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The 80 20 Principle Paperback

by Richard Koch (Author)
4.4 4.4 out of 5 stars 1,335 ratings
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  1. Language
    English
  2. Publisher
    Nicholas Brealey Publishing
  3. Dimensions
    5.31 x 1.18 x 8.5 inches
  4. ISBN-10
    1857886844
  5. ISBN-13
    978-1857886849
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Product details

  • Language ‏ : ‎ English
  • ISBN-10 ‏ : ‎ 1857886844
  • ISBN-13 ‏ : ‎ 978-1857886849
  • Item Weight ‏ : ‎ 15.4 ounces
  • Dimensions ‏ : ‎ 5.31 x 1.18 x 8.5 inches
  • Customer Reviews:
    4.4 4.4 out of 5 stars 1,335 ratings

About the author

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Richard Koch

Richard Koch

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Richard Koch is the author of The 80/20 Principle, which has sold more than a million copies, and been published in approximately forty languages. He is also a successful entrepreneur and investor whose ventures have included Filofax, Plymouth Gin, Belgo restaurants and Betfair, the world’s largest betting exchange. He was formerly a partner of Bain & Company, and co-founder of LEK Consulting. He has written more than twenty acclaimed books on business and ideas.

Customer reviews

4.4 out of 5 stars
4.4 out of 5
1,335 global ratings
Most important thought-provoking book I've read
5 Stars
Most important thought-provoking book I've read
This book has to be in the top three books of all the books I've ever read on changing my paradigm of thinking. When you really understand what's inside this masterpiece you'll see everything you do in your life in a completely different way... it's that powerful! All I want to do is say, "Thank You" to the author, Richard Koch; this book beat all my expectations!
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Top reviews from the United States

Tom Kavanaugh
5.0 out of 5 stars Most important thought-provoking book I've read
Reviewed in the United States on March 22, 2021
Verified Purchase
This book has to be in the top three books of all the books I've ever read on changing my paradigm of thinking. When you really understand what's inside this masterpiece you'll see everything you do in your life in a completely different way... it's that powerful! All I want to do is say, "Thank You" to the author, Richard Koch; this book beat all my expectations!
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Tom Kavanaugh
5.0 out of 5 stars Most important thought-provoking book I've read
Reviewed in the United States on March 22, 2021
This book has to be in the top three books of all the books I've ever read on changing my paradigm of thinking. When you really understand what's inside this masterpiece you'll see everything you do in your life in a completely different way... it's that powerful! All I want to do is say, "Thank You" to the author, Richard Koch; this book beat all my expectations!
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5 people found this helpful
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Fernando Ramos
4.0 out of 5 stars It takes a few chapter but it gets there!
Reviewed in the United States on April 12, 2020
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Another book to the category "life changing" for me.
It took time, as most of the books, to get to the point but when it did, all I had to do was enjoy the tips and exercise some of them along the way.
Reflecting upon my "Happiness Islands" was the most valuable exercise.
I always write this on my reviews, so here it goes: "a must read".
5 people found this helpful
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Ludvig Sunstrom
5.0 out of 5 stars Richard Koch is my new intellectual hero.
Reviewed in the United States on December 12, 2017
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Incredible book. Richard Koch is my new intellectual hero.

The 80/20 principle has become somewhat popularized in the last 5 or so years. A lot of people think that just because they've heard about the concept, or because they shallowly know *about* the concept, that they've gotten all there is to it. Not so!

Richard shows that there is a far cry from actually *living* life the 80/20 way (which demands that you make tough decisions and learn to prioritize better). You have to take this idea very very seriously and apply it to more than one area of your life.
14 people found this helpful
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Dano
5.0 out of 5 stars Great Book
Reviewed in the United States on April 8, 2022
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I really found this book to be helpful and enjoyed the author's expansion on the Pareto Principle.
3 people found this helpful
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G. S. MCGILL
3.0 out of 5 stars 80/20 for beginners
Reviewed in the United States on July 3, 2008
Hello. My name is Gary Shane McGill and I have an MBA from Wilmington University in Delaware (I also sell patented ice cream and milkshake dispensers internationally), so I have heard of The 80/20 Principal both academically and professionally, which is why I bought the book. It is something mentioned, but not really elaborated in any great depth at graduate school, so the ideas are so simple that we sometimes overlook the obvious.

I cannot say that I personally like Richard Koch's writing style though, since there appears to be some repetition with examples overly used in several areas, plus it was not an easy transitional flow through the first couple of chapters to the main body of the text. I would have given up on the book at the early stages if it were not for the simple fact that I wanted to examine the main points that he makes.

Putting his writing style to one side for one moment, I personally felt that the ideas that he put forward are in some respects were very good guides, but for a book called The 80/20 Principal I suspect that it could have been more direct and to the point. I personally had to rummage (like some overly wordy university level technical book) through the chapters to find the essential points that really appeared to matter.

The idea of pruning down business lines are pretty standard graduate school recommended business practices, since we are so often enamoured by our marketing mix that we tend to lose sight of our margins, although be quite careful about what you read because there are undoubtedly some loss leaders that you do have to maintain (something that I did not notice illustrated with any great emphasis).

You must also ponder his ideas about relationships with the few good friends that you can make in life (and how you can leverage them). Life is unfortunately a great deal about who you know, since knowledge unfortunately does not always carry the day, but if you can leverage what you know with your networking attributes that becomes an entirely different proposition altogether. Maybe a future updated edition should discuss the addition of personal branding for plugging into marketing a company's product.

His idea about the stock market is also quite interesting with the obvious concept of riding on long-term higher returns from the market (buy low and sell high philosophy). It is really a question of what level of risk you are prepared to stomach because in this current credit crunch the markets are not necessarily for the faint of hearted. The thing about the markets is caution because even the best financial advisors (or media news articles) may not necessarily give you the best advice (careful consideration is always required).

At the end of the day the arguments presented in this book are perhaps overly simplistic to create overall happiness (and in some areas possibly naïve). That is not to say that you should not read this book, since I might not necessarily agree with everything that Richard Koch has to say, but I do at least highly respect him as a business professional and this is a philosophy that has worked well for him. I would certainly like to meet Richard Koch in person one of these days to discuss in greater detail his perspective on The 80/20 Principal.
5 people found this helpful
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mack
5.0 out of 5 stars The basic principle can be life changing
Reviewed in the United States on February 17, 2021
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I eliminated some of my time wasters. Added 30m. or more to my day.
2 people found this helpful
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Valente Souza
4.0 out of 5 stars A sounding board kind of book, usefull
Reviewed in the United States on May 19, 2019
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the 80 / 20 principle has been observed by many. The discussion here is how prevalent it is
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Engel
5.0 out of 5 stars All the world seems to look 80/20 now
Reviewed in the United States on February 2, 2018
Verified Purchase
Truly a fascinating cook of business and spiritual. I LOVED this! Thank You Champion!

Keep inspiring others!
Your work is creating an impact.
One person found this helpful
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Top reviews from other countries

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Kindle Customer
5.0 out of 5 stars Must buy it !
Reviewed in India on November 16, 2023
Verified Purchase
The 80/20 Principle by Richard Koch is an eye-opening masterpiece that challenges conventional thinking about productivity and efficiency. Koch's exploration of the Pareto Principle not only elucidates the concept but also demonstrates its remarkable power in transforming one's approach to work, life, and success.

This book is a game-changer, revealing how a minority of efforts or inputs often lead to the majority of outcomes. You must buy it.
4 people found this helpful
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M Amandine
5.0 out of 5 stars livre à lire
Reviewed in France on July 8, 2021
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Le livre est très interessant.
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Amazon Kunde
5.0 out of 5 stars Very good book
Reviewed in Germany on March 9, 2021
Verified Purchase
80/20 Principle made me so much more productive
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LAG
5.0 out of 5 stars Good book
Reviewed in Mexico on December 20, 2018
Verified Purchase
Buen producto. Tal cual cómo está mencionado y la entrega muy puntual.
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bibopcho
5.0 out of 5 stars Must read
Reviewed in Spain on January 11, 2018
Verified Purchase
Very educational...it contains simple and yet powerful messages. I truly recommend. The author guides you gently through this well known but not that often applied principle.
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