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Podcast: Wheel of Life Podcast: Business|Productivity|Accountability
Episode: Use the 80/20 Rule to Grow Your Business
Description: If your business is not growing, you need to get a handle on the way you’re running it. Many business owners tend to spend a great amount of time performing unnecessary tasks that contribute little to the growth of your business. The 80/20 rule, otherwise known as the Pareto Principle, teaches that only 20% of your actions should lead to 80% of your results. Get a handle on your business by putting the 80/20 rule into effect and identifying your high payoff tasks. The 80/20 Rule (Pareto Principle) Explained Developed in the early 19th century by Vilfredo Pareto...