🤖 Scaling your business using the 80/20 rule with ChatGPT

Ready, Set, Scale!

Read time: 6 minutes 

Greetings from the future,

Raise your hand if you've heard of the 80/20 rule—also known as the Pareto Principle.

Now keep it up if you're nailing it in your business.

Nobody? That's what I thought.

You see, we're all like hamsters on a wheel—running, running, running—but only moving about three inches per year.

Problematic? Absolutely.

Solvable? You bet your last Bitcoin we're gonna fix this!

Hamster Swinging GIF

Let’s dive in! 🤿

In Partnership with Durable

Are you tired of spending countless hours, days, and weeks trying to build your own website? I bet you've spent so much time on it that you started considering "web-designer" as your unofficial second job!

This AI tool can create your dream website in less than 30 seconds! Say goodbye to tricky tasks and long waits. With Durable, your website is ready even before you can tie your shoe!

Get ready to sprint in the website race, because with Durable, you're always in the fast lane.

🤔 Why the heck do you even need this?

Ah, the eternal struggle of business scaling. You're either drowning in tasks or your team is large enough to populate a small island, but for some odd reason, you're still not Elon Musk. What gives? Turns out, you've been doing it all wrong! Or at least 80% wrong. Let's be real, most things in life obey the 80/20 rule—like how 80% of your beer is consumed in the last 20% of the party. It's time to rethink, re-strategize, and re-Juice!

📈 How it can help your business:

  1. Optimized Customer Segmentation: Using ChatGPT to analyze customer behavior, you can identify that 20% of customers who bring in 80% of your revenue. Tailor your services or products to appeal even more to this golden group.

  2. Content Prioritization: By analyzing which kinds of content generate the most engagement or sales, you can focus your creative efforts on the 20% of topics that bring 80% of your traffic. ChatGPT can then assist in producing more of this high-impact content.

  3. Employee Efficiency: You know those dreaded end-of-week meetings that seem to achieve little but take forever? Use ChatGPT to analyze your team's productivity data. Identify the 20% of tasks or projects where your team really shines and brings in the most value. Then refocus your team's efforts on similar high-impact tasks.

The Pareto Principle

So in a nutshell, ChatGPT can sift through the sand to find the gold, pointing out where your minimal effort can produce maximal results. This is the 80/20 principle at work, making your business more efficient, targeted, and, above all, profitable.

Prompt: The 80/20 Principle ⚖️

They say don't put all your eggs in one basket, but what if you knew which basket brings you golden eggs? Let's talk about the "80/20 Principle" prompt. The benefits are hard to ignore:

  • Less wasted effort and more impactful results.

  • Quicker and more effective choices.

  • Fewer working hours but greater yield.

Here’s the prompt:

Analyze [topic]. Identify and share the most important 20% of learnings from this topic that will help me understand 80% of it. 

Topic = [Insert here]

HOW TO USE THE PROMPT:

  • Fill in the [INSERT here] placeholder with context about your topic

Here’s what the ChatGPT generated:

Remember, It's all about finding that transformative 20% that drives 80% of your results. So why not start your own treasure hunt? Your golden eggs are out there, just waiting to be found.

Wrap up

WHAT YOU LEARNED TODAY

  • Why the heck do you even need this?

  • How it can help your business

  • The 80/20 Principle Prompt

Until next time, I'll be here savoring this heavenly rib-eye at the steakhouse. Trust me, even the 80/20 Principle applies to a good steak—20% of the bites bring 80% of the bliss! 🤪 

Catch you next issue.

Robin,

Producer of Robot Juice

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