The 80/20 Individual: The Nine Essentials of 80/20 Success at Work

  • 3h 13m
  • Richard Koch
  • Nicholas Brealey Publishing
  • 2003

A new 21st-century individualism is overtaking "corporation-as-king" capitalism, transforming the way we work and live. Today, real power rests in the hands of creative individuals like Bill Gates, Warren Buffett, Oprah Winfrey, and Steven Spielberg, who are changing the world one great idea at a time. In The 80/20 Individual, Richard Koch reveals the secret of their success: they discovered what they do better than anyone else and rode it for all its worth.

In this inspiring sequel to his classic bestseller The 80/20 Principle, Koch shows how to maximize success in your career and life by using the proven principle that 80 percent of changes in the world result from the most powerful 20 percent of actions and ideas. He'll show how to use your own powerful "20 percent spike" -- your most creative ideas and unique skills -- to measure the amount of value you bring to your employer, clients or customers. For most people, there is a huge disparity between their intrinsic value and the compensation they receive for their efforts. The 80/20 Individual shows how to narrow that gap.

Drawing from his own success as an entrepreneur, as well as from the stories of scores of companies and individuals who have flourished as a result of an 80/20 mind-set, Koch offers a step-by-step method to remodeling a career or existing business, or creating a new one -- one that most benefits you. He provides valuable insights on finding 80/20 partners, hiring 80/20 employees, and running an 80/20 business.

By building a team that supports your efforts and excels in areas where you lack experience or knowledge, you'll be able to focus your time and energy on your strengths. Productivity and profits will soar because you'll be doing what you do best and enjoy the most. By using the 80/20 strategies outlined in the book, you can take control of your career and financial future.

About the Author

Richard Koch combines thinking about business with practicing it successfully. Besides being the author of eleven acclaimed books (including The Power Laws also published by Nicholas Brealey), he is a "serial entrepreneur," having made large returns from businesses as diverse as consulting, hotels, personal organizers, restaurants, gin, and high technology investments.

Before he took up money-making seriously, he was a partner with the American consulting firm Bain & Co. and a co-founder of the LEK Partnership, the most successful business strategy boutique in the world during the 1980s. He is now a non-executive director of four quoted companies and advises venture capital groups in the UK and South Africa. He is also a founding investor in WebAngel.com, the Internet "accelerator," and a shareholder and director of Gemini SA, one of South Africa’s largest consulting firms.

In this Book

  • How to Become an 80/20 Individual
  • The Rise of the Creative Individual
  • Use Your Most Creative 20 Percent
  • Spawn and Mutate Great Ideas
  • Find the Vital Few Profit Forces
  • Enlist Einstein
  • Hire Great Individuals
  • Use Your Current Company
  • Exploit Other Firms
  • Secure Capital
  • Make Zigzag Progress
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