It’s likely you’ve heard of the Pareto principle (maybe even while reading my tips on how to be more productive at work or study more effectively). But do you really know what the Pareto principle is?

When working a 9-to-5 job, you don't get as much freedom to make important business decisions. You also tend to feel as though there is not enough time in the day for both your side business and your ...

Opinions expressed by Entrepreneur contributors are their own. Whether you’re a seasoned vet or just launching your first business, I’m sure you’ve at least heard of the 80/20 Rule, aka the Pareto ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Robert Kelly is managing director of XTS ...

When you get 80% of your results from 20% of your customers, that’s the 80 20 Rule in effect. The 80/20 rule helps businesses find areas that have the most impact. This allows those business to focus ...

The Pareto principle is often in conflict with the equity criteria in construction of social preferences: there exist two allocations χ and y such that χ Pareto dominates y, but y is an equitable ...

The 80/20 rule, also known as the Pareto principle, states that 20 percent of your company's sales people will generate 80 percent of your sales revenue. That presents a challenge for small businesses ...

Before you can win a league title in the NBA, NFL, and NHL you first must win a conference championship. This approach assumes that the two best teams in a league are not in the same conference. When ...

Economists tell us that the history of human labor is one of continually increasing specialization. In the days of the hunter-gatherer, every member of the tribe would have been expected to command ...