Today everyone reads and study many successful storeys and might have wondered how did they reach to that level ? And what made them different from the common people? Here is one of the best known key they used to open the lock called Success. THE PARETO PRINCIPLE As this sounds different to you but is one of the well known and accepted principle. This principle was introduced by the Italian Economist known as VILFERDO PARETO According to this principle 80% of any work depends on 20% of things that actually matter It is also known as 80/20 principle What does it mean? It clearly states that if you want successful results in any work make sure you focus on just 20% of important things that actually matters and you will get 80% of assured result. How did he construct this principle? Have you ever thought how a new principle is brought up? Its just simple ,by careful observation. Same thing happened with Mr Pareto. At his time in It...
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