===========================================================

"How to Save 2 Hours Every Day using Pareto's 80-20 Law"

- by Neil Stelling B.Sc, MBA Marketing Manager,DigiLectual http://www.secretsoftimemanagement.com/parart

© DigiLectual Inc. 2003

===========================================================

Vilfredo Pareto worked as an economist in 19th Century Italy. We can still use his theories in today's 21st Century Internet economy !

His 80-20 law applies to many things, including Time Management. For example, his law says that 20% of your customers provide 80% of your revenue. It says 20% of your time spent on a project gets it 80% towards completion. 80% of people working in computer business only do about 20% of work, and other 80% is done by 20% star workers !

So how does this law apply to time management ? How can you use it to save 2 hours every day ?

Think about any jobs you must do. Think about any projects you're working on or about to start. We all want to do best possible job. But how about this ? How would you like to get three jobs done in same time as one ? How would you like to finish one job a lot quicker, and spend extra time with friends or family ?

Pareto's law can help you do exactly that !

First of all look at 'big picture' of your project. What are you trying to achieve and why ? What main benefits do you want ? Make a simple schedule of work. Get started and work as quickly as possible. It could be a report on a new market. It could be a new product specification. Maybe you've got to write a simple piece of software ?

(This article may be published in your eZine, newsletter or web site provided resource box details remain intact. For more articles like this contact self_manage@yahoo.com)

How much potential do you have? What are boundaries to what is possible for you? What are outer limits to your potential? Can these limits be expanded upon? How does your view of what's possible for you impact your Internet business?

There has never been a better time in history to achieve success beyond your wildest dreams. There has never been a better vehicle to achieve success than Internet. Right now you have at your finger tips opportunity to achieve greatness, to make new connections with people around globe, to access information and possibilities that did not exist only a few short generations ago.

Your view of what is possible for you though, will establish outer limits of how far you will go with your Internet business. If you have self-imposed limits, or a limiting self-concept then you will have handbrake on in all of your endeavours including your Internet or on-line business. So what do you believe is possible for you in your Internet business?

You see limits are self-imposed! You set your own limits.

The Internet offers abundance in every regard. There is an abundant number of people to connect with. There is an abundance of new people coming on-line all time. There is an abundance of information and resources. An abundance of business opportunities, products and businesses to partner with. There is an abundance of money being exchanged over Internet, services being provided and products sold everyday!

Napolean Hill said it best 'What mind of man can conceive and believe, mind of man can achieve!'

You see, if you have a limited view of possibility for your life then you will only get limited results. It's a little like going to ocean with a tablespoon when you should take a bucket. If you go to abundant Internet with a limited view, you will only see limited opportunity, limited resources, limited information. Your limited self-concept will manifest itself in limited results.

So how do you expand your view of what is possible with your Internet business? Ahh good question, im glad you asked. Let us take a look at a three step process you can get to work on immediately that will lead you to a more abundant view of your life and your Internet business.

Step 1: Dream a little ......

The first thing you should do is to dream a little on paper for awhile. Grab a clean sheet of paper, a pen and a willing can-do attitude and lets begin. At top of page write down 'MY IDEAL INTERNET BUSINESS' in big letters. Now this is fun part. I want you to pretend for a moment that there are no limits to what is possible for your Internet business. No limits to how much money you can make, people you can serve, types of products you can create and sell.

If you knew you could not fail in your Internet business, what would you attempt? If your success was gauranteed provided you did work what would you try? Write down exactly what your Internet business would look like. Don't hold anything back. Write down everything you can think of. How many subscribers to your eZine or newsletter? How many people in your downline in your MLM? How many unique visitors a day? What is your visitor to subscriber ratio? Why not aim high and go for a 50% conversion ratio?

The key to this exercise is to write down everything that comes to mind rather than question whether it is possible or realistic. At this stage don't worry about how you are going to achieve this ideal Internet Business ... simply get it down on paper. How you are going to achieve things you write down are out of your hands at this stage.