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Principle of the day
Pareto principle (80/20 rule)
The Pareto principle states that a minority of causes often accounts for a majority of effects; in marketing, identify the customers, channels and actions with the greatest impact.
Quote of the dayproductivity
Time is the scarcest resource, and unless it is managed, nothing else can be managed.
Quote of the daynonconfrontational advantage
In blue oceans, competition is irrelevant because the rules of the game are waiting to be set.
Principle of the day
Network effect
A product becomes more useful as the number of relevant users or partners grows; supply and demand must be designed together.
Quote of the dayoperational standards
Without a standard there is no logical basis for making a decision or taking action.

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