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Mortgage Marketing Tips: #13
How To Use The 80/20 Principle To Skyrocket Your Sales And Profits` PART 1 Guest
Article By Reed Hoisington
I`m going to share a philosophy with you that might just change your life.
It certainly changed mine! It`s called the 80/20 Principle, and I
GUARANTEE that by the time you`re finished reading this newsletter, you`ll
understand exactly...
How To Achieve Twice As Much With Half The Effort!
The 80/20 Principle was first discovered approximately 100 years ago by an
Italian economist named Vilfredo Pareto while he was studying income and
wealth patterns.
He discovered that there was a pattern of `predictable imbalance,` and
that by identifying and focusing on the top 20% of our efforts, we can
leverage our results in virtually any area of our lives, and vastly
improve our effectiveness.
Not long ago, a major insurance company did a study on its sales force to
see where the majority of its sales and profits were coming from. Low and
behold... 20% Of The Sales Force Produced 80% Of the Profits!
They went one step further, and analyzed the top 20% of the sales force to
identify if there was a `predictable imbalance` amongst this highly
productive group of people.
Guess what they found? That`s right...
The Top 20% Of The Top 20% Of The Sales Force Produced 80% Of The Profits!
I have personally used the `Pareto Principle` in many areas of my business
and personal life, and found it to be an extremely effective tool for
determining where and how I should be spending my time and efforts.
I`ve boiled it down to the top 7 ways to use the 80/20 Principle in your
business and personal life.
I will share these with you in the next few issues.
For information about Reed Hoisington's marketing methods see:
Reed's High Profit
Mortgage Marketing System
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