Richard has authored or co-authored around 25 books dealing with business, ideas, and personal success. “Koch is someone worth listening to,” says Roger Trapp of The Independent, because of his own success as consultant, entrepreneur, and author.
In 1997, The 80/20 Principle pioneered a reinterpretation of the so-called “Pareto Rule” – extending the idea that most worthwhile results come from a small minority of effort from business, where it was well known, to include personal life and careers. The book, substantially updated in 2007, has become a business classic, being named by GQ as one of the top 25 business books of all time. The Weston Review said, “We give this Dali-esque masterwork 5 stars… a beautiful collage of well-written prose… the book is worth many times its price.” The 80/20 Principle has sold over one million copies and has been translated into more than 40 languages.
Several observers maintain, however, that Richard’s best book is The Power Laws, which was published in the US under the title The Natural Laws of Business. getAbstract.com said, “Richly detailed and splendidly written, this page-turner applies the laws of science to economics and business … Koch is smart enough and skillful enough to move beyond simple parallels and use the science to identify and explain core elements of the business. GetAbstract.com highly recommends this soon-to-be classic to everyone in the business world.”