Richard Koch

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Richard Koch (born 1950) is a former management consultant, entrepreneur, and writer of several books on how to apply the Pareto principle (80/20 rule) in all walks of life. Koch has also used his concepts to make a fortune from several private equity investments made personally. Koch’s investments have included Filofax, Plymouth Gin, Betfair and Great Little Trading Company.

In his second book on the phenomenon, The Power Laws, he discusses the 80/20 principle as a basic principle for how the universe works, and sees the process of evolution, as described by Charles Darwin, as a special case of the 80/20 principle at work.

He also emphasizes that the 80/20 principle should not only be seen as method for making decisions or selections, but it should be combined with W. Brian Arthur's concepts of positive feedback and increasing returns.

In his book, The 80/20 Way, Koch focuses exclusively on how to succeed personally as well as professionally, to make a good life as well as a living - while doing less. He pioneered the idea that we can achieve more if we relax, enjoy life more, and focus on the few things that matter uniquely to each individual.

Koch graduated from Oxford University and received an MBA from the Wharton School of the University of Pennsylvania. He lives mainly in London in England,Cape Town in South Africa, and in the south of Spain.

[edit] Selected bibliography

  • The 80/20 Principle. Nicholas Brealey Publishing, 1997, Doubleday 1998. ISBN 0385491743
  • The Power Laws. Nicholas Brealey Publishing, 2000, published in the US as The Natural Laws of Business, Doubleday 2001. ISBN 0385501595
  • The 80/20 Revolution. Nicholas Brealey Publishing, 2002, published in the US as The 80/20 Individual, Doubleday, 2003. ISBN 038550957X
  • Living the 80/20 Way. Nicholas Brealey Publishing, 2004. ISBN 1857883314

[edit] Reference

  • Koch, R.,(2004) Living the 80/20 Way: Work Less, Worry Less, Succeed More, Enjoy More, Nicholas Brealey Publishing, London, ISBN=13: 978-1-85788-331-2, ISBN=10: 1-85788-331-4