24min chapter

The Tim Ferriss Show cover image

#752: Terry Crews and Richard Koch

The Tim Ferriss Show

CHAPTER

Exploring the Origins of Strategies and the 80-20 Principle

The chapter delves into the origins of the book 'Perspectives on Strategy' by Carl Stern and George Stock, focusing on early perspectives from the Boston Consulting Group and timeless insights on business strategy by Bruce Henderson. It discusses the importance of principles over knowledge in business strategies, introducing the key concept of the 80-20 principle and how it can be applied to personal lives and time management strategies. The conversation also covers happiness islands, economic principles in personal life, and the speaker's reflective practices like journaling and daily bike rides for planning and introspection.

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