Quite why I woke at 6:00am this morning and thought about the Pareto principle remains a mystery… however, stick with me here!
The Pareto principle is also commonly known as the 80/20 rule and states that for many events, 80% of the effects come from 20% of the causes. For example, 80% of your sales come from 20% of your customers or 80% of income goes to 20% of the population etc.
Well…
80% of the population are caught up in, and focus on the so-called 'Credit Crunch' whilst the other 20% remain untouched by it.
Similarly, 80% of businesses are finding it "tough out there" because of the Credit Crunch whilst the top 20% of businesses continue making money and are finding new clients.
Where are you today… in the 80 or the 20?
If you are, or indeed know a business that's in the 20%, that stands out from the crowd and is one of the best in Wolverhampton, then I would like to hear about them. To thank you for your time I will also give you a chance to win £5000 in the process. Recommend them to us today and you will be entered into our price draw.
