The Pareto Principle the 80-20 rule a secret of the successful.
For the successful, it is not secret how to take advantage of the Pareto Principal for success in business or daily life.
The Pareto principal used by the successful is a Universal law that affects productivity of both man and nature.
Distribution of population and wealth cause notice.
The original observation was in connection with population and wealth. Pareto noticed that 80% of Italy’s land was owned by 20% of the population He then carried out surveys on a variety of other countries and found to his surprise that a similar distribution applied.
A chart that gave the inequality a very visible and comprehensible form, the so-called ‘champagne glass’ effect, was contained in the 1992 United Nations Development Program Report, which showed the distribution of global income to be very uneven, with the richest 20% of the world’s population controlling 82.7% of the world’s income.
Because Pareto discovered it it is called the Pareto Principal.
The Pareto Principal is also known as the 80-20 rule.
The Pareto principle (also known as the 80–20 rule, the law of the vital few, and the principle of factor sparsity) states that, for many events, roughly 80% of the effects come from 20% of the causes. Management consultant Joseph M. Juran suggested the principle and named it after Italian economist Vilfredo Pareto, who, while at the University of Lausanne in 1896, published his first paper “Cours d’économie politique.” Essentially, Pareto showed that approximately 80% of the land in Italy was owned by 20% of the population; Pareto developed the principle by observing that 20% of the peapods in his garden contained 80% of the peas.
It is a common rule of thumb in business; e.g., “80% of your sales come from 20% of your clients.” Mathematically, the 80–20 rule is roughly followed by a power law distribution (also known as a Pareto distribution) for a particular set of parameters, and many natural phenomena have been shown empirically to exhibit such a distribution.
This means that 20% of your distributors will sponsor and produce 80% of you volume or sales.
The Pareto principle is only tangentially related to Pareto efficiency. Pareto developed both concepts in the context of the distribution of incomeand wealth among the population.
Use this law to be successful in your Networking business.
If you are in Network Marketing or affiliate marketing and want to be a successful leader, using this knowledge can be the key to your success. At a leadership conference I attended, one of the sessions featured a handful of top earners in the company. The question was asked, “What one strategy has been most instrumental in your success.” The unanimous answer was, “do not spend too much time with the wrong people.”
This means to work with your workers and producers.
This applies to prospects that waste your time before prior to joining you…or not joining. It applies to the ones that do join you and getting them trained and started toward their success. Invest your time and activity only with people that deserve it. ..not those that need it. Not those that are, “about ready to get started.” “I have to get my ducks in a row,” I need to know more about…”whatever they can think of to stay in their comfort zone and avoid fear of failure.
If you have a group of five people, there will be one that is teachable and takes action. If you work with ten people, two will out produce the eight. This is the Pareto principal. The 20% will bring in 80% of your downline. They will account for 80% of your volume.
Their people will do the same.This is why you need to teach the Pareto Principal to your downline.
Old methods of prospecting.
I used several methods to build some large groups in several companies which made me a top earner.
The friends and family method but that soon wore out.
The three foot rule, (I talked to anyone that can fog a mirror. Prospecting strangers at Wal-mart.)
Placing print ads in flyers, magazines and newspapers.
Direct mail was very productive for years. Then it tailed off as costs of paper, printing and postage went up. Along with rising costs, the mailing lists shrunk and quality declined.
Cold calling on the telephone.
I found a better way.
Online marketing became the new and better way. Countless hours were spent watching YouTube, company training videos, print articles off line and online until I discovered the secrets most people never find. Then it got easy. I found a company that provides provides tools to convert prospects to partners.
They have a knowledgeable customer service support staff to help you every step of the way.
I also found a company to help me with and host this web site.Having a web site is not mandatory but will help you brand yourself and be visible to more people.
They send a newsletter by email to give you tips and insight into how to build and maintain your web site and have a Worldwide presence. This is a form or branding. Click here for information.
You discovered our easy to do prospecting system.
We blog. You found this blog as others will. Blogging is a non threatening method that lets people find you on the 
Internet just like you found me. It is easy to learn and easy to do. You can do it in a small part of your day from home, from the coffee shop, the park, the beach, a vacation or wherever you can get your computer online. While you are still working you can blog on your lunch hour.
Why blog? You found this blog as others have and will. Blogging is a non threatening method that lets people find you on the Internet just like you found me.
You don’t have to be a writer to blog. Write like you speak to a family member or friend. How would you tell someone how to bake a pie or cake, raise flowers or vegetables, or fix a car or faucet, clean a gun , hunt or fish, paint a fence or replace an air filter on a car? If you have views on sports, raising kids, dating, getting a divorce, you can blog. Get it off your chest and out into cyberspace. Someone wants to hear what you have to say. Someone will buy your story, your product or service or program. You just need to blog about it.
Insert your networking company into your blog so as they read they will see your business.
Our marketing system assures success.
The objective of the blog is to get the attention of someone that wants more money and more free time than they have. Someone that is not happy with their job or their boss. Someone that does not want to battle traffic to get to a job they detest. Someone that wants to stay home with their kids or take them to school and be home when they return. Is there anything in this list you want?
How would you like a new wardrobe, a new car, a new room or addition to your home even a new zip code? Maybe you want to take a vacation, give money to charity, or church or take care of family. Whatever you want that money will buy, it is available. Wealthy Affiliates has a generous compensation plan that we will reveal if you want to know more.
Believe me, a year will come and go so fast, and if you haven’t done anything new to change your current situation then you’ll be exactly where you are today. Is that OK with you?
And the very effort that you are reading this page is indicative of me doing the “stuff” that does work, otherwise why would you be here? And you can do this too.
Listen … you don’t have to travel the same road as me and spend thousands of dollars and 10 years in the trenches, YOU can become successful a lot sooner, especially if you hook up with the right people. We are the right people and we have chosen the right companies to increase your odds for success..
My Goal is to Help You Reach Yours.
