ML - The way the world works - analyzing how things work The Pareto Principle
Apr 22, 2022
11:05
The Pareto Principle is the idea that 80 percent of your revenue comes from 20 percent of your customers In other words, 20 percent of your customers are making you 80 percent of your revenue
The Pareto Principle is also the idea that 80 percent of your problems come from 20 percent of your customers In other words, 20 percent of your customers are causing you 80 percent of your problems
The Pareto Principle is also the idea that 80 percent of your opportunities come from 20 percent of your customers In other words, 20 percent of your customers are providing you with 80 percent of your opportunities
The Pareto Principle is also the idea that 80 percent of your complaints come from 20 percent of your customers In other words, 20 percent of your customers are giving you 80 percent of your complaints
The Pareto Principle is also the idea that 80 percent of your profit comes from 20 percent of your customers In other words, 20 percent of