How’s Business?
Good I hope! But do you sometimes get frustrated about how you are progressing in your home based business? Or do you find that you are constantly being distracted whenever you turn your computer on? Or do you find yourself running around trying to get things done when actually if you look at your days progress you realise that you don’t have much to show for it? Well I know how you feel.
The 80/20 Principle To Your Business
The 80/20 principle refers to the Italian economist Vilfredo Pareto’s discovery that will help any business manage time to achieve more results. Pareto’s principle explains how you can look at many aspects of your business and then break it down into 80/20%. When you start looking at your home based business does any of the following look familiar?
80% of sales come from 20% of customers?
80% of progress comes from 20% of time?
80% of results come from 20% of plans?
The list goes on but I am sure that you understand Pareto’s principle. If you look at where you are in your business and think about how you got there, then I think that you will agree that the 80/20 principle is very relevant for all of us.
You may be very effective in your marketing strategies but are you efficient?
For some free videos on how to be more efficient in your business just click here!!!
Just keep in mind that 20% of your efforts are likely to be accounting for 80% of your profits. So stop wasting time on the ‘trivial’ and concentrate on the ‘critical’.
Feel free to comment below if you have anything to add to this post! 
