The 80/20 Rule (Pareto Principle) running your online business

Search Options	close
Search the following clips: All Clips

news science politics food economy art
technology health internet religion psychology

Sign Up Install Learn More Login


	The 80/20 Rule (Pareto Principle) running your online business

murdimedia

8-15-2009 5:52 AM

88 views

Add a Comment

Login to Comment. Not a member yet? Sign up

Today's Top Clips

visit the Top Clips page

View the Top Clips from August 15, 2009

Embed This Clip In Your Site...

<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/29aa20c3-6894-4f80-820b-56fdf4142fec/F8E1FB92-7BF1-4594-AACB-3009EEB485DB/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.dirktietjen.com/the-8020-rule-pareto-principle-running-your-online-business.html" href="http://www.dirktietjen.com/the-8020-rule-pareto-principle-running-your-online-business.html" style="font-size: 11px;">www.dirktietjen.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.dirktietjen.com/the-8020-rule-pareto-principle-running-your-online-business.html"><H2><A title="Permanent Link to The 80/20 Rule (Pareto Principle) running your online business" rel="bookmark" href="http://www.dirktietjen.com/the-8020-rule-pareto-principle-running-your-online-business.html">The 80/20 Rule (Pareto Principle) running your online business</A></H2></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.dirktietjen.com/the-8020-rule-pareto-principle-running-your-online-business.html"><P align="left">Vilfredo Pareto (1848-1923) was an Italian economist who established what is now known as the Pareto Principle, or the so called 80/20 Rule. In 1906 Pareto observed that 80% of the land in Italy was owned by 20% of the population. Later he found out, that this principle was valid in many other parts of life, too.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.dirktietjen.com/the-8020-rule-pareto-principle-running-your-online-business.html"><P align="left">Explained in short terms the 80/20 Rule means that in any task a few (20 percent) are very important and high percentage of 80 are trivial. In Pareto’s task it meant 20 percent of the people owned 80 percent of the wealth. Today we know that this statistical 80/20 Rule can be applied to almost any environment, let it be management, science, leisure time or housework.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.dirktietjen.com/the-8020-rule-pareto-principle-running-your-online-business.html">So <STRONG>applying this priciple to the workfield in the online business</STRONG> means that approximately 20 percent of the efforts produce 80 percent of the results. </blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/F8E1FB92-7BF1-4594-AACB-3009EEB485DB/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

New from the makers of Clipmarks: Amplify.com - Don't just share the news...Amplify it!

Clipmarks: Home; New Clips; Top Clips; Dashboard

Popular Topics: News; Life; Science; Technology; Entertainment

Get Started: Sign Up; Install Clipping Tool; How Clipping Works; Clip-to-Blog™; ClipSearch

Tools and Resources: FAQ; ClipWeek; Top Clippers; Top Tags; Site Map

About Clipmarks: About Us; Contact; Copyright; Privacy; EULA

Search Options

Today's Top Clips