Friday, August 5, 2011

Focus on the best

Someone once said to me, “Kyle, when you think of the strengths and weaknesses of your business, consider the strengths as things that won’t cost nearly as much money or time to do better.”

Think of the student that is terrible at math – studying 4 hours a day only to achieve below average results. When studying dance for 4 hours a day will turn them into one of the worlds most accomplished dancers. Where should they allocate their time?

It’s important to find partners that are different from you. Partners that are the ebony to your ivory, the accountant to your salesman, the eloquence to your analytical.

It’s important to focus on the best customers - the 20% that give you 80% of your business

Keep doing what your best at. In fact – do more of it. Learn more of it. And source the stuff your not good at to others who are. 


Jun said...

Keep up the good work, Kyle!
Hope you are enjoying Victoria. :)

Kyle said...

Thanks Jun,
I am enjoying Victoria very much, it's a beautiful city with great people.