Use the 80/20 Rule to Grow Your Business

Wheel of Life Podcast: Business|Productivity|Accountability · Mar 9, 2023 · 8m

If your business is not growing, you need to get a handle on the way you’re running it. Many business owners tend to spend a great amount of time performing unnecessary tasks that contribute little to the growth of your business. The 80/20 rule, otherwise known as the Pareto Principle, teaches that only 20% of your actions should lead to 80% of your results. Get a handle on your business by putting the 80/20 rule into effect and identifying your high payoff tasks.

The 80/20 Rule (Pareto Principle) Explained

Developed in the early 19th century by Vilfredo Pareto, an Italian economist, the…