The Shift Tactic #2 “Re-Margin Your Business” is one of the tactics developed by Gary Keller for Estate Agents looking to grow their business. The Shift Tactic #2 focuses on shifting the way Agents approach their daily activities to maximize their productivity and achieve their goals.
The main idea behind The Shift Tactic #2 is that Agents should focus their energy on activities that have the biggest impact on their business, and delegate or eliminate tasks that are less important. This approach requires Agents to prioritize their time and focus on the 20% of activities that generate 80% of their results.By doing so, Agents are able to “re-margin” their business, meaning they can increase their profit margins by freeing up time and energy to focus on higher-impact activities.
“Re-Margin Your Business” emphasizes the importance of shifting one’s focus and energy to the most productive and profitable activities.
Re-margining one’s business also involves streamlining processes, automating low-impact tasks, and outsourcing where possible, to increase efficiency and reduce wasted time. By focusing on the most profitable and productive activities, Estate Agents can achieve better results in less time and grow their business more effectively.
The importance of the 80/20 rule lies in the insights it provides about where to focus time and resources for maximum impact. By understanding which 20% of activities generate 80% of results, Agents can prioritize their efforts and allocate resources more effectively.
The 80/20 rule can also help identify areas for improvement, as it highlights the activities and processes that are not generating the desired results. By focusing on the most impactful 20% of activities, Agents can improve their overall performance and achieve better results.
In summary, the 80/20 rule is a valuable tool for identifying the most important and impactful activities, and for focusing time and resources to maximize results for Estate Agents.
