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The BizChix Podcast

555: How to 80/20 Your Business for More Profit

Do you know exactly what to focus on every day to grow your business?

Not knowing which actions will actually move the needle in your business is one of the biggest challenges facing entrepreneurs today. 

After all, there are thousands of strategies and tactics you could try. But which one is the best for YOU?

Too often, I see business owners trying to do all of the things in their business. And that is a recipe not only for burnout, but also for a slow growing business.

In today’s episode, I want to re-introduce you to the Pareto Principle, also known as the 80/20 Rule, which states that 80 percent of your results come from 20 percent of your efforts. 

You have probably heard of this principle in relation to productivity and time management. But the 80/20 principle applies across almost anything that has a cause and effect, or inputs and outputs.

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Are you a consultant, marketer or financial professional? Check out our private podcast where I share what it takes to grow your service-based business to six figures in revenue — and ultimately take home six figures in profit. Each episode offers practical insights into how to build an Enduring Business, one that is enjoyable, profitable, and sustainable.
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