How to Use the 80/20 Rule to Fix What's Really Holding Your Business Back
About this episode
This episode discusses how to apply the 80/20 rule to improve business efficiency and focus on the most impactful areas.
Feeling overwhelmed in your business? You might be trying to fix too much at once. Let's focus small and get big results! Today, we break down the 80/20 rule and how it applies directly to your business. The idea is simple. A small portion of what you do is responsible for the majority of your results. That means 20% of your products likely drive 80% of your sales. 20% of your processes may be causing 80% of your problems. And 20% of what is on your Profit & Loss could be driving most of your profit issues. Instead of spreading yourself thin, you need to narrow your focus. Find the few things that matter most and work on those first. When you do, you can create bigger results with less effort and finally start moving your business forward. ----------------------------- DIVE IN DEEPER & LEARN MORE ABOUT YOUR NUMBERS 👉 Check Out the AFFORDABLE - Know Your Business Numbers Course http://KnowYourBusinessNumbersCourse.com NEED A BOOKKEEPER? 👉 Check out BABO Bookkeeping. https://babobookkeeping.com Yep! We can help you do your bookkeeping so you can focus on growing your business! CONTACT ME: 👉 Bookkeeping for Your Business: tammy@babobookkeeping.com WATCH VIDEOS: 👉 Watch on the…
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