule to your advantage in your life. This can be anywhere from finances, to habits, to life outcomes. The Pareto Principle is one of them.Īlso known as the “80/20 rule”, the Pareto Principle can explain the sheer amount of discrepancies in many areas.
In life, there are some mindsets that can all the difference – if you know how to apply them. Whoever does not have, even what they have will be taken from them.
Whoever has will be given more, and they will have an abundance.