the 80/20 rule

The 80/20 rule, also known as the Pareto Principle, suggests that roughly 80% of outcomes come from 20% of efforts or inputs. For example, in business, a small portion of customers may generate most of the sales. It highlights that resources or efforts are often unevenly distributed and that focusing on the most impactful areas can lead to significant improvements. This principle helps prioritize tasks and optimize productivity by identifying the vital few factors that drive the majority of results.