Learn more about moneyandinvestments with this collection
How to beat procrastination
How to enhance your creative thinking
How to create a smooth transition in a new endeavor
7. The 80/20 Rule
80% of your profits or yield will be produced by 20% of your customers or products.
This fact is also true for most of the other topics.
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MORE IDEAS ON THIS
6. Ignore the Common Wisdom
To be successful, to truly create a 1 from 0, you’ll need to think for yourself and come up with a new product or solution that people don’t already know that they need.
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1. Invest Early
Maximizing retirement savings should be a key interest to any successful entrepreneur.
It will lead to greater dividends as you age and will generate wealth much more quickly than you might think.
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10. Important Truth
“What important truth do very people agree with you on?”
Your answer to it may reveal a potential pathway for your efforts or future business.
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4. There’s No Formula
There’s no winning formula to success.
Instead, consistent success is normally found in people who constantly push themselves.
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2. Be an Optimist
While the path to success will undoubtedly be littered with failure and setbacks, you must always keep an optimistic mindset and focus on the future.
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8. Learn How to Sell
If you aren’t already good at selling, become better. If you are good, become better anyway.
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3. Automation is Not the Solution
You should focus on building a business or product that leans on the complementary abilities of both humans and computers and
Focus on things that can leverage the power of man and machine.
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5. Focus on One Thing
The truly successful ones will put all of their effort behind one unique idea or business plan and throw all of their weight behind that effort.
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9. People Are Power
People that make up a company drive a huge amount of its potential success or failure.
If your company utilizes other talents, you need to make sure that you bring out the best from every person who works for your company.
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CURATED FROM
IDEAS CURATED BY
10 Great Quotes from the Book "Zero to One".
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Related collections
Other curated ideas on this topic:
The 80/20 Rule
Another way to prioritize tasks is by using the 80/20 rule. This rule states that 20% of your work will account for 80% of your results.
...
80/20 Rule All Around
The Pareto Principle could also be observed in almost every industry:
- In software, 80% of the errors and crashes in a system would be eliminated by fixing the top 20% of the most reported bugs.
- In sports, 20% of athletes participate in 80% of the big games
Living the 80/20 Life
The 80/20 rule, also known as the Pareto principle, states that we need to focus on the few things that get us the most benefit.
For a lot of events, approximately 80% of the effects come from 20% of the causes. So pick the 20% of your tasks that yield 80% of the results and outsource...
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