Richard Koch is a highly successful entrepreneur and investor. His 80/20 Principle - that 80 per cent of results flow from just 20 per cent of the causes - is the one true principle of highly effective people and organizations.
In one of the decade's most original, provocative and powerful books, The 80/20 Principle shows how you can achieve much more with much less effort, time and resources, simply by concentrating on the all-important 20 per cent.
Astonishingly, though the 80/20 Principle has greatly influenced today's world, this is the first book which shows you how to use it in a systematic and practical way.
©1997 Richard Koch; (P)2007 Bolinda Publishing Pty Ltd.
"Through multiple examples, and a punchy down-to-earth commentary, Koch offers the first really useful advice weâ¿¿ve seen in a management book for years." (Business Age)
Get used to hearing the term 80/20. You will hear it 80% too much. 80% of the references to the 80/20 rule could of been written only 20 percent of the time with better results. 20 percent were of use the other 80 percent were merely annoying and repetitive. 80percent of this book suck 20 percent is merely sub par. 80 percent of this book was filler for the other 20 percent. This entire book will drivel on like this 80 percent of the time the remaining 20 percent will continually refer to the 80 percent, If you are getting annoyed by my review I confirm 80 percent plus 20 percent s 100 percent that you too will hate this boo and regret buying it at least 80 percent of the time.
Only read if you are willing to think deeply and have lots of time/opportunity to invest in deep thought regarding the ideas that are discussed in this book.
While reading, I did feel as though the author had an agenda of explaning efficiency as god, then later, happiness as god.
In the books entirety though, I think the author while in deep thought, landed on something that allowed/freed him from a regular humdrum or day to day life. I like that he keeps the 80/20 thought open ended and invites the reader to apply this personal epiphany anyway they choose.
Enjoy or don't ;)
NeverColdCall dot com
"Do not miss!" This audio book has opened my eyes to the vast and massive possibilities in my business by simply applying the 80/20 principle, from everything to advertising to people to products. I STRONGLY disagree with other reviewers who say the book was repetitive. Rather, the author does an outstanding job of giving endless and very varied examples of how the 80/20 principle has worked, which all sprouted more and more ways I could apply it myself.
I have to say I enjoyed how the English (as in UK) narrator would attempt to mimic the local accent of people quoted in the book - hearing his attempt at a Southern US accent was worth the price of admission!
Simply that 80% of just about every aspect of my business - and my time - are waste. Sure, they generate a return on investment, but it's minuscule versus the 20% that produces a massive ROI and the waste needs to go.
I'm also buying the Kindle book to read it as well. This will go into my collection as one of those half-dozen or so books that I re-read at least once a year.
How many endless, obscure examples of the 80/20 principle can you cram into one book. Apparently too many. I can fight my way through some pretty mediocre books, but I had to stop after chapter 2. Just couldn't waste my time anymore. It goes nowhere.
Any fool can know something the point is to understand!
Oddly quirky at times with the 80/20 rap but still an important business read and would suggest this title for all recent college graduates. This book still maintains an important and relevant message about business that needs to be understood by all leaders, managers, and entrepreneurs.
Middle of the pack
Part two is really the best part of this book. Part one basically lays out what the priniciple is, which you probably already know if you are wanting to read this book. I would skip to part two.
British accent was difficult for me as an American.
Not the audio version. I find it impossible to concentrate on listening due to the readers accent and unenthusiastic tone. I got this book because I am a big fan of Tim Ferriss and he recommended it, but I am sure he meant the paper version!
Too hard to follow his accent and boring voice.
I dont understand how a book about productivity can waste so much time on stories and points that add no value. Very ironic.
Some interesting theories. A useful tool. The narrator did impressions anytime there was a quote from someone in the book. His American accent is bad, but his Asian ones were just offensive.
I am a plastic surgeon by profession A father by heart A trader by choice A teacher by passion A child by curiosity
Thought provoking about a paradigm shift that challenges hard work as the basis for success
some mathematical presentations made in the first part really requiers a paper and a pen to look at and fully comprehend , u cannot just listen to t on the fly
yes specially part 2
"An excellent book...worth repeat listens"
I enjoyed the book immensely, and have returned to it often. But once I knew an audiobook version existed, I knew it made sense and that I had to have it. My MP3 player is more portable, and ironically takes up less than 20% of the space of the actual physical book, which I have since gifted to a friend. I now have Koch in my pocket to remind me to stop wasting time and effort. I would have preferred the author to have done the narration though, as I prefer to hear a story from the horse's mouth. Nevertheless, the philosophy of the book benefits from repeated listening. Some have argued that his philosophy could have been summarised in less than 20% of his book, a point I initially thought myself. But this criticism is acknowledged and addressed in the book itself. The point is not to eliminate 80% of everything, but to eliminate the majority of things you do not enjoy or that do not add value, and to multiply what does add joy or value. If you enjoy the ride, you should want the journey to last longer. I have wasted far more time on books and movies I did not enjoy and added nothing to my life. I would argue this philosophy is worth repeating, as becoming bogged down by trivial matters seems to be a deep human flaw. Merely flicking through the book or reading a summary would not likely yield results, or change your life, as it has mine. There are people who need to be smacked round the head with this book repeatedly. You know them. You've met them. They are those who watch mindless movies, trashy books, play point and click mini-games on Facebook for hours on end, etc. This book has made me constantly reassess my life and make massive changes. Sometimes the viewpoints are subtle. Sometimes they are blunt, even harsh. I have lost friends over this book. But all that showed was how weak those connections were in the first place. I have found a life/work balance as never before. Strongly recommended.
If you read the title of this book you already know the contents. Those words recur again and again. Save your money for something less toe-curling.
"A good principle, but too much repetition"
Using the theme of the book, I have to say that 80% of the content could have been covered in 20% of the time.
The 80/20 principle is a valid principle, but once you've got your head around what it's all about you don't need to listen to endless examples and a lot of repetition.
An interesting take on using the 80:20 rule or pareto principle in business and for personal success, The author presents the idea clearly and shows its effectiveness and while I don't agree with all his ideas I got a lot from it.
Good ideas well presented and worth listening to again
"For the time poor"
This book puts meat on an expression I have heard many say but never implement It repeats the same idea but this worked for me in driving home the basic idea of the book. I now find myself seeing the 80/20 principle in action all over the place. A new window on the world.
"Summary - Must read! Must Learn! Must practice"
I agree with everything Richard Koch wrote. However I would have changed the phrasing of what you should do with the rest of the 80 of your time.
He hits the nail on the head on how to prioritize and work on tasks that achieve your objectives. However I agree with what most of his critics say about trying to turn 100 percent of all tasks into personal gainers.
The outlining of his critics points. I think that is the bravest and most honourable thing he could have done.
getting more done with less effort
If there was any advise I would give to the readers of this book, follow his advise but remember. Life is for living. Simply use the 20% of action to achieve your goals and enjoy the rest of the 80 of effort in living and enjoying life.
Good to mull over, but not earth-shattering in its content; lots of common sense. Worth having in the back of your mind
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