All time is NOT valued equally.
You want to know how I know?
Check this out … because it may just blow your mind.
You’ve probably already heard of the 80/20 rule (aka the Pareto Principle), right?
Basically, this refers to the fact that 80% of your efforts/time produces only 20% of your results…
And just 20% of your effort/time produces 80% of your results.
I know that sounds good, but when you drill into this concept a little deeper it gets magical and downright WILD.
And I can tell you from experience (with myself and my coaching clients) that it’s not wild at all – it’s real.
What if you took the top 20% of actions that produce 80% of your results …
and focused on the top 20% of THOSE actions?! (The top 20% of your top 20%)
According to the principle, this would mean that 4% of your overall efforts would generate 64% of your results.
And taking it one layer DEEPER …. Or 20% of the 20% of the 20% … which would generate 50% of your results.
OK, that’s mic drop time.
That boils down to 1% of your efforts creating 50% of your results.
To put this into perspective – think about the total revenue you created in your business in the last 12 months.
Now divide that in half.
Basically, 1% of everything you spend your time on (as a business) created those results.
That’s HUGE, right?
Can you imagine what would happen in your business if you spent more time focused on that 1% (or even on your top 4%)?!
This is why I said earlier that all time is NOT valued equally – because it’s not.
Most business owners are stuck in the 80% that’s responsible for a measly 20% of their results.
When you’re busy answering emails and returning calls, tracking client info, uploading social media content, etc. etc. etc. or maybe even cleaning your studio …
You don’t have time to network or build important, key relationships,
… or revamp your onboarding system to improve retention,
… or fine-tune your sales flow to improve conversions,
… or work on building your team so you can delegate some of your 80%.
Drilling down to your top 20%, 4%, and 1% will have EXPONENTIAL payoffs – but it requires you to shift the way you think about how you spend your time.
The key to that shift?
- Identifying exactly what is in YOUR 1%, 4%, and 20%.
- Creating a plan to spend MORE of your time in your top 1-20% (and eliminating, delegating, or automating as much of the 80% as you can).
- Protecting your time.
- And holding yourself accountable to following your plan.
Today, as you go about your day, ask yourself if what you’re spending your time on falls into the 1%, 4%, 20%, or 80% category.
If you’re not making as much progress as fast as you’d like … this will help you immediately identify why!
Lots more to come, so stay tuned.
Make it a productive day,
P.S. If you need help identifying exactly what’s in YOUR 1%, 4%, or 20%, check out my coaching program – because it’s ALL about building scalable systems to support your business goals AND lifestyle.
Click HERE to learn more and schedule a call to see if it’s a good fit <<