Who Are The Four Percent
To explain who are the four percent we need to back up a little and talk about the 80/20 principle – known as the “Pareto Principle” named after the guy who discovered it – an Italian Economist Vilfredo Pareto, who, in 1906, found that 80% of the land in Italy was owned by 20% of the population. …
Bear with us here as finding out who are the four percent relies on this principle. You see what was most important about Pareto’s finding was that this 80/20 distribution occurs extremely frequently…
In fact it applies in virtually every area of life.
So let’s look at who are the four percent in the business or entrepreneurial world
Who Are The Four Percent
Let’s explain who are the four percent then. Say if 100 people want to become financially free (say their goal is to create a $10,000 per month income) – 80% of them (80 people) will just talk about it. They will take no action. 20% of them (20 people) will take “some” action.
What most people don’t realize is that there’s the 80/20 within the top 20% as well. So out of these 20 people now here’s what will happen: 80% of them (16 people) will dabble, kick the tires, try things out. They might even work hard and come across as being “busy” trying to do stuff. In reality these folks never get the result they want. Why? They do what’s “convenient” and nothing more. They also have no strategy for getting where they want to go. 20%, however, (4 people) will do whatever it takes to achieve their target – $10,000 per month. These folks (the four percenters) are super dedicated and don’t tolerate average. They don’t make excuses. They don’t look for reasons why something might not work. They MAKE things work. They work very strategically and create their own economy. Research shows that these four-percenters earn around 95-97% of all the income that’s being earned in any given industry.
These folks have the most amazing life styles and also contribute the most.
So that’s who are the four percent
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