• Increasing Profits with the 80/20 Rule

  • Mar 21 2024
  • Length: 10 mins
  • Podcast

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Increasing Profits with the 80/20 Rule

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  • Summary

  • The Pareto Principle, commonly known as the 80/20 rule, basically implies 80% of results come from 20% of causes. When applied to business, this principle analyzes client and sales data to understand where business owners should invest their time, money, and energy.

    In this episode, I delve into the 80/20 rule and how it allows business owners to better define which clients, services, and employees provide the best return on investment.

    In this episode, you’ll also hear:

    • Identifying high profit customers and services
    • Analyzing employee and task productivity
    • Knowing where your sales come from

    Must-listen moments:

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