Episode 173 - Three Minute Thursday ( The 80 / 20 rule )

Make Sh*t Happen

Welcome to Make Sh*t Happen. This is Three Minute Thursday, episode number 173. Hey, guys, today I want to talk about the 80/20 rule and why there's something called the 1 percent right. Isn't it weird that you know, if you have a hundred people working for you of 20% of those hundred people will always outperform the other 80 if there's? Now, if you have a store of like, let's say I have a furniture store or let's say you have a clothing store, 20% of the clothing is always going to outperform the other 80. And you can Google the 80 20 rule. But it's crazy. You know, someone said that if you give $20,000 to 100 people out of those hundred people, 80 of them will either go more into debt or will blow that 20,000 faster than you can count. Right. But the other 20% of the people will either invest that money and they'll grow it. And there's about, you know, there will be about 4% or 5% people. That means out of the 20, there'll be another 2% or 3% of the people who will grow that money exponentially and, you know, double, triple or maybe a million dollar, you know, from that 20,000. So there's a little and those are called those people who will grow that money like crazy. They called the one percenter. And that's why, you know, there's only 1% of the total population has all the wealth or has a lot of money. It's not that that they were handed to them is just because they just somehow perform better. And it's a rule. I honestly urge all of you to look into this 80 20 rule. --- Send in a voice message: https://podcasters.spotify.com/pod/show/sammyz/message