Pareto Principle - Identify the High Payoff Tasks to Grow Your Business
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You can apply the 80/20 Rule to almost anything. For the purpose of putting the 80/20 Rule into context, let’s say that 20% of your employees are responsible for driving 80% of your revenue, or 20% of your clients make up 80% of your product or services sales and revenue. To grow your business and success, it’s vital that you closely analyze your business model and examine which 20% of your actions are accountable for 80% of your results. Put the 80/20 rule into action ...
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