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Network Marketing – A Business or a Side Hustle?

22 September 2021

Quote of the dayhabits

Winners are those people who make a habit of doing the things losers are uncomfortable doing.

Ed ForemanAmerican entrepreneur and speakerAttributed

Principle of the day

Jobs to be done

A customer hires a product to do a job in a context; study the situation and desired progress, not only demographics.

Clayton ChristensenAmerican innovation researcher and Harvard Business School professorSource: Know Your Customers’ “Jobs to Be Done”

Quote of the daywork

Genius is one percent inspiration and ninety-nine percent perspiration.

Thomas EdisonAmerican inventor and businessmanAttributed

Quote of the daychange

To improve is to change; to be perfect is to change often.

Winston ChurchillPrime Minister of the United Kingdom, Nobel laureate in literatureAttributed

Principle of the day

Pareto principle (80/20 rule)

The Pareto principle states that a minority of causes often accounts for a majority of effects; in marketing, identify the customers, channels and actions with the greatest impact.

Vilfredo ParetoItalian economist associated with the 80/20 principleSource: Applying the Pareto Principle in Your Marketing—the 80/20 Rule

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