How Double Your Bottom-line with the 80/20 Principle

The 80/20 principle states that 80% of the value comes from 20% of the effort.

Here are some examples…

80% of the vehicles in your town drive on 20% of the roads

You wear 20% of the clothes in your closet 80% of the time

You spend 80% of your time in 20% of your home.

In your business, 80% of your profits come from 20% of your customers.

Now make a list of your past 100 customers, find the 20% that brought in 80% of the profit, and ask yourself what they all had in common.

I’m assuming you job cost.

If not, get started ASAP!

Those are your target market.

Focus on your target market and refer everyone else away, and you’ll easily double your bottom line.

Dream BIG
Hustle Smarter
You’ve Got This!

Steve Burnett 🙂

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About the Author

As a newly single father of two from MI, he struggled to start over as a paint contractor in FL, going door to door. His situation was so bad, even the IRS had mercy on him.   Feeling completely hopeless, he remembered the story of King Solomon praying for wisdom. Could it be so easy?   He felt he had absolutely nothing to lose. So, as a bankrupt, divorced, high school dropout, single father of 2 young kids, now living 1250 miles away from all friends and family, started to pray for wisdom.  And while he continues to wait for the wisdom to arrive, what did come was an insatiable desire to learn and read books…  Thanks to God for giving him the burning passion to read books, and attend seminars, (oh and winning the wife lottery) he not only cracks the success code and overcomes the struggle, but also streamlines his painting business in less than 3 years, published a how to book, then sold the company. Now he leads a business coaching company for painting contractors so he can help other businesses, like yours, to do the same. Hear more... http://www.DYBCoach.com/01 Or JoinDYB.com