Thursday, October 7, 2010

Follow the 80/20 Rule to Succeed in the Art Business

The 80/20 Rule is an old mathematical formula created by the Italian economist Vilfredo Pareto. At the time, Pareto stated this rule was based on the principal that 20% of the population owned 80% of the wealth. In later years this rule has been used in many different ways and you have probably heard a few of them too, such as: 20% of the salespeople produce 80% of a company’s sales. Or 20% of the employees produce Read more...

No comments:

Post a Comment

Thursday, October 7, 2010

Follow the 80/20 Rule to Succeed in the Art Business

The 80/20 Rule is an old mathematical formula created by the Italian economist Vilfredo Pareto. At the time, Pareto stated this rule was based on the principal that 20% of the population owned 80% of the wealth. In later years this rule has been used in many different ways and you have probably heard a few of them too, such as: 20% of the salespeople produce 80% of a company’s sales. Or 20% of the employees produce Read more...

No comments:

Post a Comment