![]() ![]() There are so many ways the 80/20 rule can transform your business, including: But how, exactly, can putting the Pareto principle to work in your business (and your life!) create positive and productive change? You know how it impacts productivity and some of the ways it may play out in your business operations. How Adopting an 80/20 Mindset Can Change Your Business-and Your Life But no matter how unique your business may be, we promise if you look hard enough, you’ll see the 80/20 rule at play in various areas of your operations. With the 80/20 rule, there are no hard and fast rules the way the Pareto principle plays out in your business is going to depend on your systems, your products or services, your customers and the other factors that make your business unique. 80% of your revenue may come from 20% of your customers and/or clients.80% of your sales may come from 20% of your sales team.80% of your leads may come from 20% of your lead generation sources.80% of your new customer acquisitions may come from 20% of your discovery calls.Still not sure how the Pareto principle applies to you and your business? There are a myriad of ways the Pareto principle can play out in small and midsize businesses (SMBs), for example: Examples of the Pareto Principle in Action And just as importantly, it allows you to identify where you’re spinning your wheels without getting results, so you can let those tasks go and put your time and energy into what’s actually working for you. The point is, the 80/20 rule allows you to maximize your efforts, making sure that everything you do is driving the highest level of results. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |