Conventional wisdom is not to put all of your eggs in one basket. 80/20 wisdom is to choose a basket carefully, load all your eggs into it, and then watch it like a hawk.
Richard KochWe tend to think of innovation as difficult, but with the creative use of The 80/20 Principle innovation can be both easy and fun!
Richard KochTo get useful new ideas, we must go beyond our immediate circle and make contact with distant parts of the social system.
Richard KochTo be strategic is to concentrate on what is important, on those few objectives that can give us a comparative advantage, on what is important to us rather than others, and to plan and execute the resulting plan with determination and steadfastness.
Richard Koch