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Old 01-27-2023, 10:22 AM
Gorditadogg Gorditadogg is offline
Al Stein
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Join Date: Aug 2019
Location: Chicago
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Quote:
Originally Posted by Casey2296 View Post
Also known as the Pareto Principle.
An offshoot, I guess. The Pareto Principle is basically the 80/20 rule, which is also true I think. For every company I worked for (except maybe Burger King, I didn't keep track back then) 80% of our revenues came from 20% of our clients.

The Pareto Rule applies outside of work too. Probably your top 20% of cards make up 80% of the value of your collection.

By the way, to be more precise on the square-root rule, the top few do HALF the work, not all. So in my example of a 1000 person company, the top 30 would do half the total work, the 970 would do the other half. So not freeloaders, just not as valuable.

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