[[:encoded, "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 their 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. \n\nIf you don’t already know this, the Pareto Principles was developed in the early 19th century by Vilfredo Pareto, an Italian economist. The Pareto Principle was used to explain why only 20% of the population was responsible for 80% of the country’s wealth. It was later in the mid-1900s that the theory of the Pareto Principle was modified by Dr. Joseph Duran. When applied to cause and effect, he theorized that 20% of actions (cause) would produce 80% of the end results (effect). Because Duran’s theory expanded on Pareto’s original version of the 80/20 rule, Dr. Duran’s theory soon became known solely as the Pareto Principle. \n\nIf you get value from these Podcasts, please take a minute to leave me a short review. I would really appreciate it. Let me know if you would like me to talk about certain topics that you feel would be of value to you.\n\nTake advantage of all the complimentary business tips and tools by joining the Free Silver Membership on https://www.accountabilitycoach.com/coaching-store/inner-circle-store/. \n\nCheck out all the great free high-content business success training web classes, by going to https://www.accountabilitycoach.com/free-articles/free-webinars/.\n\nWant more from The Accountability Coach™, subscribe to more high-value content by looking for me on www.accountabilitycoach.com or most podcast platforms and in most English-speaking countries, or by going to https://itunes.apple.com/podcast/accountabilitycoach.com/id290547573. \n\nSubscribe to my high-value business success tips Blog (https://www.accountabilitycoach.com/blog/) \n\nSubscribe to my YouTube channel with business success principles (https://www.youtube.com/annebachrach)\n\nConnect with me on Linked-In (https://www.linkedin.com/in/annebachrach) \n\nConnect with me on Pinterest (https://pinterest.com/resultsrule/)\n\nConnect with me on Instagram (https://www.instagram.com/annebachrach/)\n\nConnect with me on Facebook (https://www.facebook.com/TheAccountabilityCoach) \n\nGo to https://www.accountabilitycoach.com to check out for yourself how I, as your Accountability Coach™, can help you get and stay focused on you highest payoff activities that put you in the highest probability position to achieve your professional and personal goals, so you can enjoy the kind of business and life you truly want and deserve. \n\nAs an experienced accountability coach and author of 5 books, I help business professionals make more money, work less, and enjoy even better work life balance.\n\nCheck out my proven business accelerator resources by going to https://www.accountabilitycoach.com/coaching-store/. \n \nAim for what you want each and every day! \nAnne Bachrach\nThe Accountability Coach™\n\nBusiness professionals and Advisors who utilize Anne Bachrach’s proven business-success systems make more money, work less, and enjoy better work life balance.\n\nAuthor of Excuses Don’t Count; Results Rule, Live Life with No Regrets, No Excuses, the Work Life Balance Emergency Kit and more. Get your audio copies today."]]
Published on 3 years, 9 months ago
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