What is the 80/20 Rule?
The 80/20 Rule is also known as the Pareto Principle. It’s named after Vilfredo Pareto, an Italian economist. The 80/20 Rule is a ratio that holds true for almost any circumstances you can think of.
80% of your business comes from 20% of your customers.
80% of your results comes from 20% of your activity.
80% of your success comes from 20% of your goals.
How to Use the 80/20 Rule
Always apply the top 20%.
If you’re working on goals, accomplishing only the most important 2 out of 10 will give you the best results. Working on the bottom 80% may be mostly busy work with not much to show for it.
If you’re a network marketer, only 2 out of 10 reps in your downline will build their own team. Those are the reps you want to work with.
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