80/20 Business Wins
Are you wasting 80% of your working week making just 20% of your profits?
Engaging Tweets
Ambitious business owners shouldn’t be wasting 80% of their working week…
Why are so many ambitious business owners wasting 80% of their working week?
How to use the 80/20 principle in your business to achieve more, make more profit and be more successful.
Which 20% of the work that you do in your business is high-value?
What happens when you identify the 20% of your time, effort and resources responsible for 80% of your results.
What can business owners learn about 80/20 success from Italian economist Vilfredo Pareto?
When was the last time you looked closely at the balance of your work?
Think of the possibilities you have if 4 days of your working week produces only 1 days’ worth of results.
Can you as a business leader afford to ignore the 80/20 principle and its value to you and your business.
Have you heard of the 80/20 principle and will your business will benefit from it?
Apply the 80/20 principle to your business today and enjoy ‘business wins’
What happens to the profits of your business when you start to think like IBM?
Apply the 80/20 principle in your business, like IBM did and watch your profits grow…
Learn how to apply the 80/20 principle effectively in your business today!
Implement actions today to give your business an 80/20 payoff!
Why changing the way you look at your customer list will change the future of your business…
Start seeking out ways to put 80/20 to work on your customer list
Focus on the 20% of customers that bring in 80% of your profits
Learn the value to your business on focussing on Penthouse guests
How can the sales of carpet tiles influence the way you sell your products and services?
Why carpet wear in Georgia has everything to do with the long-term success of your business…
What could you do to your product offering to serve your customers better and build a better business…
Learn how Interface became a market leader in carpet selling by using 80/20 business wins to achieve their success
80/20 – ignore it and your profits suffer
Spend time working on the parts of your business that matter
The 80/20 principle is potentially too valuable to ignore…
Look for 80/20 ‘business wins’ today
Finding the 80/20 ratios in your business is crucial for maximizing performance.
Here’s how you achieve ‘80/20 wins’ from your use of time…
Here’s how to apply the 80/20 principle to the working day in your business
Here’s an exercise to win you more time in the day to do high value work
Here’s how to ditch the 80% of tasks that are of little or no value to you or your business…
LinkedIn Updates
1. Almost every business owner complains about the sheer number of demands on their time.
How many times do you get to the end of the working day still having not achieved everything you wanted to…
I am sure you despair about time swiftly slipping through your fingers. Click here to learn how to change this…
2. If time is so short, why would any right-minded business owner waste 80% of their working week generating just 20% of their profits?
Interestingly you probably don’t even realise that you do this, you have probably never heard of the 80/20 principle. Click here to learn what it is and how when applied correctly to your business it can guarantee your future success.
3. The world is unbalanced, the way you live your life is unbalanced, so it stands to reason that the way you work or run your business is unbalanced too.
How often in life do you spend time on the little things, and how long do they sometimes take.
Click here to learn that when you start to look closely at your time, whether personally or professionally you will almost certainly find an 80/20 imbalance.
4. Think of the possibilities you have if 4 days of your working week produces only 1 days’ worth of results.
Can you therefore, as a business leader afford to ignore the 80/20 principle and its value to you and your business.
So, what is the 80/20 rule and where did it come from? Click here to learn more
5. In 1963 IBM achieved a competitive advantage by applying 80/20 thinking to their business.
They realised that 80% of a computers time was spent executing 20% of the operating code.
So, IBM redesigned the entire operating software. The redesign had the 80/20 principle at its heart.
Click here to learn how to apply the 80/20 principle effectively in your business today!
6. IBM took all the benefits of the 80/20 rule and used them to their advantage thus stealing an early march on all their competition.
They changed the software to make their computers faster, more efficient and easier to use.
So how do YOU apply the 80/20 rule to your business and start to think like IBM? Click here to learn more
7. When was the last time you looked at your customer list? The full list…
When you look closely at it you will see an imbalance.
The chances are that 20% of your profits will be generated by 80% of your customers…
Click here to learn how to apply the 80/20 principle to your business and redress this balance…
8. Click here to start seeking out ways to put 80/20 to work on your customer list and focus on the 20% of customers that matter most to the future of your business…
9. The 80-20 rule in business means that 20% of your time should be spent on the areas of your business that create 80% of your results.
Click here to learn how this ratio can help you become more efficient and more profitable.
10. By identifying and focusing more time on the most important areas, you can achieve higher growth and better results. Click here to learn how…
11. In Richard Koch’s book ‘The 80/20 Principle – The Secret of Achieving More with Less, he told a great story about a modest company in Georgia, USA called Interface Inc. They sold carpets and made average profits.
They applied the 80/20 principle to their business and turned their company from an also ran into a winner. Click here to learn more…
12. It's easy to dismiss the 80/20 principle as just another business gimmick, but if it worked 100 years ago to decide the wealth of a nation and it transformed the fortunes of IBM and a small carpet business in Georgia surely it is worthy of a little attention… Click here to learn more.
13. Yes, your business is unique, but just spending a little bit of time might help you find at least one way using the 80/20 principle to improve the results of your business, click here to learn its value to the future success of your business.
14. Spend your time working on the parts of the business that you can improve significantly with your core skills and leave the tasks that are outside your best 20% to other people. Work hardest on elements that work hardest for you. Click here to learn why
15. Your time is precious, so how do you avoid wasting up to 80% of your working week?
Who’d choose to work 4 days a week to produce only 1 days’ worth of results?
And yet you have not implemented the universally recognised, provenly successful 80/20 principle in your business when it comes to time management. Click here to learn how to make a start today...
16. Click here to read 5 proven steps to help you achieve 80/20 wins in your business
17 Make better planning of your time the key your business 80/20 wins, click here to read how the 80/20 principle can transform the success of your business.
Facebook Posts
1. Almost every business owner complains about the sheer number of demands on their time.
How many times do you get to the end of the working day still having not achieved everything you wanted to…
I am sure you despair about time swiftly slipping through your fingers. Click here to learn how to change this…
2. If time is so short, why would any right-minded business owner waste 80% of their working week generating just 20% of their profits?
Interestingly you probably don’t even realise that you do this, you have probably never heard of the 80/20 principle. Click here to learn what it is and how when applied correctly to your business it can guarantee your future success.
3. The world is unbalanced, the way you live your life is unbalanced, so it stands to reason that the way you work or run your business is unbalanced too.
How often in life do you spend time on the little things, and how long do they sometimes take.
Click here to learn that when you start to look closely at your time, whether personally or professionally you will almost certainly find an 80/20 imbalance.
4. Think of the possibilities you have if 4 days of your working week produces only 1 days’ worth of results.
Can you therefore, as a business leader afford to ignore the 80/20 principle and its value to you and your business.
So, what is the 80/20 rule and where did it come from? Click here to learn more
5. In 1963 IBM achieved a competitive advantage by applying 80/20 thinking to their business.
They realised that 80% of a computers time was spent executing 20% of the operating code.
So, IBM redesigned the entire operating software. The redesign had the 80/20 principle at its heart.
Click here to learn how to apply the 80/20 principle effectively in your business today!
6. IBM took all the benefits of the 80/20 rule and used them to their advantage thus stealing an early march on all their competition.
They changed the software to make their computers faster, more efficient and easier to use.
So how do YOU apply the 80/20 rule to your business and start to think like IBM? Click here to learn more
7. When was the last time you looked at your customer list? The full list…
When you look closely at it you will see an imbalance.
The chances are that 20% of your profits will be generated by 80% of your customers…
Click here to learn how to apply the 80/20 principle to your business and redress this balance…
8. Click here to start seeking out ways to put 80/20 to work on your customer list and focus on the 20% of customers that matter most to the future of your business…
9. The 80-20 rule in business means that 20% of your time should be spent on the areas of your business that create 80% of your results.
Click here to learn how this ratio can help you become more efficient and more profitable.
10. By identifying and focusing more time on the most important areas, you can achieve higher growth and better results. Click here to learn how…
11. In Richard Koch’s book ‘The 80/20 Principle – The Secret of Achieving More with Less, he told a great story about a modest company in Georgia, USA called Interface Inc. They sold carpets and made average profits.
They applied the 80/20 principle to their business and turned their company from an also ran into a winner. Click here to learn more…
12. It's easy to dismiss the 80/20 principle as just another business gimmick, but if it worked 100 years ago to decide the wealth of a nation and it transformed the fortunes of IBM and a small carpet business in Georgia surely it is worthy of a little attention… Click here to learn more.
13. Yes, your business is unique, but just spending a little bit of time might help you find at least one way using the 80/20 principle to improve the results of your business, click here to learn its value to the future success of your business.
14. Spend your time working on the parts of the business that you can improve significantly with your core skills and leave the tasks that are outside your best 20% to other people. Work hardest on elements that work hardest for you. Click here to learn why
15. Your time is precious, so how do you avoid wasting up to 80% of your working week?
Who’d choose to work 4 days a week to produce only 1 days’ worth of results?
And yet you have not implemented the universally recognised, provenly successful 80/20 principle in your business when it comes to time management. Click here to learn how to make a start today...
16. Click here to read 5 proven steps to help you achieve 80/20 wins in your business
17 Make better planning of your time the key your business 80/20 wins, click here to read how the 80/20 principle can transform the success of your business.
Blog Posts
BLOG 1 – How to use the 80/20 principle in your business to achieve more, make more profit and be more successful.
Almost every business owner complains about the sheer number of demands on their time.
How many times do you get to the end of the working day still having not achieved everything you wanted to…
I am sure you despair about time swiftly slipping through your fingers.
If time is so short, why would any right-minded business owner waste 80% of their working week generating just 20% of their profits?
Interestingly you probably don’t even realise that you do this, you have probably never heard of the 80/20 principle…
However, when you put this 80/20 imbalance to work for you and your business you can achieve more, make more profit and be more successful.
In short, this 4-page business bitesize report shows you how to put the 80/20 principle to work on your time, your client list and your marketing activities.
Identify the 20% of your time, effort and resources responsible for 80% of your results.
Then work out how to do more of the 20% high-value work.
Click here (URL to your webpage BBS) now to learn how a few simple changes in the way you run your business can bring you 80/20 wins.
BLOG 2 - What can business owners learn about 80/20 success from Italian economist Vilfredo Pareto?
The world is unbalanced, the way you live your life is unbalanced, so it stands to reason that the way you work or run your business is unbalanced too.
How often in life do you spend time on the little things, and how long do they sometimes take.
When you start to look closely at your time, whether personally or professionally you will almost certainly find an 80/20 imbalance.
Think of the possibilities you have if 4 days of your working week produces only 1 days’ worth of results.
Can you therefore, as a business leader afford to ignore the 80/20 principle and its value to you and your business.
So, what is the 80/20 rule and where did it come from?
The 80/20 rule (as a rule of thumb) states that 80% of outcomes can be attributed to 20% of all causes for any given event.
In business it is often used to point out that 80% of a business’s profits are generated by just 20% of its customers.
This is often a statistic that shocks most business owners…
But…
Check your customer list and your profits and you will find the imbalance is there…
The 80-20 rule is also known as the Pareto principle, as it was first used by the Italian economist Vilfredo Pareto to describe the distribution of wealth in Italy in the early 20th century. It was introduced in 1897 when Pareto proved that 80% of the wealth in Italy was owned by 20% of the population.
But 80/20 is as relevant now as it was to Pareto 100 years ago, and can be applied to much more than the wealth of nations. Why not apply 80/20 to your time, effort and resources and see how it improves your results? (URL to your webpage BBS)
BLOG 3 – Apply the 80/20 principle in your business, like IBM did and watch your profits grow…
In 1963 IBM achieved a competitive advantage by applying 80/20 thinking to their business.
They realised that 80% of a computers time was spent executing 20% of the operating code.
So, IBM redesigned the entire operating software. The redesign had the 80/20 principle at its heart.
They changed the software to make their computers faster, more efficient and easier to use.
The took all the benefits of the 80/20 rule and used them to their advantage thus stealing an early march on all their competition.
So how do YOU apply the 80/20 rule to your business and start to think like IBM?
You work time is precious… No one likes wasting time. Everyone wants to be more productive.
So, if 80% of your time produces 20% of your results it suggests 2 actions:
1) Spend less time on low value work – the tasks that currently take up your 80%
Admin, answering the general office phone, signing for deliveries, managing the spam in your inbox, even managing some of your calendar
I am sure you don’t have to attend every internal meeting or open your own post…
2) Spend more time on the high value work – the tasks that currently take up your 20%
High value customer calls, high value customer visits and meetings, pursuing new customers and business and following up on new leads…
You can delegate the low value work or train someone else to do it or simply not do it (if you stop answering the phone, someone else in the team will).
This leaves you free to focus on the high value work that brings in most of your profits.
Click here (URL to your webpage BBS) to be like IBM and change the software of your business. Implement actions today to give your business an 80/20 payoff!
BLOG 4 – Why changing the way you look at your customer list will change the future of your business…
When was the last time you looked at your customer list? The full list…
When you look closely at it you will see an imbalance.
The chances are that 20% of your profits will be generated by 80% of your customers…
It might be slightly less, it might be slightly more – but the imbalance will be there…
Then look at how much time you spend on the 80% of customers.
It is also probable that the 80% cause the most trouble…
On a micro level these customers probably order more frequently, very low value items, have more deliveries, complain the most, ring the most and pay the latest.
The high value customers probably have 1 or 2 large deliveries, hardly phone and pay on time.
Ok… I am applying a general rule but when you look down your list this will broadly be true…
In fact, you might speak to your smaller customers more and yet losing them would not make a massive difference to your bottom line, ironically, they probably get a better service than the top 20%.
This imbalance needs to be addressed for your business to be truly successful.
It pays for your business to focus on the top 20% of your customers, the ones that mean the survival and future of your business…
For example, it makes sense for a hotel to look after the long term penthouse suite guest rather than the single room, one night stay guest.
The person in the penthouse should be checked in immediately on arrival, should get room service first and should get the best linen the hotel has, the one-night guest simply should not…
The Penthouse guest and others like them are the reason the hotel is in business, the one-night guests come and go…
Download this 4 page report about the 80/20 principle in your business. (URL to your webpage BBS)
Start seeking out ways to put 80/20 to work on your customer list and focus on the 20% of customers that matter most to the future of your business…
BLOG 5 – How can the sales of carpet tiles influence the way you sell your products and services
The 80-20 rule in business means that 20% of your time should be spent on the areas of your business that create 80% of your results.
This ratio can help you become more efficient and more profitable.
By identifying and focusing more time on the most important areas, you can achieve higher growth and better results.
Most successful businesses tend to focus this on their customers – they switch the balance round and rather than focusing on 80% of their customers that only generate 20% of their profits they spend more time on the top 20% of their customers that bring in 80% of their profits…
But the 80/20 principle can be applied to all aspects of your business, not just customers. It can be meetings, human resources and training…
Or, as in the case of Interface the products and services you sell…
In Richard Koch’s book ‘The 80/20 Principle – The Secret of Achieving More with Less, he told a great story about a modest company in Georgia, USA called Interface Inc. They sold carpets and made average profits.
They applied the 80/20 principle to their business and turned their company from an also ran into a winner.
Interface sold carpets mainly to business premises. They realised that 80% of the wear and tear occurs on only 20% of any carpet (the walk way areas, the areas under desks and by doors).
So, they altered their business model.
They now lease carpet tiles, so customers no longer need to replace a whole carpet when 80% of it is still perfectly fine.
Their customers lease carpet tiles off Interface and Interface frequently visit their customers, inspect the carpet and replace any worn tiles.
This application of the 80/20 principle has transformed the success of the Interface business which became a £500m success but also lowered costs for the customer and secured their future loyalty.
Are you applying this same logical 80/20 thinking to your business?
Start looking for 80/20 wins in your business, there will be more than you think… (URL to your webpage BBS)
BLOG 6 – 80/20 – ignore it and your profits suffer
Its easy to dismiss the 80/20 principle as just another business gimmick, but if it worked 100 years ago to decide the wealth of a nation and it transformed the fortunes of IBM and a small carpet business in Georgia surely it is worthy of a little attention…
Yes, your business is unique, but just spending a little bit of time might help you find at least one way using the 80/20 principle to improve the results of your business.
The first job is to identify your top 20% of customers, your top 20% of products and services, your top 20% of activities and your top 20% of high value time.
In a business sense, finding the 80/20 ratios is crucial for maximizing performance.
Find the customers, products or services that generate the most income (the 20%) and drop the rest (the 80%) that only provide marginal benefits.
This sounds brutal but reducing the products that make little or no profit and the number of lowest value customers is easier to achieve and makes perfect business sense.
Spend your time working on the parts of the business that you can improve significantly with your core skills and leave the tasks that are outside your best 20% to other people. Work hardest on elements that work hardest for you.
What is clear is 80/20 is potentially too valuable to ignore – click here to maximise the benefits for your business… (URL to your webpage BBS)
BLOG 7 – Here’s how to ditch the 80% of tasks that are of little or no value to you or your business…
Your time is precious, so how do you avoid wasting up to 80% of your working week?
Who’d choose to work 4 days a week to produce only 1 days’ worth of results?
And yet you have not implemented the universally recognised, provenly successful 80/20 principle in your business when it comes to time management.
Here are 5 proven steps to help you achieve 80/20 wins in your business:
1) Colour-code each activity in your diary or outlook calendar for 80/20.
Go back to last week and highlight the low value time (80%) in red and the high value time (20%) in green
2) Decide which low value (red time) activities are easier to stop and which are harder
Identify the items that can be delegated quickly, require minimal training or simply not done at all
3) Work out how to stop doing the ‘easy to stop doing’ red time activities:
The options are:
· Don’t do it again – ever
· Delegate to a team member
· Delegate to another business – externally
· Leave it until later
There are some red time activities that you currently do that will obviously still need doing – this does not mean that you must be the one to do them.
4) Decide which high value (green time) activities you should be doing more of
These are the activities that deliver the biggest results for your business. A successful product line in need of promotion, high value customer visits…
5) Build more high value (green time) activity into your diary and plan a phased increase, then make it happen.
So much of our diary is unplanned ebb and flow but by looking for 80/20 wins you will plan better and make better use of your time.
Make better planning of your time the key your business 80/20 wins, click here to read the 4-page report on how the 80/20 principle can transform the success of your business.
Download this report and follow the link to the supporting tools within the report to give you further insights and resources to help your business achieve greater profitability with 80/20 wins. (URL to your webpage BBS)
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Subject: Are you wasting 80% of your working week making just 20% of your profits?
Preview Text: Your complimentary Business Breakthrough
Main email wording:
Hello,
Here’s a Business Bitesize report to help you improve your business.
You’ll receive these 4-page reports from us from time to time; we hope you find them useful; and we hope you put them to work too. If you do we’d love to hear about it.
80/20 Business Wins
Almost every business owner we know despairs at the sheer number of demands on their time. They complain about time swiftly slipping through their fingers.
So why would any right-minded business owner waste 80% of their working week generating just 20% of their profits?
Business Bitesize in a nutshell...
The world is unbalanced. The work we do is also unbalanced.
And because it’s unbalanced, it pays to focus on the few things that really pay off for our business.
A hundred years ago an Italian economist proved that 80% of the wealth in any country was enjoyed by just 20% of the population.
This 80/20 principle is just as relevant now and shows up in all aspects of business life.
Here's a proven solution for you...
Identify the 20% of your time,effort and resources responsible for 80% of your results.
Then work out how to do more of the 20% high-value work.
I hope you find value in this Business Bitesize edition
Email to go with Blog 1
Headline: Ambitious business owners can’t afford to be wasting 80% of their working week…
Subheading: Achieve greater profitability with 80/20 wins in your business…
How many times do you get to the end of a working week wondering what you have done with your time?
You may not have heard of the 80/20 principle; however your business performance will improve when you start looking for ‘80/20 wins’.
In this latest blog you’ll learn how to make the 80/20 imbalance work successfully for your business.
Go here to read the blog and download the Business Bitesize ‘80/20 Business wins’.
Email to go with Blog 2
Headline: What can business owners learn about 80/20 success from Italian economist Vilfredo Pareto?
Subheading: Apply the 80/20 principle to your business today and start enjoying ‘business wins’
When you look at your working week how much time do you spend on the little things that bring little or no value to your business?
If you have not heard of the 80/20 principle one thing is clear, your business will benefit from it.
In this latest blog you’ll learn what Vilfredo Pareto proved in 1897 is just as relevant today.
Go here to read the blog and download the Business Bitesize ‘80/20 Business wins’.
Email to go with Blog 3
Headline: What happens to the profits of your business when you start to think like IBM?
Subheading: Change the software of your business today…
Your time is too precious to waste on the things that don’t matter or can be done by someone else…
Spend more time on the high value work (the tasks that currently take up 20% of your time) and your business will be more profitable…
In this latest blog you’ll learn that IBM changed the future of their business when they put the 80/20 principle at the heart of everything they did…
Go here to read the blog and download the Business Bitesize ‘80/20 Business wins’.
Email to go with Blog 4
Headline: Why changing the way you look at your customer list will change the future of your business…
Subheading: Use the 80/20 principle to transform how you use your customer list…
When you look at your customer list how much time to do spend on your high value customers?
The chances are you spend more of your time on your lower value customers?
In this latest blog you’ll learn how to address the imbalance in your time and spend more time on the customers that bring in the most money. You will improve your bottom line too…
Go here to read the blog and download the Business Bitesize ‘80/20 Business wins’.
Email to go with Blog 5
Headline: How can the sales of carpet tiles influence the way you sell your products and services?
Subheading: Are you applying logical 80/20 thinking to your business?
When it comes to growing your business which areas do you focus on the most?
Most business owners focus on their time, or their customers, but when you apply the 80/20 principle to your products and services the results can be just a startling.
In this latest blog you’ll learn how a small company selling carpet tiles became a massive success, using the 80/20 principle to look at the way they sold their products.
Go here to read the blog and download the Business Bitesize ‘80/20 Business wins’.
Email to go with Blog 6
Headline: 80/20 – ignore it and your profits suffer
Subheading: Use the 80/20 principle to maximise the performance of your business
Have you considered dropping the parts of your business that are making you little or no money?
You will transform the profits of your business when you are brutal.
In this latest blog you’ll learn how to drop what doesn’t matter and focus on what does…
Go here to read the blog and download the Business Bitesize ‘80/20 Business wins’.
Email to go with Blog 7
Headline: Here’s how to achieve ‘80/20 wins’ from your use of time…
Subheading: Plan your time better…
How much of your week do you feel is spent on the inconsequential jobs in your business?
When you use your diary correctly to plan your time better you will be more productive and more profitable.
In this latest blog you’ll learn 5 proven steps that can help you take control of your diary, your time and achieve 80/20 wins for your business.
Go here to read the blog and download the Business Breakthrough ‘80/20 Business wins’.
Business Breakthrough Subscriber Resources