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To: PapaBear3625

The Pareto principle (also known as the 80/20 rule in action):

The smart side, 20% of your customers create 80% of your business.

On the flip side, 80% of your problems are caused by 20% of your customers.


14 posted on 11/09/2019 12:30:12 PM PST by Grampa Dave (If we have a civil war, the winners will be our enemies: Iran, China, Mexico, & Deep State)
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To: Grampa Dave
The Pareto principle (also known as the 80/20 rule in action): The smart side, 20% of your customers create 80% of your business. On the flip side, 80% of your problems are caused by 20% of your customers.

The way you make your business prosper is by making sure you retain the good 20%, and figure out a way to "fire" the troublesome 20% without creating an "issue" in the process.

24 posted on 11/09/2019 2:13:03 PM PST by PapaBear3625 ("Those who can make you believe absurdities, can make you commit atrocities." -- Voltaire)
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