Empower Your Business

Accounting is Just the Beginning

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How to get leverage in your life

Guest blog from Winston Marsh

There was an Italian fellow, Senor Vilfredo Pareto, an economist who was around at the end of the nineteenth century and one day he noticed that 20% of the pea pods in his vegetable garden yielded 80% of the peas; then he discovered that around 20% of his countrymen had 80% of the wealth. Investigating further he formulated the well known Pareto Principle or the “eighty-twenty rule” as you may better know it…

80% of your results come from 20% of your effort

Now this is what is known as a natural law because it applies universally… for example, 20% of car drivers will have 80% of the smashes, 20% of people have 80% of the illnesses and so on.

But think about this!

If 80% of your current results are coming from 20% of the effort you are putting in, what would happen if you put 100% of your efforts into those things that produce your results?

If you remember your basic algebra, if you multiply one side of an equation by 5, you multiply the other side by 5 too. So when you increase your effort 5 times you increase your results 5 times. Just doing the math shows that you can…

Increase your results by an incredible 400%!

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