10 xing with AI part 27

[00:00:00] Hey there, Andrew Anderson and, uh, just came upon a find and you can do this in your business too. This is the largest piece of brain coral I’ve seen ever walked up on the beach. Probably weighs it’s way down in there, so probably weighs, uh, a lot. I don’t how much it weighs, but it weighs a lot. So any who so unexpected treasures.

One of the things that. I found out is, and you can maybe do this too, and this is again another 10 x move, is to, be able to go back in, analyze your customers. And see which ones are actually bringing in you the most money. Okay? Now I know it may seem like that, but typically what’ll happen is 20% of your clients will bring in, and I’ve seen this fairly steadily, 80% of your business.

So what you should do on this is [00:01:00] to figure out those types of clients and just start, focusing on those. Whatever you did, whatever they’re doing whatever their demographics are, you need to focus on those. And if you can get in another 10% of those clients that can bring in 10 or 15% of those, it could increase your profitability by half.

And typically those clients, they’re the ones that, um, pay the most. And give you the least amount of problems. And every company has those. I know we do too. And every once in a while I’ll go back in and the ones that are a pain in the butt and everything else, the client isn’t always right. Okay.

That’s a big misnomer., But what you can do on those is just slowly weed those out and when you make room, because they’re not sucking up all your time and your energy and your resources. You can go out and [00:02:00] find the 20%, uh, 20 percentile clients. And, so that’s it for this lesson. So see ya.