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Cash Flow Navigator | Charting a Course to Financial Independence
Charting a Course to Financial Independence. Use the 80/20 Rule to Focus on Your Big Financial Opportunities. I’m a big fan of the 80/20 Rule . Also known as Pareto’s Principle, it states that 80% of an outcome is usually determined by only 20% of the inputs. It holds true for a surprising number and variety of things. For example:. 827% of the world GDP comes from the richest 20% of the population (1);. In general, 80% of a company’s profits come from about 20% of its customers;. Associated with each...
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