After you get done with this post, feel free to read The New Pareto's Principles For Internet Marketers about specific rules for using these principles to your advantage when it comes to internet marketing!
In cycling - as in every sport - everyone is looking for an advantage. I can't tell you how many 15-pound bikes I saw (with wheels worth more than my current car) that were owned by flabby doctors.
These guys realized that they did not have the time to work out like their riding companions did, so they were using what they did have - money - to buy themselves some speed.
It's called Pareto's Principle, or the 80-20 rule.
I first ran across Pareto's law in Tim Ferris' original book "The 4 Hour Workweek" (Which is definitely an inspiring read for sparking ideas - get it at the local library if you are cheap like me)
Basically, the rule was discovered by an Italian bean-counter that discovered that 20% of his pea shells provided 80% of his peas. Oh, and that 80% of Italy's land was owned by 20% of the Italians. (thanks, Wikipedia)
(Sound familiar?)
In cycling - as in every sport - everyone is looking for an advantage. I can't tell you how many 15-pound bikes I saw (with wheels worth more than my current car) that were owned by flabby doctors.
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| Giant's TCR Advanced SL 0 $10,300 |
It's called Pareto's Principle, or the 80-20 rule.
I first ran across Pareto's law in Tim Ferris' original book "The 4 Hour Workweek" (Which is definitely an inspiring read for sparking ideas - get it at the local library if you are cheap like me)
Basically, the rule was discovered by an Italian bean-counter that discovered that 20% of his pea shells provided 80% of his peas. Oh, and that 80% of Italy's land was owned by 20% of the Italians. (thanks, Wikipedia)
(Sound familiar?)
