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Wealthy Way

Unlocking Success: How to Apply the 80/20 Rule in Your Life

Wealthy Way

Ryan Pineda

Business, Entrepreneurship

4.82.1K Ratings

🗓️ 6 September 2024

⏱️ 11 minutes

🧾️ Download transcript

Summary

Time is your most valuable asset. Master it with effective time management strategies to boost productivity and achieve your goals.---Secure your spot at the #1 conference for real estate, entrepreneurship, and social media here - https://www.wealthcon.org/Feeling lost as an entrepreneur or real estate investor? Get access to our community, coaching, courses, and events at Wealthy University https://wealthyuniversity.com/If you want to level up, text me at 725-444-5244! ---About Ryan Pineda: ...

Transcript

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0:00.0

You always need to question what is the best use of your time.

0:04.6

So for me, I'm just always thinking about this.

0:07.7

I'm like, all right, this is what I do today, but is this the best use of my time?

0:11.9

You know, many of you have probably heard of the 80-20 rule,

0:14.1

Paredo's principle, where it's like, you know, 20% of the things you do get you 80% of the results.

0:18.9

And I found that to be true in life, but here's the the thing I found that it's always changing as my life

0:25.5

and as my business changes so to go back to the previous example I found that me

0:31.5

going on seller appointments was the best use of my time.

0:35.0

Now the best use of my time was not in following up with Leeds or cold calling people or doing any of that.

0:41.0

It was strictly just trying to go on as many appointments as I could.

0:44.6

That's what made the money.

0:46.6

When I made this transition to going on social media, I realized that man, I got to spend a lot of my time

0:51.4

on making content. That's the best use of my time. Nobody else can do it. And so, you know, I did that for years. And then, you know, I started to realize that the best use of my time would always change in different seasons of life and business.

1:06.0

So if you were to ask me today, Ryan, what's the best use of your time?

1:10.4

You know, there's a couple of things that I know are the best use of my time.

1:14.0

So like, number one, it is in building out our marketing funnels.

1:17.8

I spend so much time now in just building out different marketing funnels that we have.

1:23.4

You know, we have a funnel that is a $3 thing, okay?

1:27.8

You know, you could go to wealthy university.com right now and go get a free,

1:31.2

or that's not free, it's $3, right? But basically free. You can go get a free or it's not free it's three dollars right but basically free you can go get a trial

1:34.8

of wealthy university for three dollars and then you get all this free stuff you know on top of it

1:40.0

for just three bucks and you know there's all these things within the funnel, you know, if you buy, then this happens, and that happens, and this happens, and you know, there's all this stuff that happens, and you know, we've made it very profitable now and now I'm scaling it

...

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