book hack

The 80/20 Principle

Richard Koch

5 mins

3 key insights

Visual, audio & text

The 80/20 Principle is an eye-opening examination of how unbalanced life's equations really are, with advice on how to focus our efforts on what matters most.

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The 80/20 Principle

The 80/20 Principle

by Richard Koch

Overview

The 80/20 principle has become a very familiar concept thanks to this classic study of the statistics behind success. Richard Koch is a leading management consultant, serial investor, and entrepreneur, counting Filofax and Betfair among his notable successes. A firm believer in identifying the right basket and putting most of your eggs in it, Koch practices what he preaches to great effect.

The 80/20 Principle: The Secret to Achieving More with Less is packed with relatable examples and actionable advice that can help anyone prioritize with efficiency — at work and in life.

"The 80/20 Principle states that there is an inbuilt imbalance between causes and results, inputs and outputs, efforts and rewards." [Richard Koch]

Favorite quote

Strive for excellence in few things, rather than good performance in many.

- Richard Koch

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