First, write down everything you need to get done in the foreseeable future, as you would in the early stages of making a 1-3 ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Robert Kelly is managing director of XTS ...

Opinions expressed by Entrepreneur contributors are their own. Whether you’re a seasoned vet or just launching your first business, I’m sure you’ve at least heard of the 80/20 Rule, aka the Pareto ...

Discovery CEO Adrian Gore said that leaders should recognise that a small group of highly productive individuals can make a ...

The Pareto principle is often in conflict with the equity criteria in construction of social preferences: there exist two allocations χ and y such that χ Pareto dominates y, but y is an equitable ...

Before you can win a league title in the NBA, NFL, and NHL you first must win a conference championship. This approach assumes that the two best teams in a league are not in the same conference. When ...

More than 100 years ago, Italian economist Vilfredo Pareto observed that 20% of the population in Italy owned 80% of the land, and that 20% of the pea pods held 80% of the peas in his garden. Today, ...

When working a 9-to-5 job, you don't get as much freedom to make important business decisions. You also tend to feel as though there is not enough time in the day for both your side business and your ...