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Podcast: Be a PROFITABLE Badass Small Business Owner
Episode: What the Pareto Principle Means in Your Business
Description: EPISODE 236 of The Local Small Business Coach Podcast What the Pareto Principle Means in Your Business Β In today's episode: Β Many of us are familiar with the Pareto Principle otherwise known as the 80/20 rule. This rule can be used in many ways when looking at your business. For example, 80% of your sales come from a core 20% of your customers (or leads). It could also mean that 20% of your processes result in 80% of your results. By using the 80/20 rule, you can take almost any situation and focus on the stuff that ma...