[[:encoded, "For the purpose of putting the 80/20 Rule into context, let’s say that 20% of your employees are responsible for driving 80% of your sales, or 20% of your clients make up 80% of your product sales income. \n\nTo grow your business and success, it’s vital that you closely analyze your business model and examine which 20% of your actions are accountable for 80% of your results. \n\nPut the 80/20 rule into action by focusing in on specific tasks that will result in driving sales and revenue. Instead of relentlessly marketing your business to new clients, focus more of your attention on up-selling to your existing clients. It takes as much as ten times the effort to get new clients to purchase from you as it does to up-sell to an existing client.\n\nReview your product and service sales for the past two years. If you have products or programs consistently not selling - close them out at a reduced cost or completely discontinue them. Identify the products or services (usually 20% of your stock) that consistently sell and then focus your energy on driving more sales to more clients.\n\nIf you’ve received client feedback, let’s say, on an eBook you wrote, the instinctive solution would be to either address each inquiry individually or release an updated version of the eBook, free of charge. Remember, the Pareto Principle is about doing more with less effort. You already have the issues to address, all you simply have to do is put it in information form.\n\nTake advantage of the complimentary business tips and tools by joining the Free Silver Membership on https://www.accountabilitycoach.com/coaching-store/inner-circle-store/. Check out all the great free high-content training web classes, by going to https://www.accountabilitycoach.com/free-articles/free-webinars/.\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\nGo to https://www.accountabilitycoach.com/Achieve.Your.Goals.Free.Gifts.Now/ and get 3 FREE gifts including a special report on 10 Power Tips for Getting Focused, Organized, and Achieving Your Goals Now. Join the Silver Inner Circle (IT’S FREE) and receive 10% off on all products and services in addition to having access to many assessments and complimentary resources, so you can begin achieving your goals in the timeframe you want and have the life you desire. Get started today by going to https://www.accountabilitycoach.com/coaching-store/inner-circle-store/ and Join the FREE Silver Inner Circle. \n\nCheck out all the great free high-content training courses, by going to https://www.accountabilitycoach.com/free-articles/free-webinars/.\n\nAim for what you want each and every day! \nAnne Bachrach\nThe Accountability Coach™\n\nTo help you stay focused and on track to achieving your goals, check out these other high-value resources.\n- Subscribe to my Accountability Coach iTunes podcast for longer high-value content (https://itunes.apple.com/podcast/accountabilitycoach.com/id290547573) \n- Check out my Blog (https://www.accountabilitycoach.com/blog/) \n- Subscribe to my YouTube channel (https://www.youtube.com/annebachrach)\n\nBusiness professionals and entrepreneurs who utilize Anne Bachrach’s proven business-success systems make more money, work less, and enjoy better work life balance.\n\nWant more from The Accountability Coach™, subscribe to more high-value content by going to https://itunes.apple.com/podcast/accountabilitycoach.com/id290547573. \n\nGet your daily Accountability Minute shot of a single, simple, doable idea, so you can start your day off on the \"right foot\", subscribe to it based on your country.\n \nThe Accountability Minute on Amazon's Alexa in the USA: https://www.amazon.com/Accountability-Minute-Anne-Bachrach/dp/B07F5H2KGB \n \nThe Accountability Minute on Alexa in Canada: https://amzn.to/2MpvUmx\nThe Ac
Published on 5 years, 11 months ago
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