– by Pete Zdanis
In 1906, Italian economist Vilfredo Pareto created a mathematical
formula to describe the unequal distribution of wealth in his country,
observing that twenty percent of the people owned eighty percent of the wealth.
In the late 1940s, Dr. Joseph M. Juran inaccurately attributed the 80/20 Rule
to Pareto, calling it Pareto's Principle. While it may be misnamed, Pareto's
Principle or Pareto's Law as it is sometimes called, can be a very effective
tool to help you build your USANA business effectively.
What It
Means:
The 80/20 Rule means that, in anything, a few (20 percent) are
vital, and many, (80 percent) are trivial. Leaders know that 20 percent of the
work (the first 10 percent and the last 10 percent) consume 80 percent of your
time and resources. You can apply the 80/20 Rule to almost anything, from the
science of management to the physical world.
How It
Can Help You:
The value of the Pareto Principle is that it reminds you to focus
on the 20 percent that matters. Of the things you do during your day, only 20
percent really matter. Those 20 percent produce 80 percent of your results.
Identify and focus on those things. When the fire drills of the day begin to
sap your time, remind yourself of the 20 percent you need to focus on. If
something in the schedule has to slip, if something isn't going to get done,
make sure it's not part of that 20 percent.
Like the rest of life, the "80/20" rule applies to team
members in our businesses: "20% of the people produce 80% of the
results."
As we have said so many times over, our job is to find "Motivated Entrepreneurs". It is my
opinion that motivation comes from within, and we cannot, nor should we,
"drag people across the finish line" if they are not willing to help
themselves. Remember, if we have to drag people into the business, then
we will likely have to drag them through the business.
We, too, have found that 80% of the people in our business have
done little, if anything, to build their business, or help themselves. However,
the other 20% have helped us build an outstanding USANA business while, in
turn, attaining all of their
goals with USANA.
We have found that team members usually fall into one of several
categories:
The
Procrastinators (16%) - They'll begin building their business "when they get
around to it." They never find the time because they never make the time.
The
Know-It-Alls (16%) - These people don't take the time to "read the
instructions" (The BDS, eApprentice, etc.). It's beneath them to take the
time to learn from those who have built successful USANA businesses, even
though the path to success is laid out for them right under their nose. They
couldn't tell you the difference between BC, SVP, CVP and GSV.
The
Paralysis By Analysis Victims (16%) - These people are
constantly in "getting ready to get ready" mode. They are always
searching for that perfect "system" that will magically build their
business for them. They'll never find it because it doesn't exist. Success in
this business is disguised as “work”.
The
Tryers (16%) - They say that they will "try" the business to
see how they do. Their mentality gives them permission to quit at the first
sign of difficulty. You don't "try" a parachute jump. You either do
it, or you don't. The same is true of your business. You either do it, or you
don't.
The
Whiners (16%) - Constantly complaining about minor details which have no
impact on their ability to succeed in USANA. They proclaim: "If only this
were different or that were different, I know I could succeed in USANA."
While these people are whining, there are thousands of people advancing in rank
in USANA every month.
Finally, there are:
Motivated
Entrepreneurs (20%) - These people "get it". They are coachable and
make the effort to learn about USANA. They then know that USANA's products and
compensation plan are unequalled. They set their goals, they develop a plan to
reach their goals, and they go on about their business to work their plan. They
advance in their USANA business while helping other people do the same. They
make things happen while the other 80% are wondering what happened.
My advice: Don't try to motivate the
unmotivated.
Instead, use your time wisely to find, sponsor and train "Motivated Entrepreneurs".
Show them how to succeed, and then get out of their way!
Manage
This Issue:
Pareto’s Principle, the “80/20 Rule”, should serve as a daily
reminder to focus 80 percent of your time and energy on the 20 percent of your
work, and your team, that is really important.
Don’t just “Work Smart”.
Rather, work smart on the right things, and with the right people.
Pete Zdanis
© 2014 - Zdanis USANA Power Team ®
- www.petezdanis.com - All Rights Reserved
This article may only be copied, shared, distributed or otherwise
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