Ep. 604: Mega Decision-Making Episode with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
How to Be a Better Entrepreneur by Using 80-20 Analysis
Ferris: Vilfredo Pareto noticed that the distribution of wealth was very asymmetrical. The customers who tend to be the most promising are also the lower maintenance customers, he says. In 80-20 analysis, Ferris will look at what are the 20% of activities producing 80% or more of his negative emotions? He'll use this as a lens through which I view almost anything that I'm doing or experiencing.
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Transcript
