Current:Home > MyPutting the 80/20 rule to the test -Elevate Profit Vision
Putting the 80/20 rule to the test
View
Date:2025-04-15 23:53:08
A favorite of productivity hackers, the Pareto Principle, aka the 80/20 rule, has taken on a life of its own since it was first observed by an Italian economist over a century ago. The concept states that a small number of causes generates a large number of outcomes. Today on the show, the origins of the Pareto Principle, why marketing and business-types love it, and whether it holds up under scrutiny.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
veryGood! (9)
Related
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- Pacific and Atlantic hurricanes Norma and Tammy make landfall on Saturday in Mexico and Barbuda
- A 5.2 magnitude earthquake in Nepal damages dozens of homes and causes a landslide
- Federal judge pauses limited gag order on Trump in 2020 election interference case
- Former longtime South Carolina congressman John Spratt dies at 82
- Lawyers call for ousted Niger president’s release after the junta says it foiled an escape attempt
- Phoenix Mercury owner can learn a lot from Mark Davis about what it means to truly respect the WNBA
- ACTORS STRIKE PHOTOS: See images from the 100 days film and TV actors have been picketing
- New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
- Kenneth Chesebro, Trump co-defendant in Georgia 2020 election case, pleads guilty
Ranking
- Former longtime South Carolina congressman John Spratt dies at 82
- Author Salman Rushdie calls for defense of freedom of expression as he receives German prize
- ‘Oppenheimer’ fanfare likely to fuel record attendance at New Mexico’s Trinity atomic bomb test site
- 5 dead and 5 injured — names on a scrap of paper show impact of Gaza war on a US family
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- Kourtney Kardashian Shares Heartfelt Birthday Tribute to Kim Kardashian After TV Fights
- A fiery crash of a tanker truck and 2 cars kills at least 1 on the Pennsylvania Turnpike
- The Vampire Diaries' Kat Graham Marries Bryant Wood in Surprise Ceremony
Recommendation
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
A car bombing at a Somali military facility kills 6 people, including 4 soldiers, police say
How the Long Search for Natalee Holloway Finally Led to Joran van der Sloot's Murder Confession
Former MLB pitcher Danny Serafini arrested in connection with 2021 murder case
Tree trimmer dead after getting caught in wood chipper at Florida town hall
Lionel Messi's first MLS season ends quietly as Inter Miami loses 1-0 to Charlotte FC
Ex-Philadelphia police officer sentenced to 15 to 40 years after guilty pleas in sex assault cases
The IRS will soon set new tax brackets for 2024. Here's what that means for your money.