80/20 Rule in Full Effect

By
Services for Real Estate Pros with QEC Internet Services

There are over 25 million small businesses in the United States.  These businesses collectively generate in excess of $5.5 trillion in sales and employ more than half of all private sector employees.  Here are the statistics that we have all heard them many times.  80% of all new business start-ups are out of business within five years. And, 80% of the 20% that survived won't survive in another five years!  This means that, on average, only 4% of small businesses starting this year will be around 10 years from now. 

With that said entrepreneurism is alive, well and still kicking.  We are a country of dreamers and risk finances, relationships, health and mental sanity to fulfill our dreams, in spite of the odds or challenges. 

I never knew when I was first introduced to the 80/20 rules how many areas of life it impacted.  See, I was a Marine and was introduced to the 10% rule way before acquiring knowledge of the 80/20 rule.  Any good Marine will know what the 10% rule is!

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