On Stupidity
Most fundraisers know about the Pareto Principle—that 80% of an organization’s revenue comes from 20%, or fewer, of its donors. This handy rule of fundraising is a bastardization of the work of the 19th century Italian economist Vilfredo Pareto, whose groundbreaking work helped develop the field modern economics with its data-oriented, scientific approach. Last evening […]
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January 20, 2021