How to Apply the 80/20 Rule to Grow Your Online Business

How did a small one-man business go from earning $3278 a month online to well over $45,000 a month. … And, most importantly, how can you achieve the same results in your business. These are the questions you'll find the answers to in The 80/20 Entrepreneur.

If you're an entrepreneur, there is one surefire way to boost your income: Become more productive. If you've noticed revenue stagnating in your online business, you might be tempted to try to boost it by… Working more hours. Learning new skills (re-training).

Accepting more projects. The problem with these strategies is that they all involve trading time for money in one form or another. You might get an initial boost in income by working longer, but you can bet those results will taper off after a while.

"Burning the midnight oil" can also have nasty health consequences for an entrepreneur, such as sleep deprivation and stress. The real key to increasing your income is to become more productive. By boosting productivity you get the best of both worlds: you make more money while working less hours.