Internet Gurus in the Buff » 80/20 principle http://internetguruguide.com Focusing on the Best Minds on the Internet Thu, 25 Aug 2011 13:27:21 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 Most of the Wealth is in the Hands of a Few http://internetguruguide.com/most-of-the-wealth-is-in-the-hands-of-a-few/ http://internetguruguide.com/most-of-the-wealth-is-in-the-hands-of-a-few/#comments Wed, 02 Sep 2009 08:12:01 +0000 admin http://internetguruguide.com/?p=127 It’s ironic that successful marketers are fully aware of two indications which seem to be undoubtedly accurate:
1. Over ninety percent of accumulated wealth sits in the coffers of 5~10% of the people on earth.
2. The 80/20 principle is absolutely correct. That is, 80 percent of the sales in an organization, for example, are created by 20 percent of the workforce or affiliates. Conversely, 20 percent of your customers buy 80 percent of your products and services.

Not being too cynical, the majority of online marketers willingly deceive you about the opportunity they claim to offer. They know that many dreamers will buy it and hope against hope that they will follow the program to the end and claim the riches promised by the guru. But more than 80 percent don’t and never will until they learn to tame their impulsiveness and learn to laser-focus on one concept at the total exclusion of all others.

The truth will set you free. Success is a mindset and a journey, rather than a destination. Yes, you will have to pay a price financially and with your time to find and tweak your knowledge and skills into a marketable product/service, but the price of not doing so and jumping from one 80/20 scam to the next is that you will remain in the 90 percent crowd of losers to the grave.

I end this short post with a Federal Trade Commission post which could save you from being duped (again)…

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