The 80/20 Principle: The Secret of Achieving More with Less

Richard Koch started his first venture when he was 13. After making the mistake of working for big companies in his twenties, Koch was a consultant with The Boston Consulting Group and partner of Bain & Company. He co-founded LEK Consulting, the most successful, fastest growing and most profitable 'strategy boutique' of the 1980s. In the 1990s he rescued Filofax and Plymouth Gin from near-death, built up Zola Hotels, and co-founded the Belgo restaurant chain and Capstone Publishing. In 2001 he invested heavily in Betfair, a tiny online betting firm shunned by venture capitalists. He played a leading part in making it by far the world's leading betting exchange, worth more than 1.5 billion. He is the author of 13 books including The 80/20 Individual and Living the 80/20 Way. A self-confessed 'lazy entrepreneur', he lives the 80/20 way in London, Cape Town and the sunniest part of southern Spain.