A Quote by Jochen Zeitz
For a long time, companies ignored the fact that 80 percent of sporting goods are sold to the casual consumer.
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Economists often talk about the 80/20 Principle, which is the idea that in any situation roughly 80 percent of the “work” will be done by 20 percent of the participants. In most societies, 20 percent of criminals commit 80 percent of crimes. Twenty percent of motorists cause 80 percent of all accidents. Twenty percent of beer drinkers drink 80 percent of all beer. When it comes to epidemics, though, this disproportionality becomes even more extreme: a tiny percentage of people do the majority of the work.
One of the Internet's highest-profile companies, Priceline once dreamed of transforming the way consumer goods are bought and sold by offering customers the chance to 'name your own price' for a variety of products, including airline tickets.
I try to use a balance of the 80/20 percent, where 80 percent of the time I'm eating very well, and 20 percent of the time, I'm a little more adventurous.
Sporting goods companies pay me not to endorse their products.
I have adopted an 80/20 rule when it comes to my delicate relationship with food: 80 percent of the time, I make good choices; 20 percent of the time, I let myself splurge a little.
I live by the 80-20 rule: 80 percent of the time, you eat really healthy, and 20 percent, you treat yourself.
The plain, unvarnished truth is that public education is a shoddy, fraudulent piece of goods sold t to the public at an astronomical price. It's time the American consumer knew the extent of the fraud which is victimizing millions of children each year.
80 percent of the Dutch jihadists who go to fight in Syria are Moroccans. 80 percent. They are 22 times over represented when it comes to street crime, and 60 percent of the Moroccan youth under the age of 23 has been arrested at least once.
I go by the 80-20 rule. So, 80 percent of the time, I'm eating healthy and focused on the right foods - fruits, vegetables, all the good stuff. Then there is 20 percent of the time where you can sneak in some of the other foods, like a steak. That's not to say that a steak is bad.
In my father's generation, the product was 80 percent of what you were putting into the world, and your personal life was 20 percent. It now seems that 80 percent of the product I put out is silly, made-up stories and what I'm wearing.
Our criteria is that it's okay to invest in companies so long as they stop lobbying in Washington, stop exploring for new hydrocarbons, and sit down with every one else to plan to keep 80 percent of the reserves in the ground.
The truth is, a large majority of the market, I'd guess 80 percent, doesn't know anything more than what they are sold.
If you give only 80 percent leadership, your dog will give you 80 percent following. And the other 20 percent of the time he will run the show. If you give your dog any opportunity for him to lead you, he will take it.
I kind of dread any kind of critical response, just because it's always painful in some way. Even if it's 80 percent good, it's the 20 percent that's bad that you remember - and that's a higher number than I usually get, 80 percent would be amazing.
Most of the major consumer-goods companies roll out their marketing programs in the I-4 corridor. It reflects what America looks like.
One of the weaknesses of Indian industry is that in many areas.. like consumer goods.. it is very fragmented. Individually, the companies might not be able to survive. What is needed is a consortium of like companies in one industry, presenting a strong front to the multinationals. The Swiss watch industry did this.
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