Thursday, August 30, 2018


THE PARETO PRINCIPLE: 
THE SECRET OF SUCCESSFUL FREELANCERS?





To be brief, the Pareto principle basically states that about 80% of the effects from from about 20% of the causes. What this means in terms of money is that making money isn’t about grinding. It isn’t about hustling. It isn’t about working a 12-hour day each day. It isn’t about monitoring your email like a hawk so one never slips through the cracks. It isn’t about making sure your LinkedIn profile stays perfectly up-to-date. Rather, the Pareto principle teaches us to focus on what actually matters.
Think about it like this.
You wake up at 4 AM and work diligently all day long. You’re on top of emails, you network, you get every single task checked off of your list. It’s now 6 PM. You feel accomplished.
Meanwhile, your competitor woke up at 7 AM and stopped working at 10 AM to collect his Ferrari 458 from the dealership. Why does he have a Ferrari and you’re still driving your mom’s Saturn? It’s because he harnesses the power of the Pareto principle.




2019 Idaho Investment Guide

Economic Development Guide From its striking natural beauty to its sparkling business environment, the Gem State’s unique facets lead to ...