Monday, November 12, 2007

A Rule To Live By

By now, you've more than likely heard of the 80/20 rule.


80% of your results come from 20% of your efforts.


Or 80% of your revenues come from 20% of your customers, etc.


It can even be 90/10, or 95/5/, or even 99/1.


So if you know that rule, shouldn't you be looking at things like:


- Which select clients are sending you the most referrals?


- Which marketing activities are bringing in the most leads? And which seem to be a waste of time?


- Which 20% of clients are giving you 80% of the grief? So you can recognize those traits and refuse to accept new prospects who you know will turn into those types of problem clients?


See where I am going with this?


Make the most of your efforts.


Who loves ya? ;-)


Yours in prosperity,


Jim Labadie


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