The 80/20 Rule Applies to Everything

When it comes to attracting money, making money from your passion, discovering your passion and purpose, cultivating loving relationships,getting into shape and EVERYTHING else…

The 80/20 rule applies!

So what is the 80/20 rule?

Most of us have heard of it, but typically it is used when people are talking about sales and business…

Since I’m telling you that the 80/20 rule applies to EVERYTHING I need to tell you what it is AND how to use it!

It’s simple really…

When you break down your actions in any area of your life, I promise you that you will find that about 20% of these actions are the ones that bring you results.

So, the 80/20 rule means this…

Spend 80% of your time on the 20% that brings you results!

For most people it is the opposite…

Most people spend 80% of their time on the 80% that doesn’t bring them results…

Why?

Because most often the 80% that doesn’t bring you the most results is where it is easiest to throw your energy.

Let me use business as an example…

A good friend of mine has a very successful business…but it wasn’t that way only 2 years ago…

I worked with him and coached him and this is what we did.

  • First we assessed his subscriber/customer base. We realized that 20% were the customers that brought in the most revenue.
  • Then we looked at where he was spending the majority of his time and where do you think the majority of his time was going?

YOU GUESSED IT…

He was spending 80% of his time dealing with questions, issues and requests made by the 80% of his subscribers/customers that didn’t continually bring in revenue…

Yikes!

That explained it…

Of course he knew that he still needed to give those people attention, but certainly not the majority of his attention. So we created systems and brought on a great customer service rep and took other measures to make sure those 80% were taken care of but in only 20% of the time.

He then put the bulk of his efforts and focus on cultivating his relationship with the 20% and his business boomed.

It is the same with money…

I worked with a client last year who was spending 80% of his time on product refinement and 20% of his time on marketing.  Now, I am the first one to tell you that you HAVE to provide value in any product or service you provide…

BUT

Once you have a valuable product or service to offer, you MUST spend 80% of your time getting it out there or the value won’t matter.

Think about it…

How does this apply to:

  • Making Money?
  • Losing Weight?
  • Attracting your Perfect Mate?
  • Discovering and Living Your Passion?
  • Living an Abundant and Healthy Life?

etc. etc. etc.

Here’s an exercise for you:

  1. Break your life into categories like Health, Finances, Relationships, Business, Spirituality, Relaxation and Fun etc.
  2. Write down the actions, experiences etc. that bring you the most success in each category
  3. Write down the actions, experiences etc. that you spend the bulk of your time on in each category

If you answered the same things for #2 and #3…

Good for you…

If you didn’t (and that will be most of you)…

You need a plan…

How can you start to shift so that you spend 80% of your time and resource on the 20% that brings you the most results?

Use my business example above to help guide you…

Leave a comment here so I can help you and hold you accountable…

Go Big!

Kristen


2 Responses to “The 80/20 Rule Applies to Everything”

  1. Dias says:

    Hi Kristen,

    This is a very well-written article on the 80/20 rule. I wholly agree with you that the 80/20 rule applies everything.

    I once did a supply chain management project that is about pareto analysis. It is about 80% of the operational problems is attributed to a few key causes (20%).

  2. Migen L. Osorio says:

    Dear Kristen,
    Your revealing analysis of where people spend their time in and with whom has set me to redirect my thinking. Not only must we manage our time well, but also we must know what is the most profitable way to spend our time. Aside from knowing with whom we must spend our time, we must know that whatever resource we have must be maximized and wrung to the fullest. Time is money. If we want to have greater revenue, we must know how to make use of our time and use it wisely and well.
    In other words we must set priorities and act on them. And having done so, we can be assured that success is just around the corner.
    Everything is possible if we reasonably work towards getting it. We are limited only by the limits we set for ourselves. Above all, let us look to the Higher Power that governs us all. With this nothing can go wrong. Godspeed!

Leave a Reply