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The 80/20 rule has a special application with regard to toe psychology of business success. It say that 80 percent of your success will be determined by the way you think about yourself and your world. Your mind is very powerful. Your thoughts have an inordinate impact on everything that happens to you. Nothing has any meaning except the meaning that you give to it personally. You give meaning to everything you see.
The way that you interpret things to yourself, either positive or negative, determines how you feel and react to those events. If you interpret a setback or difficulty as a learning n experience, your response will be positive and constructive. You wills seek the valuable lesson within the experience. You will actually benefit and grow from a setback or temporary failure.
Fully 80 percent of your success as an entrepreneur and as a person will determine but the way you think has been studied and written about for more than 1000 years. Throughout history, certain immutable mental laws have been discovered and rediscovered and taught in various ways, in various places.