Entrepreneurs: the 80/20 Rule and Keeping the Main Thing

In my Liberty League direct sales business, profits are huge and entrpreprenurs are looking for ways to make more money in direct sales using leverage. Marketing is also very important to grow business and get new customers. It's critical, though, to understand that leverage is the most powerful force in being profitable.

Identifying the areas of most significance leverage is critical in other words

The 80/20 rule was originally proposed by an Italian philospher, Pareto several centuries ago. He stated that 80 percent of your business would come from 20 percent of your customers, 80 percent of your problems would come from 20 percent of your customers and 80 percent of productivity comes from completing 20% of your tasks.

So think about how you prioritize your day and the things you have to do. What can be delegated? Outsourced? completed by your spouse, kids? associates? Keep the main thing the main thing and recognize that 80% of your benefit and profitabilty will come from 20% of your efforts. Thinking like an entrepreur, in home business direct sales.

Keeping the Main thing....
Matt Hempel
440.368.3535