5-takeaways: The 80/20 Principle, Richard Koch

First 5TA for the year! I will be covering this gem that has been staring at me from my bookshelf since I got it almost a year ago. The 80/20 Principle is a book that is based on the Pareto Law, first discovered by Vilfredo Pareto, an Italian economist. Who noticed patterns on wealth and income distributions in nineteenth-century England. Where on average the mathematical relationship between the total population and the total wealth was about 20% of the population held about 80% of the wealth. Pareto’s other finding was that the pattern of 80/20 repeated itself whenever he looked at data referring to a different time or a different country. However, He never fully realized that the principle could be applied to a lot more than just wealth and income distribution. A number of other great thinkers throughout the remaining and next centuries rediscovered and advanced the principle. Richard Koch, a former management consultant, and entrepreneur, just so happens

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5-takeaways:12 Rules For Life: An Antidote to Chaos, Dr. Jordan B. Peterson.

I’ll start by saying this, I do not agree with all of whatDr. Peterson says, however, A LOT, if not all, of what he has written in this book is very useful information and some of the rules are great guidelines to live by. One of the rules that makes this list is related to this topic of “because you may dislike someone’s viewpoints doesn’t mean that everything they say should now be dismissed.” (Rule 9: Assume that the person you are listening to might know something you don’t.) There are a lot of things he says that I disagree with, including his view of mother/father parenting being the best way to raise a child, I know a few who have been raised by single mothers, or a lesbian or gay couples who are fantastic people, and I know of horrible people who have been brought up in the more traditional mother/father parenting dynamic. Still though I like a lot

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