~ High-Performance Entrepreneurship ~
Thirteen years ago, I came across a book that I had no idea would change my life as much as it has. That book was called The 80/20 Principle. I read it, and immediately applied what it said to my life seeing results in a matter of a few days. I continued to apply the method as much as possible throughout the years using it in both my business and personal life. Little did I know 13 years later, I would be so fortunate enough to interview the author of the book. Richard Koch is our guest today and we are going to dive down the 80/20 rabbit hole with him on what this method is, and why it actually works in all areas of life. How you can use it as a superpower to generate significant amounts of money, and be happier, healthier, and maintain better relationships.
Richard himself is a very successful entrepreneur, investor, & consultant working on and investing in hotels, restaurants, the distilling industry and the internet gaming industry as well. Richard has used the 80/20 Principle to make a fortune from several private equity investments and “retiring’ by the age of 40!
04:00 Who is Richard Koch?
05:08 Defining the 80/20 Principle
14:42 The Evolution of the 80/20 Principle
26:51 Applying the 80/20 Principle in Marketing
32:12 Applying the 80/20 Principle in Team Management
37:44 Seeing the 80/20 Principle in a New Way Through Network Businesses
44:53 Who Does Richard admire for Using the 80/20 Principle Well?
50:27 Where to find Richard Koch?
Contact Info:
The 80/20 Principle on Amazon
Unreasonable Success & How to Achieve It on Amazon
Richard’s Books on Amazon
Website: https://richardkoch.net/
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HP#168 ~ Pt.3 of Sitting Down w/a Billionaire
HP#167 ~ Pt.2 Sitting Down w/ a Billionaire
HP#166 ~ Sitting Down w/a Billionaire in Person
HP#165 ~ Common Traits of Billion Dollar Founders Continued….
HP#164 ~ The MAIN Common Traits of Billion-Dollar Founders
HP#163 ~ The Biggest Fear of a $4 Billion Space Tycoon
HP#162 ~ How to Get Mark Cuban to Invest w/ a Cold Email
HP#161 ~ Biggest Mistakes in Fundraising Over $1 Billion ~ Jordan Noone
HP#160 ~ A Billion Dollar Founder on the Importance of Taking TIme Off to Think
HP#159 ~ When Not to Listen to Your Mentors, Coaches or Advisors
Ep.558 ~ A $4.2 Billion Company That 3D Prints Rockets ~ Jordan Noone
HP#158 ~ Pursue Your Own Madness ~ Jim Rogers
HP#157 ~ How the CEO of Chipotle Maintains Peak Performance
HP#156 ~ Why Leaders Should Be Subordinate from the CEO of Chipotle
HP#155 ~ Recipe for Empowering Employees from the CEO of Chipotle
HP#154 ~ How the CEO of Chipotle Finds Top-Employees for Rapid Growth
HP#153 ~ Growing Chipotle from 8 Stores to 2000 Stores w/ 75k Employees
Ep.557 ~ The Former CEO of Chipotle, Growing it to a $23 Billion Company ~ Monty Moran
HP#152 ~ Once a Month Have Lunch w/ Someone You Hate
HP#151 ~ Drayton McLane’s Advice for Finding the Right Mentor
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