How to Apply the 80/20 Rule to Grow Your Online Business
- 3 hours on-demand video
- 2 downloadable resources
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- Certificate of Completion
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Try Udemy for Business- In-depth knowledge of the “80/20” rule and how it can amplify business growth.
- Ways of APPLYING the 80/20 rule in the real world so it becomes a reality and not just a concept.
- The secrets of how to “magnify” your financial results by re-directing investment to only top-performing assets.
- The ability to analyze your business and instantly identify which parts are performing and which are stagnating.
- The know-how to quadruple your revenue from advertising easily and painlessly.
- The ability to streamline decision-making so you can get better results with your online marketing, while actually making fewer business management decisions.
- Growth hacking tactics and lean startup principles that work for solo entrepreneurs too.
- You should be an entrepreneur or aspiring entrepreneur… Basic familiarity with business concepts is expected.
How did a small one-man business go from earning $3278 a month online to well over $45,000 a month?
… And, most importantly, how can you achieve the same results in your business?
These are the questions you’ll find the answers to in The 80/20 Entrepreneur.
If you’re an entrepreneur, there is one surefire way to boost your income:
Become more productive.
If you’ve noticed revenue stagnating in your online business, you might be tempted to try to boost it by…
- Working more hours.
- Learning new skills (re-training).
- Accepting more projects.
The problem with these strategies is that they all involve trading time for money in one form or another. You might get an initial boost in income by working longer, but you can bet those results will taper off after a while. “Burning the midnight oil” can also have nasty health consequences for an entrepreneur, such as sleep deprivation and stress.
The real key to increasing your income is to become more productive. By boosting productivity you get the best of both worlds: you make more money while working less hours.
That’s what you are going to discover inside The 80/20 Entrepreneur. A 3-hour course consisting of 31 short lectures jam-packed with growth hacking principles from lean startups, delegation tips for Upwork & Fiverr, cutting edge online marketing strategies that really gain leverage, and productivity hacks that go way beyond traditional time management, The 80/20 Rule for Business will revolutionize the way you work.
If you’ve ever thought that the only way to make money is to trade it for time…
If you’ve ever felt that your income has capped and will never grow again…
If you’ve ever made the mistake of sinking too much time into projects that generate little revenue…
… The 80/20 Rule can change your life. By bringing the timeless principles of economics to your workflow, you can dramatically improve your productivity, your sales, and ultimately, your net income.
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This is also a personal promise to you that you'll be blown away by what you'll learn in the next 3 hours. If you don't get a massive return on your investment in this course, I don't want your money and you can return the course, no questions asked.
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- Anyone who is concerned about stagnant revenue growth at their business.
- Any digital entrepreneur who wants to dramatically grow profit in their online business.
- Anybody who has an interest in success psychology in general.
- Anybody who has an interest in time management, productivity hacks, and success psychology in general.
- Anyone who doesn't want to blindly follow the growth strategies of the internet marketing gurus or "make money online" experts
An introduction to the course content and an example of the business and productivity breakthroughs that can occur for the digital entrepreneur.
What is the 80/20 Principle and what does it mean for entrepreneurs and online business owners? This lecture defines the 80/20 Rule and reviews it's history in economics, as well as 21st century examples and applications to the business world from the likes of Apple, Google, Facebook and Microsoft.
Is it really possible to quickly go from $3,000/month to making over $40,000 in real money every month from home? An Amazon Kindle publishing example of the 80/20 Principle is demonstrated, showing the massive gains that can occur in online marketing and sales from this and similar growth hacking campaigns.
Answers to the short pop quiz are covered, demonstrating the leverage that can be discovered in the smallest, most surprising places.
Here we dive into how we can actually apply 80/20 insight to our business, whether we are seeking to create more value and make more money from home, online, or at the office. We learn how to identify areas of our business to scale up, and those to cut. We learn how to conduct 80/20 business analysis to acquire actionable business intelligence. Plus, we begin the discussion on outsourcing and delegation.
An example of 80/20 business analysis from Amazon kindle publishing, and the multipliers that can be discovered by thinking like a trained business analyst. Applications to business development, product development, and hiring or outsourcing are all covered.
Business development that works by focusing on the vital few products or customers that actually produce huge results. We discuss how we can achieve the goal of maximizing how much value we create (and consequently how much money we can make in online business), while minimizing the investment of time that is required by us as digital entrepreneurs.
How to match the business model to the market. How the 80/20 imbalance operates in: a) customer segments, b) salespeople, c) employees or team members we delegate tasks to, d) tasks we automate, e) online advertising and marketing campaigns,
This lecture covers how to find your "unfair advantage" -- whether in internet marketing concepts, facebook advertising, copywriting, niche expertise -- that will give your online business a massive (and sustainable) competitive advantage.
What do Bill Gates, Warren Buffett, Steve Jobs and even Einstein all repeatedly cite as the key ingredient to their success? Plus identifying what your market needs or the value the world needs you to create, and how to be strategic about your point of entry.
A friend of mine is a serious daily fantasy sports (DFS) player on sites like Draftkings and FanDuel -- maybe you have been following the news about them recently -- and found this document on legalsportsreport.com. We were both struck by how closely the numbers follow some of the principles we've discussed. It shows that the top 20% of DFS players have earned 86% of the Net Winnings in 2015 (~ 80/20) and the top 1% of players have earned 40% (~ 50/1). Meanwhile, the bottom 20% of players (part of the "trivial many") have earned just 0.4% of the Net Winnings. With the top players, we can see that there is a concentration effect that tends to occur (as with almost all sociological or economic phenomena) wherein players who have a little more skill or early success likely devote more and more time and study into winning in DFS --> they win more --> their bankrolls and capital grow --> they can play more games for higher stakes --> they win more....and the cycle repeats.