How to Make the 80/20 Rule Work for You

You’ve heard of the 80/20 rule, haven’t you?  80% of the business is done by the top 20% of the people.  As you develop and grow your business, you’ll find that:

Baby entrepreneur
Image by GrahamKing via Flickr

* 80% of your money is coming from 20% of your clients
* 80% of your money comes from 20% of your products or services
* 80% of your effort produces only 20% of your results

What would it mean if you flipped this to your advantage?

How do you put this information to work for you?

First, look at where you’re investing yourself.

Are you investing too much of yourself, your time and your effort in the 80% of your clients and your services that don’t bring you the majority of your income? Getting clear on where the payoff is in how you spend your time and with who can be a huge game changer for your business and your peace of mind.

Secondly, look at your attitude.

Develop an attitude that no matter what the situation, there are people who want your products and services and are happy to pay what you ask to get them. Then focus on the 20% of your products and services that are most highly valued by the 20% of your clients that are really producing your income.

Third, look at the vision that your attitude produces.

The top 20% of entrepreneurs are preparing for their day with a positive vision of what each day holds for them.  The rest are setting themselves up for a difficult day of dealing with uncooperative people who ask them questions they can’t answer and who don’t appreciate their service; they probably can’t afford their product and may not even be the person who is empowered to make the decision.  Guess how their day turns out?

Which attitude would you rather start your day with?  Your first choice is visualizing a client who is perfect for you, whatever that looks like in your business.  Or you can visualize the client that makes your day very unpleasant.  These are your choices.  Whether you realize it or not, you always have a picture in your head of what you expect each day.  Once you are consciously aware of it, you can change it.

So let me ask you, which visualization creates a situation where you can make some money today?

I think I know the answer, and yet everyday people go to work just knowing that the negative day is what they will experience.  They know this because they have been unconsciously programming themselves to achieve that goal just as I am asking you to begin the practice of actively visualizing exactly the opposite outcome for your day.

If you don’t consciously choose a positive proactive attitude, your sub-conscious programs that have been operating your life will continue to do so.  The only way to make a change in your life is to make a conscious decision.  It’s up to you to decide if the way you’ve been thinking is still working for you or if it’s time for a new approach.

Decide now that you are moving from the 80% to the top 20% and then to the top one percent.  It’s all up to you.  Everything it takes to get there is already inside of you.

Until next week, I’d love to hear your thoughts.  Just comment on this post on my blog at http://www.LynnPierce.com

If you would like personal mentoring, send me an email detailing what you would like help with.  As your mentor I hold a bigger vision for you than you hold for yourself.  When you have faith and a team that believes in you, it gives you courage.  When you don’t have to do it all yourself, all things are possible for you.  Commit today to go for your dream 100%.

Lynn Pierce, the Success Architect, has taught people how to combine business and personal development to reach the pinnacle of success and live the life of their dreams for over 25 years. In addition, she is also the founder of one of the most exciting annual events for women entrepreneurs, “Empowered Women’s Business  Summit“. Now she shares her keys to success and life mastery with you. You can get my special report, “What Do You Stand For? A No B.S. Guide to Creating Your Own Personal Manifesto” at
http://LynnPierce.com

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