IndianaVeterans.Biz

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    • Home
    • Mission
    • Certification
    • Education
    • Health & Wellness
    • Finance
    • Micro
      • Micro Business
      • Micro Knowledge
    • CONTACT US
      • Speaking Engagement
      • Partner Sponsor

IndianaVeterans.Biz

IndianaVeterans.BizIndianaVeterans.BizIndianaVeterans.Biz
  • Home
  • Mission
  • Certification
  • Education
  • Health & Wellness
  • Finance
  • Micro
    • Micro Business
    • Micro Knowledge
  • CONTACT US
    • Speaking Engagement
    • Partner Sponsor

MICRO KNOWLEDGE

80/20

The Pareto 80/20 rule helps with time management efficiency. The belief is that 80% of output comes from 20% of the input.

When attempting to implement the 80/20 rule. You first have a solid understanding of the actual problem you are trying to solve. The you must have a solid understanding of what your inputs and outputs look like. 

As business owner you must have a very good understanding of the 20% of things you do each day that bring value to your company's mission statement and bottom line. 

Key Take Aways

  1. 80/20 assist in Time Management efficiency. 
  2. You must first define the problem.
  3. Understand the 20% of day-to-day activities that are bringing value to the business operations. 


 


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