My Beef with the 80-20 Rule – a Guest Post

As freelancers, we are also business people, striving to get the greatest return on our efforts. And I think most of us are familiar with the 80-20 rule. It’s another name for the Pareto Principle, which says 20 percent of our efforts result in 80 percent of the benefit received. It can be applied in all sorts of ways (20 percent of our clients provide 80 percent of our income, 20 percent of our marketing leads to 80 percent of our business), and it suggests that greater success can be achieved if we identify the 20 percent and put most …read more