Overview

Essentially, Pareto showed that approximately 80% of the land in Italy was owned by 20% of the population; Pareto developed the principle by observing that 20% of the peapods in his garden contained 80% of the peas. — Wikipedia

Read More

Mental Model: The Pareto Principle

The Pareto principle, or the 80:20 rule, has become incredibly popular over the last 10 years or so, thanks to people like Tim Ferriss popularizing the concept outside of strictly business and economics.

medium.com