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80% of your success comes from 20% of your effort

January 2, 2014 by · Comments Off on 80% of your success comes from 20% of your effort 

Let’s face it, running your online business or hobby site requires a lot of time. Since time is a premium, you should focus your efforts on the tasks that bring in the most revenue for your business.

That’s why you should focus on the Pareto principle:

The Pareto principle states that, for many events, roughly 80% of the effects come from 20% of the causes.

Business-management consultant Joseph M. Juran suggested the principle and named it after Italian economist Vilfredo Pareto, who observed in 1906 that 80% of the land in Italy was owned by 20% of the population; Pareto developed the principle by observing that 20% of the pea pods in his garden contained 80% of the peas.

It is a common rule of thumb in business; e.g., “80% of your sales come from 20% of your clients”. Mathematically, the 80-20 rule is roughly followed by a power law distribution (also known as a Pareto distribution) for a particular set of parameters, and many natural phenomena have been shown empirically to exhibit such a distribution.

So how can you use the Pareto Principle to make more money?

1. Stop being a server admin.

Yeah, it’s fun to install, configure, and troubleshoot applications you want for your website. However, doing this is zapping your effectiveness.  I can’t tell you how many times I’ve been dragged into productivity killing tasks involving troubleshooting web applications I’ve installed or my employees need help with.

Quite simply… installing, configuring, and troubleshooting should be left to the pro’s. You should be focusing on what you do best – growing your online business.

After all, if customers aren’t coming through the site, then you aren’t making money, right? Read more

Nexcess Announces UK Magento Hosting Services

April 29, 2011 by · Comments Off on Nexcess Announces UK Magento Hosting Services 

Webmaster ToolboxAnn Arbor, MI – Nexcess, a Magento Enterprise Hosting Partner, has announced expansion into the UK Magento hosting market. This effort has been designed to better serve the company’s current and future eCommerce hosting clients by providing lowered latency throughout Europe and Asia.

“We’re very excited to be bringing 10+ years of eCommerce experience to the European web hosting market,” commented Chris Wells, President & CEO of Nexcess, “We knew that many of the specialized Magento hosting solutions that Nexcess provides are of great value to the European eCommerce webmaster, and wanted to deliver these services at lower latencies than we were capable of providing from our Dearborn, Michigan data center.” Read more

Nexcess Announces Magento Cluster Hosting Solutions

March 1, 2011 by · Comments Off on Nexcess Announces Magento Cluster Hosting Solutions 

Hosting BlogAnn Arbor, MI – Nexcess, an Enterprise Magento Hosting Partner with facilities in Dearborn, MI, has announced a new line of managed cluster solutions designed to work specifically for web sites that use the Magento shopping cart platform.

The company’s fresh options for Magento cluster hosting are designed with the scalability needs of large, enterprise clients in mind, providing the technical platform for limitless growth potential on successful Magento shops. Additionally, these complex hosting arrangements will provide increased security measures to protect sensitive financial data via private firewall and intrusion detection appliances, the securing of database and file servers behind the Nexcess private network, and private VPN access for the site’s owners. Read more

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