Business lesson 50

“What was the 20% of this book that has influenced me most?”

80/20 rule was that 20 percent of what you do accounts for 80 percent of the profit.  You need to focus on the 20% of your best customers to get 80% of your profit.  You get 16X more if you follow the 80/20 rule.

Get rid of the useless things in life, and focus on the people that you hangout with more than the people you don’t.  The people who work hard, and are smart should be planning out the battles.  The people who are lazy and stupid, can keep there jobs.  The people who work hard, but are stupid should get fired.  The people who are lazy and smart should be put at the top.

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