9 quotes
In business the 80/20 principle is behind any innovation, any extra value. It is an entrepreneurial principle, a formula for value creation utilized not only by entrepreneurs, but by most managers and organizations.
The 80/20 Individual (2003)
Conventional wisdom is not to put all of your eggs in one basket. 80/20 wisdom is to choose a basket carefully, load all your eggs into it, and then watch it like a hawk.
The 80/20 principle: the secret of achieving more with less (1999)
Progress is personal; it comes from individuals demanding more of themselves and everyone else.
Koch (2012)
Business strategy should not be a grand and sweeping overview. It should be more like an under view, a peek beneath the covers to look in great detail at what is going on.
The 80/20 principle: the secret of achieving more with less (1999)
Marketing, and the whole firm, should devote extraordinary endeavour towards delighting, keeping for ever and expanding the sales to the 20 per cent of customers who provide 80 per cent.
The 80/20 principle: the secret of achieving more with less (1999)
The key is to work out the few things that are really important, and the few methods that will give us what we really want.
The 80/20 Individual (2003)
Few people take objectives really seriously. They put average effort into too many things, rather than superior thought and effort into a few important things. People who achieve the most are selective as well as determined.
The 80/20 principle: the secret of achieving more with less (1999)
People think that creativity is largely a matter of talent, experience, or luck. They are wrong. Talent, experience, and luck are all key elements, but there is something more fundamental, accessible, and powerful that you can use to multiply your creative effect.
The 80/20 Individual (2003)
Those who can create wealth — and know that they can — are able to dictate their own terms. Wealth is a means to happiness, but it is not the main one. What most people want is control over their lives. They want the ability to choose how they live: what work they do, the way they interact with friends and colleagues, the quality of their personal relationships, the way they view themselves.
The 80/20 Individual (2003)