By Og Mandino
ISBN-10: 0307788229
ISBN-13: 9780307788221
It's secure to claim that world-famed speaker and writer Og Mandino has as many neighbors as any guy alive, due to his inspiring motivational lectures and his bestselling books. This new publication is a unique reward to all his neighbors, previous and new, a e-book they could cherish in particular the remaining. secrets and techniques for fulfillment and Happiness is Og's superbly written magazine, an intimate list of his innermost recommendations and emotions, the heartwarming occasions of his daily life.Whether he's writing in his previous New Hampshire farmhouse on a snowy iciness day or in a resort room on the subject of wherever within the kingdom; no matter if he's refilling the fowl feeder, comforting a ailing buddy, racing to trap a airplane, receiving a status ovation, or planting his tomatoes, Og weaves his secrets and techniques of luck into the cloth of his lifestyles and the pages of his publication. He stocks anecdotes, either unhappy and humorous, and his emotions approximately his fan mail and the folks he meets. And whilst hassle involves him, he stocks that, too.Living with Og and hearing his suggestions because the wealthy days spread, we once more locate the sheer pleasure of considering what the following day will carry, and the braveness by no means to appear again on the day prior to this.
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Additional info for Secrets for Success and Happiness
Sample text
Imagine that the profits from the one most profitable product are filled in from the top of the right-hand bar downwards. Let us say that the most profitable product makes 20 per cent of total profits. Figure 2 therefore shows that one product, or 1 per cent of the products, occupying one hundredth of the space on the left, makes 20 per cent of the profits. The shaded areas represent this relationship. If we continue counting the next most profitable product and so on down the bar, until we have the profits from the top 20 products, we can then shade in the right-hand bar according to how much of the total profit these top 20 products make.
And although its uses are manifold, there is an underlying, unifying logic that explains why the 80/20 Principle works and is so valuable. Why the 80/20 Principle works in business The 80/20 Principle applied to business has one key theme—to generate the most money with the least expenditure of assets and effort. The classical economists of the nineteenth and early twentieth centuries developed a theory of economic equilibrium and of the firm that has dominated thinking ever since. The theory states that under perfect competition firms do not make excess returns, and profitability is either zero or the ‘normal’ cost of capital, the latter usually being defined by a modest interest charge.
We look first at 80/20 Analysis, and then at 80/20 Thinking. 80/20 Analysis 80/20 Analysis examines the relationship between two sets of comparable data. One set of data is always a universe of people or objects, usually a large number of 100 or more, that can be turned into a percentage. The other set of data relates to some interesting characteristic of the people or objects, that can be measured and also turned into a percentage. For example, we might decide to look at a group of 100 friends, all of whom are at least occasional beer drinkers, and compare how much beer they drank last week.
Secrets for Success and Happiness by Og Mandino
by Edward
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