Thursday, June 12, 2008

Turn 20% into 80%

Thanks to Gary Bencivenga for reminding us about The Pareto Principle, which states that 20% of your customers give you 80% of your business. He tells us that it also applies to other aspects of your life. For example, you probably wear 20% of the clothes in your wardrobe 80% of the time. Most people find that they only spend 20% of their working week doing that which gives them 80% of their satisfaction. When I was a manager, I spent most of my time doing tedious admin. Now, as a freelance marketer, I spend nearly all my time on writing and PR, make a bit more money and- most importantly- am much happier.

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