Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago,

User Stats

43
Posts
26
Votes
Eric Hamm
Pro Member
  • Developer
  • Merced, CA
26
Votes |
43
Posts

Top Revenue Generating Activities (80/20 Rule)

Eric Hamm
Pro Member
  • Developer
  • Merced, CA
Posted

Pareto's Principle (aka the 80/20 Rule) suggests that 80% of your revenue is going to come from 20% of your activities.  I just read "80/20 Sales and Marketing" by Perry Marshall - a book suggested a while back on the Podcast.  In it, Perry suggests that you should identify those 20% of your activities that generate the greatest results and delegate the rest.  

The idea is there's $10/hour work, $100/hour work, $1000/hour work, and $10,000/hour work.  Most of us do a little of each throughout a given day.  In fact, we should be delegating the $10/hour work (and even the $100/hour work) and focusing on those activities that generate $1000+/hour.

So, I'd like to hear from all of you...what are your $1000+/hour activities?  What are the things you SHOULD be focusing more of your time on?

I am a commercial real estate investor who is just getting started doing some wholesaling (SFH & Multifamily). So, for me:

Analyzing Deals

Meeting with Sellers

Meeting with Buyers

Public Speaking

Generating Leads

Making Offers

I'd love to hear what others consider the best use of their time.  Go!

  • Eric Hamm
  • [email protected]
  • Loading replies...