80/20 Rule or Pareto’s Principle in Business
It pays to play to your strengths. But how do you pinpoint the areas that will increase your bottom line and earn you more money? Simple: By following Pareto’s Principle. (also known as the 80–20 rule, the law of the vital few, and the principle of factor sparsity) Named after Italian economist and sociologist Vilfredo Pareto. The rule simply […]
Why Entrepreneurs Are A Rare Breed
These stats are staggering but this article will help you increase these numbers. * Self-employed = less than 10% * Business owner = less than 3% * Business survival (10+ years) = less than 1% * $10M in revenue = .4% * $50M in revenue = .04% Entrepreneurship can […]
Courage vs. Fear
“I tell my kids, what is the difference between a hero and a coward? What is the difference between being yellow and being brave? No difference. Only what you do. They both feel the same. They both fear dying and getting hurt. The man who is yellow refuses to face up to what he’s got […]
8 Steps To Bathing When Water Is Scarce
It seemed fitting that I research what to do when you live in an area where water cant be scarce. Since Bocas Del Toro relies on rain water there are times when the whole town is doing the “rain dance”. When there is a shortage of rain the town gets a little creative and […]