The 80/20 Principle by Richard Koch | Book Summary and Review | Free Audiobook

Show notes | PDF & Infographic | Free audiobook | Have you ever felt like the proverbial hamster on a wheel? The 80/20 Principle is the idea that 80 percent of all our results in business and life stem from 20 percent of our efforts. Read on your terms. Get the PDF, infographic, full ad-free audiobook and animated version of this summary and a lot more on the top-rated StoryShots app: https://www.getstoryshots.com Help us grow to create more amazing content for you! ⭐️⭐️⭐️⭐️⭐️ Don't forget to subscribe, rate and review the StoryShots podcast now.  What should our next book be? Suggest and vote it up on the StoryShots app. Life gets busy. Has The 80/20 Principle been gathering dust on your bookshelf? Instead, pick up the key ideas now. We’re scratching the surface here. If you don’t already have Richard Koch’s classic book on productivity and time management, order it here or get the audiobook for free on Amazon to learn the juicy details. StoryShots Book Summary and Review of The 80/20 Principle: The Secret of Achieving More With Less by Richard Koch Introduction Have you ever felt like the proverbial hamster on a wheel? You feel like you are running furiously, yet stay in the same place. Perhaps your results are not growing proportionately to the additional work you put in. The 80/20 Principle is the idea that 80 percent of all our results in business and life stem from 20 percent of our efforts. The 80/20 principle argues that little of what we spend our time on actually counts. By focusing on the aspects that matter, we can unlock the enormous potential of the magic 20 percent. With the 80/20 Principle, you can elevate your effectiveness in your job, career, business, and life. “Probability theory tells us that it is virtually impossible for all the applications of the 80/20 Principle to occur randomly, as a freak of chance. We can only explain the principle by positing some deeper meaning or cause that lurks behind it.” - Richard Koch The 80/20 Principle places a strong emphasis on the importance of prioritization in achieving peak results.  Join us to learn the key insights of The 80/20 Principle and don’t forget to let us know what resonated with you the most by tagging us on social media. “This book explores the nonlinear world, discusses the mathematical and historical support for the 80/20 Principle, and offers practical applications of the same. Read it and use it” - Tim Ferriss, author of The 4-Hour Workweek About Richard Koch Richard Koch is an entrepreneur and former management consultant. He is also a writer of several books on applying the Pareto principle (80/20 rule) in all walks of life. Richard’s investments include Filofax, Plymouth Gin, the Great Little Trading Company, and Betfair. Previously, he was a consultant at Boston Consulting Group and later a partner at Bain and Company. After his consulting career, he started a management consulting firm, L.E.K. Consulting, with Jim Lawrence and Iain Evans. StoryShot #1: 80/20 Thinking Emphasizes Self-Reflection and Thought Before Action  Spotting the Important Features Maintaining a Reflective Approach 80/20 Thinking Is Unconventional The Nonlinear Nature of 80/20 Thinking StoryShot #2: 80/20 Happiness Is Actively Seeking Out Happiness Today Instead of Waiting for a Future Day StoryShot #3: Your Success Depends on Being Able to Find and Stick to Your Strengths StoryShot #4: 80% of Your Investing Success Comes From 20% of Your Investments StoryShot #5: 20% of Your Relationships Will Drive 80% of Your Success and Happiness  StoryShot #6: 80/20 in the Workplace Is When a Few People Drive the Majority of Business Results  Learn more about your ad choices. Visit megaphone.fm/adchoices