The 80/20 Principle and 92 Other Powerful Laws Nature: The Science of Success
Written by Richard Koch
Narrated by Sean Pratt
4/5
()
About this audiobook
In this follow-up to his best-selling The 80/20 Principle, the power law that helped hundreds of thousands achieve more by doing less, Richard Koch puts science to work, applying ninety-two other natural laws to promote the "science of success" within the ever-changing world of business. What does Charles Darwin's theory of natural selection prove about developing a niche product line? How can Isaac Newton's laws of motion and gravity help in a crowded marketplace? This is a must-have book for business leaders looking for clear, evidence-based reasoning that explains why some companies seem to find success everywhere they turn, while others don't make progress.
Richard Koch
Richard Koch is the author of The 80/20 Principle, which has sold more than a million copies, and been published in approximately forty languages. He is also a successful entrepreneur and investor whose ventures have included Filofax, Plymouth Gin, Belgo restaurants and Betfair, the world’s largest betting exchange. He was formerly a partner of Bain & Company, and co-founder of LEK Consulting. He has written more than twenty acclaimed books on business and ideas.
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Reviews for The 80/20 Principle and 92 Other Powerful Laws Nature
220 ratings10 reviews
- Rating: 1 out of 5 stars1/5Evolution theory came from business metaphors, most of this book is to reverse those silly metaphors.. common non sense
2 people found this helpful
- Rating: 5 out of 5 stars5/5Great take on business and matching them to the laws of nature. It’s a great book to gain a different perspective and construct the way you think about business, specially if you own one.
2 people found this helpful
- Rating: 5 out of 5 stars5/5A great overview on how different laws from different disciplines corelate with each other and how they translate into business
1 person found this helpful
- Rating: 5 out of 5 stars5/5Rare book - very high concentration of great insights. Rare book.
1 person found this helpful
- Rating: 5 out of 5 stars5/5One of the few books I enjoyed. Absolutely amazing audiobook
1 person found this helpful
- Rating: 4 out of 5 stars4/5Lots of insights on laws ; general applicability at biological & economic fields. Audio quality was irritating with periods of absence of narration in between on multiple occasions.
1 person found this helpful
- Rating: 5 out of 5 stars5/5If you are looking for the laws of nature and how they relate to the business, then this is the best audio book to listen.
1 person found this helpful
- Rating: 1 out of 5 stars1/5More then 80 percent of this book seemed repetative and an over application. Introduction to and overview of principle was helpful, but beyond that reading the whole book added little value
1 person found this helpful
- Rating: 3 out of 5 stars3/5This book really is two halves that don't really work together all that well. However, if you read the 20% that makes sense to you, you can still get some good value out of this read, The first half of the book explains the principle (most people are aware of it by now) and shows how to apply it to your business, increase profits and revenue and decrease expenses. Detailed case studies are reviewed and step by step applications to apply it to your business are given. Most of the information applies to a private business, so those in public positions (hospital staff, government workers) will not be able to apply those examples directly, but can still take a lot of value from the examples and principles shown.However, the second half of the book becomes as theoretical as the first half is analytical. You will read phrases like "Use all the willpower at your disposal to make yourself happy. Construct the right stories about yourself--and believe them." If this kind of drivel is helpful to you, you can skip the first part and read the second. Otherwise, the value added in the last 100 pages is most definitely not in the 20% of the book that should be studied.
- Rating: 5 out of 5 stars5/5This is the most instantly impactful book I’ve read in a long time. The Pareto principle is simple, observable and common knowledge for anyone who has studied basic economics. Still we fail to apply it, even though doing so can yield immediate returns. Koch’s writing is all about activating the concept, which he does through stories, hard data, and his own track record. In course, he turns the mantra of succeeding primarily through hard work completely on its head. He walks the walk, even recommending the reader skip certain chapters based on their needs. I’ve already started applying the concepts to my calendar and to-do list, resulting in a changed mindset throughout the day and more time for higher priorities. (I find it interesting that I had read this book 12 years ago and didn’t find it as useful or, apparently, memorable. Perhaps I am more motivated by time and practical results now, or perhaps I was just in a different place then.)