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80/20 Principle

Apple and the Simple Case for Capitalism

Richard Koch | Posted 05.05.2015 | Business
Richard Koch

Twenty-one years after the stunning introduction of the Macintosh in 1984, Apple continues to astonish.

Our Children and Grandchildren Will Be Richer Than Us, but There Is a Problem

Richard Koch | Posted 04.21.2015 | Business
Richard Koch

The pressures on social cohesion and the resurgence of class envy may take us backward a generation or two, despite the magnificent and apparently unstoppable whirring of the modern wealth machine.

Can Fractal 80/20 Tap insane Amounts of Money?

Richard Koch | Posted 04.07.2015 | Business
Richard Koch

The science of chaos -- in particular the theory of fractal patterns -- is one of the most beautiful discoveries of the last 50 years. So far, business has been rather slow in discovering how to use fractal theory.

12 Rules for the Game of Life

Richard Koch | Posted 03.24.2015 | Business
Richard Koch

I'm going to specify twelve rules not just for finance, not just for business, but for our lives generally. I don't claim that what I am providing is scientific in the slightest, but I do say that it is useful.

Is Progress Real?

Richard Koch | Posted 03.10.2015 | Impact
Richard Koch

"Since we have admitted no substantial change in man's nature during historic times, all technological advances will have to be written off as merely ...

Is Democracy Secure?

Richard Koch | Posted 05.03.2015 | Politics
Richard Koch

Is democracy forever, or could it be near a tipping point where the number of truly democratic countries -- on the rise since the eighteenth century -- starts to go into reverse?

The Lessons of History About Wealth and the 80/20 View of Social Engineering

Richard Koch | Posted 04.26.2015 | Business
Richard Koch

If we want to improve the fairness, cohesion, and overall wealth of our society, we have to make it much easier for those near the bottom to become successful entrepreneurs.

Beyond The Imitation Game

Richard Koch | Posted 04.19.2015 | Business
Richard Koch

Does the truth matter -- in entertainment, business, politics and life in general? Yes, of course, you might say. I was prompted to ask this question by the movie The Imitation Game, which I watched last week.

Simple Principles for a Complex World

Richard Koch | Posted 04.12.2015 | Business
Richard Koch

The secret to being happy and productive is doing something that excites you, where you can carve out a unique role. If you are not excited about life, you are existing but not really living. Everyone is excited by something. The tragedy is that most of us spend most of our lives doing things that bore us.

We Are Angels, Not Victims

Richard Koch | Posted 04.05.2015 | Religion
Richard Koch

Although progress is not inevitable, therefore, there is the possibility of a virtuous circle, of increasing liberation from nature, increasing knowledge and wealth, increasing freedom, and increasingly high standards of private and public mores.

8 Rules for a Random Planet

Richard Koch | Posted 03.29.2015 | Business
Richard Koch

Many of us go through life as if it were a steeplechase where we have to go round a well-defined racecourse, jump over a specified number of fences, each conveniently labelled, and strain every sinew to get ahead of the field and cross the winning line.

Why Venture Capital Gives Humans a Biological Edge

Richard Koch | Posted 03.22.2015 | Business
Richard Koch

Investing for the future -- for commercial and social gain -- is the biggest biological advantage that the human race has ever stumbled across. It is not much practiced yet. But it is growing exponentially. It will change the face of the earth, and perhaps much more besides.

The 80/20 View of Expectations

Richard Koch | Posted 03.15.2015 | Business
Richard Koch

A moment's reflection should convince us that some areas of expectation are more important than others. What are the 20 percent -- or 5 percent, or 1 percent -- of expectations that are most crucial in our lives?

Do You Need to Be Liked?

Richard Koch | Posted 03.08.2015 | Business
Richard Koch

Know that while being liked in business is better than the opposite, it still won't take you very far.

How to Escape the Worry Principle

Richard Koch | Posted 02.14.2015 | GPS for the Soul
Richard Koch

Explore the depths of your "self." Hone your mind and your spirit. Excavate the best version of yourself. Keep digging -- there's a lot down there (or "up there" if you prefer). It's the task of a lifetime. Be creative -- you can create wonders.

Bruce Henderson's Amazing Tax Plan

Richard Koch | Posted 02.08.2015 | Business
Richard Koch

This would greatly simplify not just the process of tax collection and greatly lower its cost, but more importantly, would be based on principles of fairness with due respect for what generates new wealth.

5 More Great Concepts for Happiness

Richard Koch | Posted 02.01.2015 | Business
Richard Koch

Not everyone is lucky enough to make generating knowledge their profession. But everyone who is happy finds meaning in what they do (whether paid or unpaid).

6 Concepts to Make Us Happy and Useful in Business

Richard Koch | Posted 01.24.2015 | Business
Richard Koch

If you went on a bike ride in strong wind, as I did this morning, would you want to be against the wind on the way there and with it behind you on the return, or the other way round? If you like the icing on a cake, would you eat it last or first?

The Golden Triangle

Richard Koch | Posted 01.18.2015 | Business
Richard Koch

Spend at least an hour a day thinking deeply about your business and why some segments are more attractive than others; and where and why other firms who are rivals or in adjacent markets are spectacularly successful.

The Best Thing Ever Written About Strategy

Richard Koch | Posted 01.11.2015 | Business
Richard Koch

This weekend, I've been revisiting my misspent youth, by reading again the musings of Bruce Doolin Henderson and his colleagues from the Boston Consulting Group (BCG) in its early years

The Knowledge Philosophy - Ancient and Modern

Richard Koch | Posted 01.04.2015 | Business
Richard Koch

I'm excited. I've been studying first and second century AD philosophers, including Jesus and the Christian "Gnostics". The Gnostics placed the grea...

Giving Up What We Love Doing

Richard Koch | Posted 12.28.2014 | Business
Richard Koch

In our culture, giving up is generally frowned upon. But what if our culture is wrong?

The 80/20 View of the Unconscious

Richard Koch | Posted 12.21.2014 | Business
Richard Koch

The unconscious powers away in the background without us needing to do anything, and occasionally delivers a result of huge importance to our lives.

The 80/20 View of Ego Boundaries: Strong links and Weak Links

Richard Koch | Posted 12.14.2014 | Business
Richard Koch

Can you remember the (first) time you fell in love? That's an example of reaching beyond what psychologists call our "ego boundaries." We feel at one with our romantic partner and we care for them.

Which Was the American Century?

Richard Koch | Posted 12.07.2014 | Business
Richard Koch

Although I have lived and worked in the U.S., over the last two decades I have become an infrequent visitor. So my 5-day visit to Chicago for my Star Principle seminar last week provided a chance to take the pulse, and reminded me how very different America is from Europe.