Points I cover in this article:
* The 80/20 Rule
* How to apply the 80/20 rule to your MLM Network Marketing home biz
* Why the 80/20 rule works
::: The 80/20 Rule :::
It was in the year 1906 that the Italian economist Vilfredo Pareto came up with a mathematical formula which has since transformed many businesses and people’s lives. What Vilfredo Pareto found in his studies was the fact that 20% of the Italian population had 80% of the money. When Vilfredo Pareto continued on a search, he soon found the same proportions in other countries.
What we now know about the 80/20 rule is that it equates to many things. And it all boils down to 20% of your work producing 80% of your results. And this is a fact which many people do not know, and of those who do know the 80/20 rule few apply it.
::: How to apply the 80/20 rule to your MLM Network Marketing home biz :::
The biggest benefit with the 80/20 rule is that it will keep you focused on what you actually want to achieve. The 80/20 rule is fantastic for goal setters. The 80/20 rule is designed to be used constantly and on a daily basis.
Here is a list on how you can implement the 80/20 rule into your workday:
– Use it with your MLM Network Marketing home biz opportunities goals and outcomes
When we utilize the 80/20 rule with our MLM Network Marketing home biz goals and outcomes, we are enabled with the ability to reach our goals and outcomes at a faster rate.
– Use it on your to do list
Decide exactly what you want to accomplish in your MLM Network Marketing home biz, and then apply the 80/20 rule to see which of your tasks will produce the biggest benefit.
– Use it for time management
Sit down and take a look at your MLM Network Marketing home biz objectives and apply the 80/20 rule to your time.
– For your customers
You can use the 80/20 rule on your MLM Network Marketing customers to find who your best customers and prospects are, and focus on them to produce bigger results.
::: Why the 80/20 rule works :::
As all laws and principles seem strange when we don’t have an understanding of the underlying principles of those laws, we need to increase our understanding to feel at ease and with confidence with these laws and principles.
The 80/20 rule is based on cause and effect. What is actually happening is that when you understand the right direction to focus your energy, and you put focused action in that direction then you will see a multiplied effect of your cause.
I strongly suggest you start using the 80/20 rule in your home biz. When I began using the 80/20 principle in my MLM Network Marketing home biz, I started to see better results and I was focused more in the right direction. As I continued using the 80/20 principle, I soon found that wealth was being created, and everything in my life started to improve as a result.