Identify and prioritize tasks that contribute most to your side hustle’s success from "summary" of Side Hustle by Chris Guillebeau
When it comes to making your side hustle successful, it's crucial to focus on the tasks that truly move the needle. Not all tasks are created equal, and some will have a much greater impact on your side hustle's success than others. The key is to identify those high-impact tasks and prioritize them above all else. One way to identify these tasks is to look at the 80/20 rule, also known as the Pareto Principle. This principle states that roughly 80% of results come from 20% of efforts. In the context of your side hustle, this means that a small number of tasks are likely responsible for the majority of your success. Your goal is to figure out what these tasks are and focus on them exclusively. To do this, start by taking stock of all the tasks you currently do for your side hustle. Make a list of everything, no matter how big or small. Then, go through the list and ask yourself which tasks have the biggest impact on your bottom line. Which tasks directly contribute to your side hustle's growth and profitability? These are the tasks you should prioritize above all else. Once you've identified your high-impact tasks, it's time to prioritize them in your day-to-day schedule. Make sure you're dedicating the majority of your time and energy to these tasks, rather than getting bogged down in low-priority activities. This might mean saying no to certain opportunities or delegating tasks that can be done by someone else. By focusing on the tasks that contribute most to your side hustle's success, you'll be able to make the most of your limited time and resources. You'll be able to work smarter, not harder, and see tangible results more quickly. So take the time to identify those high-impact tasks and make them a priority in your side hustle journey.
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