Put the Power of the 90/10 Rule behind Your Potential for Wealth Creation

What a pessimistic ratio! Only 10% will be successful- and that 10% is predicted to get even smaller!!! I was always taught that the 90-10 rule was that 10% of the work dictated the success of the remaining 90% of the work- meaning that the time spent creating, planning and evaluating set the course for the rest of the job. Think that if more people realized the importance of the work 90-10 rule then maybe the wealth 90-10 rule would mean that 90% of all who try- WIN! Call me an optimist.

The 90/10 Rule: 10 percent of the players win 90 percent of the money.

The 80/20 Rule: 20 percent of the effort gains 80 percent of the result.

They look like each other,
and they spring from the same physical law:
The beginner takes it all.
or 80-90 percent.

Everthing I have ever done, I have dreamt of doing first. Then, I set out to achieve it. One time I got depressed because iIhad accomplished every thing on my dream list. Then I got some good advice: Make some more dreams. This cycle has happened to me 3 or 4 times in life now.
Dreams are what we live for. They give us hope; with out hope, we can die sooner.

Later,
KandidKate

That is an intersting post. Why try?

To be in the top ten or to be the best that you can be. True endurance starts when you are in competition with yourself first. Would a top ten player...be the last place player the next time? It is true to pick your best skills and best talent...but no patience with yourself to learn and grow... may end up cost your true passion and insperation.

In "The art of war" it teaches wisdom... the batlle is won before we fight. To know what you are after...teaches us to prepare. Who cares if we are last...get in the fight.

I buy and read this book, it is translated on croatian and is present on croatian market.

It takes Lions courage and strenght and heart of an Angel to be modest as Mr. Trump is.

Also, the strenght and the Master mind and Heart of Mr. Kiyosaki lead him to victory to become educator to those people whom his father was the enemy. Today, the God's mills grinds their thoughts, words and actions on Hawaii and educational system of America.

A Mighty pounch!

http://www.youtube.com/watch?v=IvTT29cavKo

Ina Matijevic

p.s.
If one finds a Light in Self, would one puts Light in the basement, or in the place where everybody can see it?

They are promoting numbers to give us perspective and giving us knowledge to help us turn the tide in our favor.

I love the encouragement to go after that which will put us in the top 10%, that in itself should help turn the tide. Leave the other stuff for those for whom that other stuff has value.

I think what they state makes a whole lot of sense. Both of you keep up the great work.

KLAustin

"if your reality begins with your dreams, your dreams become your reality"

Again one golden sentence to be added to any entrepreneurs wall! After I joined TrumpU some three years ago, my business have started booming and that has a lot to do with these simple but very valuable thoughts given by Mr. Trump and other authors.

I am still dreaming of creating couple more small businesses and after being successful with ACN until they left Finland, I have found a new chance through a letter I got:

" Dear Panu,
Are you interested in looking at a side business that can generate a very serious residual income? I'm launching something huge, and I'd love to have you on my team. I am working with Eric Worre and Randy Gage in a network marketing business. Eric and Randy, if you don’t know them, are multi-million-dollar producers with a long track record of helping people reach success in the business. This new company has developed into a phenomenon and is one of the fasted growing business opportunities in the world today, and we’re looking for
leaders in your area.
I got involved because it's a chance to work with two of the most successful people in the industry, and be a part of a company as they enter the exponential growth curve. We’re looking for people with good teaching and training skills who want to capitalize on a chance
to get in early.
Eric and Randy have uncovered an emerging new company that meets ALL of the criteria to be the next billion-dollar company in the industry. I plan to lock up a legacy position and I’m looking for leaders who want to work with me and lock in their own spots. You
could be one of these people.
Here are the factors that make this such a powerful opportunity right now:
#1) You can be in at the beginning!
The company has launched in the United States and a few other countries, and they’re in pre-launch operations in about 40 more. So we have a real window of opportunity to get ahead in the race, before most people even know there is one. I want my people to own their
own areas, before the mass market even hears of the company. We’re looking for leaders we can train in our team system to own their local market and springboard from there.
#2) Big Dollar Residual Income Available.
I’m sure you’re aware how important is it to have residual income to create true wealth. With this business the compensation plan offers eight ways to earn, with most of them residual. More importantly they have pioneered the biggest innovation in compensation of the last 15-
20 years, the Leveraged Matching Bonus. If you know anything about how these plans work, you’re going to hallucinate when you understand this one!
#3 The products are sexy and fill a huge market demand.
The products are based on an amazing scientific breakthrough that creates an entire new product category, so the market potential is beyond enormous. Yet it is a simple concept that makes so much sense people "get" it right away. This ensures you a stable business and income for many years to come.
#4 You can make money while you sleep!
Because the company is operating in over 40 countries you have a chance to build an international business that the sun never sets on! You can make money across 24 time zones. Because of the nature of the compensation plan, positioning and
timing are important. Right now I am looking for leaders who understand the power of being in at launch. You have a chance to position yourself in a prime spot to create a legacy income for life. I believe you have what it takes to do something big with this. We have about a two year window when legacy positions will be created.
So do you want to hear about this? Or are you too busy with your other stuff to look?
Please get back with me right away. Thanks, Jack"

If any interest for additional info, write me to: panu.hamari@success.fi

How can you apply this to everyday life? Does 90 percent of the worlds economic powers belong to 10 percent of the worlds most elite? It seems that would be the case, especially with all oil rich nations building massive-modern cities, yet we still see poor nations trying to mearly survive.

After working for a small real estate firm for 3 years here in Albuquerque, New Mexico, it is clearly visible that 10% of the brokers handle 90% of the transaction and income.

In economics you alwys here about the 80/20 or 90/10 rule, but is there anyway to break this pattern to reestablish the shrinking middle class? A good book to read is "Guns, Germs, and Steel" By Diamond. Which can maybe be broken down to the micro level for us to understand his concepts within our own nation. Chris http://www.HolaNewMexico.com

The 90/10 rule is true but there's a mistake in your interpretation.

The rule basically says that out of 100 people there are ONLY 10 available slots where 90% of the money will be made. It's a rule so 90 people MUST be left out. It doesn't have to be that way of course but we all know that communism doesn't work-- only capitalism does, therefore it's not important that some people make more money than others only that everyone has a fair share of enjoying the most basic necessities of life.

I'm in the 90 group. I live in an SRO but I don't complain. All I need is a clean, safe place to live and healthy food on my plate. A beautiful woman is gravy, but since I lack potatoes right now, I'm missing just a little bit of what you guys in the 10 group have.

P.S. If I were rich I would live rich.

You guy's got me in the game and I am going for it all the way! What the mind can conceive man/woman can achieve!

"If your reality begins with your dreams, your dreams will become your reality." - Donald J. Trump
This is inspiring as long as you don't have nightmares :) This would be great on products.

I agree, and sometimes it's hard to keep your dreams big when you are grinding it out to make it happen. I have started a new residential real estate brokerage because I think the old model of completely independant agents is on it's way out. http://www.cortiersrealestate.com

The dream is create a new luxury real estate franchise to compete with Sotheby's and Christi's, but offer a consistent high end corporate product for clients.

Thanks for all the great thoughts.