Revisiting the Pareto Principle for 2024
July 15, 2024

Revisiting the Pareto Principle for 2024

No doubt you have heard of the?Pareto principle?(also known as the?80/20 rule) which states that for many outcomes, roughly 80% of consequences come from 20% of causes (the "vital few").

So if you want to increase sales, improve productivity, or stimulate business growth, how does that apply today?

For us Female Founders, the Principle means that:

  • 80% of your sales come from 20% of your clients (for your service) or your products (for physical or digital offerings)
  • 80% of your results come from 20% of your time invested
  • 80% of your efficiency comes from 20% of your software and systems

And so forth...

The magic comes when you track and analyze which of your clients, time commitments and systems ARE that 20 percent.

Taking a couple of hours to roll up your sleeves and analyze your sales reports, calendar, and the expenses on your P&L can yield?thousands?of dollars in savings AND new sales - with less effort.

Try it! And then post in the?Growth for Female Founders Network Facebook group?what you discover!

Have a great and productive week!

To your success,

Marcia

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Be Visible, Get Clients Challenge Continues Today

Today we continue with a free Challenge that's been a little on the down low...but is SUPER high value if you want to get clients fast. (And who doesn't, right?)

Each day we provide a short training about one simple marketing idea, plus a worksheet you can use to implement it.

Implement - get results - get clients!

So far we've covered lead magnets and simple offers - and you get immediate access to those three replays when you register.

Today we're going to help you know?Where to Find All the Leads You Want.

Join me at 11 am PT/2 pm ET today for the next installment - register?at https://digitalmarketingforexperts.com/visibility-challenge-register

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Quote of the Week

"The standard of success in life isn't the things. It isn't the money or the stuff - it is absolutely the amount of joy you feel." -- Abraham Hicks

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About the Author/Publisher

Marcia Bench is an Online Business Growth Strategist for female founders and female-owned firms in the professional services industry.

She founded the first career coach certification company in the world in 2001 and sold it in 2020. A 29-time author, Marcia was the third author published by Hay House. Her books include?The High-Ticket Group Coaching Method?and?Conscious Client Attraction.

She is a former attorney and corporate executive with more than 3 decades of expertise in business, marketing and entrepreneurship.

Her web sites are?https://digitalmarketingforexperts.com,?

https://marciabench.com?and?https://highflightpress.com.


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