Identify a few tasks from your to-do list that will potentially give you the most productive results and spend your time and energy on those few, very productive tasks rather than wasting hours on something that won’t give you much of a reward.In this way, you won’t feel overwhelmed all the time, and at the end of the day, you will feel like you have done things that will actually make you most of the money.&nbsp;

How to apply the 80/20 rule in your business

Rich entrepreneurs know how to leverage other people's time, money, other people's resources, other people's talent, other people's skills, other people's intelligence.Leveraging is also the key to achieving x times more results and x times more quality x times more quickly.

Leverage is what makes people rich, not hustling

Nobody has become a billionaire by 100x or 1000x more hours or hustle. It's not about how many hours you put in or how hard you work, it's about how hard you think and how smart you strategize to accomplish your goals.&nbsp;Think 10x bigger and harder, you should strategize 10x smarter instead of trying to hustle 10x harder.&nbsp;

Time spent thinking is more valuable than time spent hustling

Successful and rich people focus only on a few, very productive tasks that will earn them most of the rewards. The 80/20 rule asserts that for many outcomes roughly 80% of results come from only 20% of the causes.&nbsp;The goal of the 80/20 rule is to identify the inputs (causes) that will potentially produce the most productive outputs (results).

Hustlers don’t understand the 80/20 rule

Many people mistakenly believe ‘hustling’ is the secret to wealth and success and so they choose to struggle.&nbsp;Hustling has become a trend among aspiring entrepreneurs and many of them brag about how hard they’re working. But that doesn’t mean working hard for the sake of working hard. You have to decipher what is working and what’s not. Hustling is only a part of the equation but it can’t guarantee you to be rich and successful. Even worse it can cause frustration, depression, burnout, and other physical and mental disorders.

The “No pain, no gain” mentality

As an entrepreneur, you make the major decisions and plan what to do. You make your own strategy to get things done. But it does not mean you have to do everything yourself.Your job is to …&nbsp;<ul><li>… figure out your vision.&nbsp;</li><li>… hire people who have the quality and talent to help you execute your vision.&nbsp;</li><li>Motivate the people you hired, make them feel that they are also a part of the company.</li><li>… allocate the resources that are required to help your team execute your vision.&nbsp;</li></ul>

Don’t try to do everything yourself

Hiring people to do what you suck at, or don’t know how to do isn’t your weakness because that’s what makes you an entrepreneur.&nbsp;Utilize your time and energy creating a business plan ( not a perfect one! ), coming up with a more effective marketing strategy, honing your communication skills, come up with the right solution for your customer’s burning problem, bringing in more sales, managing your team, etc.

Why hustle to teach yourself when you can always hire someone

One of the damaging mentalities most entrepreneurs have is probably the “No pain, no gain” mentality. So many people mistakenly believe ‘hustling’ is the secret to wealth and success and so they…

Hustlers don’t understand the 80/20 rule

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