Monday, August 31, 2009

How to Apply the 80/20 Principle in the Lives of Smart Women?

1. Time Management
Every Monday (and then every morning), list down what you have to do. Now which of those tasks matter most to your job objectives? If you don't know, then it's time to sit down with your boss. Identify which projects matter to him / her and to the company. Factor in your boss idiosyncrasies too. You may have noticed the he/she gets obsessive about particular details - as long as those are in order, you are fine.
2. Business
If you sell products or services, most like 80% of your sales come from 20% of your customers. Nurture the 20%. Pamper those clients or improve the benefits of your fast moving products. That runs counter to most entrepreneurs' instinct to go after new accounts or promote the less popular items.
3. Job Hunting
Job seekers spend 80% of their time looking for job postings online and newspaper ads, but how many times have you been hired through a "cold" application? The best rackets and positions you've ever had were when you were recommended by someone within the company or industry. So do not go online - GO NETWORK. Build your relationships with people in the field in several months before you plan to resign.
help from WM team



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