“Unlocking Creativity: How the 80/20 Rule Can Transform Your Writing Process”

How could this feature give away “too much information”? Because sales of books follow (approximately) the 80/20 Rule: about 80% of the money is earned by the top 20% of all authors. And the 80/20 Rule is “recursive,” meaning that 80% of 80% of the money is earned by the top 20% of the top 20%. Doing the math, that means that 64% of the money goes to 4% of the authors. 

And likewise, 80% of 80% of 80% of the money goes to the top 20% of the top 20% of the top 20% of authors. Doing the math again, that means that 51.2% of the money goes into the pockets of the top 0.8% of authors. Or, if you want to round those numbers slightly, the top 1% of all authors get about half the money. 

Pages: 1 2 3 4 5 6 7 8 9 10 11 12