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Learnings Mental Models

The Pareto Principle: Harnessing the Power of the Vital Few

Introduction In the realm of decision-making, the human mind often grapples with limited time, resources, and attention. In such circumstances, understanding and applying the Pareto Principle can be a valuable mental model. The Pareto Principle, also known as the 80/20 rule, states that roughly 80% of the effects come from 20% of the causes. This […]