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Show Notes
As a business owner or side hustler you want to focus on what’s most important to your business. John and I are both big believers in the 80-20 rule. It’s a method to show what’s truly driving your business and will help you focus on the vital few activities, clients, or products that make you the most money.
KEY TAKEAWAYS
- What is driving your business and the money you’re putting in
- Focus on what you excel at, find the 20% of what is happening in your business that makes you the most money
- Make sure you’re using the 80/20 rule across the board
HOMEWORK
- Review your revenue and profit year to date by product, client, sales channel
- Extra credit: relate your hours invested per project to revenue and profit
LINKS
The Pumpkin Plan – http://amzn.to/2gYkUPe
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The post MFP 020: What is the “80-20” Rule? appeared first on MADE FOR PROFIT.