It’s a common rule of thumb in business. Are you using it to boost your success? The Pareto Principle, also known as the 80/20 rule, can help you prioritize your most important tasks. Named after Italian economist, Vilfredo Pareto, the principle recognizes that 20% of your activities give you 80% of the value. The challenge, then, is to focus on those high impact tasks. Simply ask yourself, “Am I doing the activities that give me the biggest return for my time and effort?”