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80/20 Rule – Too Much On Your Plate… September 20, 2007

Posted by Steve Worthy in Business Development, Entrepreneurship, Getting Married, Manhood, Marriage, Staying Married, Uncategorized.
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Juggling Act…

So how many things do you have on plate today. Some times our lives are a juggling act and we do not know how to prioritze our lives. So in this blog I wanted to introduce a short principle that I’ve used numerous times in my professional life and have begun implementing in my personal life.

    PARETO PRINCIPLE

The Pareto principle (also known as the 80-20 rule, the law of the vital few and the principle of factor sparsity) states that, for many events, 80% of the effects comes from 20% of the causes. Business management thinker Joseph M. Juran suggested the principle and named it after Italian economist Vilfredo Pareto, who observed that 80% of income in Italy went to 20% of the population. It is a common rule of thumb in business; e.g., “80% of your sales comes from 20% of your clients.”

The original observation was in connection with income and wealth. Pareto noticed that 80% of Italy’s wealth was owned by 20% of the population. He then carried out surveys on a variety of other countries and found to his surprise that a similar distribution applied.

It also applies to a variety of more mundane matters: we wear our 20% most favoured clothes about 80% of the time, we spend 80% of the time with 20% of our acquaintances etc.

So if you have a list of ten (10) things to do the top two (2) should be your true focus. In accomplishing these, based on the rule, you inherently fulfill a good portion of the remaining eight (8). So try it and let me know how it works.

Source: http://en.wikipedia.org/wiki/Pareto_principle

Radio Interview – Bill Stark, President of Five Star Wireless September 11, 2007

Posted by Steve Worthy in Business Development, Entrepreneurship, Hero Moments, Manhood, romance, Romance Leadership, Staying Married.
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Bill Starks…

Join Gerry Baron & Steve Worthy as we talk to Bill Starks about the three stages that men go through when balancing being a husband and father with being an entrepreneur:Strive, Survive and Thrive

Mr. Stark has over 25 years of sales and marketing experience mainly in the wireless telecommunications market. Five Star Wireless provides sales development services for companies in many industries including healthcare, on-line media and water purification. The company’s sales development services include sales coaching, training, sales audits, sales strategy development and temporary sales management. Five Star also provides wireless consulting services to telecom carriers.

Bill serves on the board of directors of Challenger Film’s, a youth-focused TV programming non-profit. He is the founder of Storyology a website effort to help people going through difficult life struggles using the stories of others. http://www.storyology.org Bill is a volunteer chaplain at North Fulton Regional Hospital in Alpharetta , GA. He and his wife are members of First Baptist Church of Alpharetta, GA. Bill and his wife of 19 years are the proud parents of three children William, Ellen and Mary Catherine. Bill can be reached at bstark@storyology.org or at 770-676-9095.

To Listen Click Here…

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