Why few businesses succeed?



Do you know the Pareto Principle? or the 80/20 rule?


I wonder if you've already noticed that there is small portion of the society who has the larger sums of resources/money/cash.

Simply stated the Pareto Principle says that 20% of anything enjoy 80% of the results. While 80% of anything only gets 20% of the results.


  • 80% of a company's profits come from 20% of its customers
  • 80% of a company's complaints come from 20% of its customers
  • 80% of a company's profits come from 20% of the time its staff spend
  • 80% of a company's sales come from 20% of its products
  • 80% of a company's sales are made by 20% of its sales staff

People can, notice that stastics say that small business have an average lifespan of 5 years.

“20% of management theories are responsible for

 80% of results.” 

― Ryan Lilly





So that makes one curious what does the small percentage of businesses that don't contribute to that statistics do?



“Doing less is not being lazy. Don't give in to a culture that 

values personal sacrifice over personal productivity.” 

― Tim Ferriss


Tweet: “Doing less is not being lazy. Don't give in to a culture that values personal sacrifice over personal productivity.” 
― Tim Ferriss




You can conclude with your one thinking that these businesses did something different compared to what most businesses do, can you not?

Can you imagine yourself being one of those revolutionary, non-conforming, 20 % of business owners that survive and thrive after the 5 year lifespan forecast,can you not?





“Do the hard jobs first. The easy jobs will take care of 

themselves.” 

― Dale Carnegie



Your conscious mind might be telling you that, "I'm not really sure", but your uncious know with great certainty that "I know I got the shoots, I know I can be one of that selected few. I know and I am willing to learn and thrive from my successes even more so from my failure."

You can read more about the Pareto Principle here - http://en.wikipedia.org/wiki/Pareto_principle

Can you feel that?

Disqus for Gerome Soriano