Internet Marketing Strategies - Failing To Succeed

Internet Marketing Strategies - Failing To Succeed - http://www.netplaymarketing.com/failing-succeed/

In this video I talk about How To Never Fail In Your Business.

So how do you never fail in your business? Easy, never quit!

I bet you weren't expecting that one, but let me dig a little deeper here. I want to chat really quickly about why people quit their business, and how you can avoid that.
In this video I will discuss how you need to fail to succeed.

If you aren't familiar with Pareto's Principle or the 80/20 rule let me begin by explaining what it describes and what it means for you and your business.

The 80/20 rule simply explains that for all of the efforts you put in to achieving any goal, 80% of your results will come from only 20% of your efforts.

That means that 80% of your efforts only make up the other 20%!

I know this seems like a bit of disempowering thought, but it's actually an empowering idea.

It means that when you try something out and it doesn't work, it's just because it's part of that 80%.

You see, the faster you fail at things in your business the faster you will find the 20% that's going to make the biggest impact in your business.

You can also use this principle to reverse engineer your competitor and see what's working for them. If you see the same ad come up over and over and over again on Facebook, YouTube, or any other medium you can bet that it's because it's actually working for that person, because if it wasn't they wouldn't run it for that long.

If it works for them, it could work for you, and you can model their content to get a similar result.

Makes sense right?

So, don't feel bad if the next thing you try doesn't get you the best results, it just means it's not part of the 20% that matters.

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