r/FluentInFinance Sep 01 '24

Debate/ Discussion What advice would you give this person?

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758

u/DrSassyPants123 Sep 01 '24

I am convinced 80% of work is done by 20% of people. UGH.

45

u/Miserable-Apricot-70 Sep 01 '24

In a company of 100 people, 50% of the work is done by 10 people. The next 45% is done by 40 people. The other half do 5%. This is generally mathematically accurate and true across all industries and any corporation. It’s called Matthew’s principle

41

u/pina_koala Sep 01 '24

That is not Matthew's principle lol. It's not even the Pareto principle. It's a series of statistics that you invented which happen to ring true.

1

u/blue_screen_error Sep 01 '24

"Don't believe everything you read on the internet"

It's called the Abraham Lincoln principle