The 80/20 Principle

Most business owners feel like there’s not enough hours in the day. We’re always switching from one thing to the next, and not being entirely INTENTIONAL when we switch. It feels like you have too many problems to solve and not enough time.  That’s why, in today’s episode we want to introduce you to “The 80/20 Principle”. Being ‘busy’ doesn’t always mean you’re being productive and we certainly don’t want to be busy for busy-sake! It’s IMPOSSIBLE to handle every task that gets thrown our way — and not all tasks are created equal. The 80-20 Principle, also known as the Pareto Principle is about finding the small things that give you the BIGGEST results or impact.<br/><br/>The idea is you use 80-20 to help determine what’s of VITAL importance. Then, you delegate the rest of your tasks, or simply let them go. <br/><br/>By zeroing in on the 20% of activities that leads to 80% of your results, you’ll achieve better productivity and profit in your business PLUS better efficiency and happiness in life.<br/><br/>In business, 80% of your productivity comes from 20% of tasks on your to-do list. Focus your time on high-impact tasks that increase your profits. <br/><br/>EG. As a plumbing business, you’d have things like blocked drains, installing hot water systems, pipe relining.  Or as a landscaping business, you’d have garden design, maintenance and retaining walls. BUT those services don’t make you an equal amount of profit! So go all-in on the most profitable services and the ones you most enjoy. <br/><br/>You have the capability to DESIGN our life, instead of it being by DEFAULT. CONNECT WITH US:Come see Andy and Angela LIVE at our next free event. If you’re sick and tired of working super long hours, don’t spend enough time with family or friends and have been putting off that 6-week camping trip for too long then come along to “Lifestyle Tradie LIVE”. You’ll learn how to:o   Make more PROFITo   Transform and lead STAFFo   Implement SYSTEMSo   Generate more SALESTrade-specific MARKETING<br/> <br/> So, if you want to get off the tools, scale, sell or just want to work “on” your business and not “in” your business, then this is the first steps to really set yourself up for success. GRAB YOUR TICKET HERE.