The Simple Principle of 90/10 that Affects Your Whole Life
The 90/10 Principal...!
Most of us have heard of the 80/20 rule.In other words, 80% of our success comes from 20% of our efforts.
Generated by the Italian economist Wilfredo Pareto in 1897, it is also known as "The Least of Effort".
I agreed with the 80/20 rule for total success in all areas, but money.
When this money arrived, he believed in the 90/10 rule. I observed that 10% of the people had 90% of the money.
In the world of films, 10% of actors made 90% of the money.
We also observed that 10% of the athletes made 90% of the money, as did 10% of the musicians.
The same 90/10 rule applies to the world of investment, which is why their advice to investors, "is not average."
A recent Wall Street Journal article validated his opinion.
It states that 90% of all corporate shares in the US are held by only 10% of people.
This book describes how some of the 10% of investors acquired 90% of the property and how you would be able to do so.
Stephen Covey defines it as:
The 90–10 principle basically says that our life is 10% made of what happens to us and 90% how we react to it.
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