Updated over 3 years ago on .
Bookkeeper / Real Estate Investor: 80/20 Rule Reminder
80/20 Rule Reminder:
I try to always keep this rule in the back of my mind. It's a super useful tool to help trim fat in a business.
No matter what your business is or what you invest in, it's likely that 20% of your products/clients/properties/etc generate 80% of your revenue. This same rule can be applied to other numbers within your business as well.
So, consider putting more time, energy, and focus into that 20% that generates the majority of the results you are after. Simultaneously, consider cutting some of the 80% (fat) to yield better results and begin to optimize your business/investments.
I hope this helps!
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Real Estate Investor | USMC Veteran