Heyo! Welcome to the $100 MBA show, no fluff just the good stuff with our practical business lessons.

I'm your host, your coach, your teacher Omar Zenholm.

I'm also the co-founder of Webinar Ninja, an Inimpeded Software Company.

I started back in 2014.

In today's episode is a must read episode.

On our must read episodes I share with you a book that has influenced me, has impacted me,

I share with you its takeaways, its insights, and why you should read it too.

Today's must read is The 8020 Rule by Richard Koch.

You might have heard of the 8020 Rule, also known as the Pareto principle. The 80-20 rule illustrates how focusing on a few vital inputs

can generate the majority of your results. It can have a profound impact on your efficiency,

your effectiveness, an overall success in business and in life.

Essentially, the idea of the 80-twin rule is that 20% of your inputs, your efforts actually give you 80 percent of your results

meaning that most of the other things you do probably don't make much of an impact

and only 20 percent of your efforts is actually making most of the impact.

In today's episode, I'm going to share you how Richard Koch goes and dissects this topic.

In this book, the 80-20 rule, why is this phenomenon so true and so fascinating, but also how to practically use

this in your business and in your life so you're really using your resources properly.

You're focusing on your strengths. You're making strategic

decisions and not just things off the cuff or from a gut feeling and a whole lot more.

Can't wait to get into it. Let's get into it, let's get down to business.

The 80-20 rule is something that I've heard about over and over and over in the last 20 years

of my journey as an entrepreneur.

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