Tim Allen Equipment, and our DBA Roseburg Rental are here to help you be more successful with your property maintenance, improvement and construction projects here in Roseburg Oregon. Whether repairing, purchasing or renting equipment we can help you get your job done easier, faster and better.
Monday, April 9, 2018
Want a map that guides your life?
How often have you wished there was such a thing? For many the Bible works pretty well, but for quite a few even that leaves a lot of time in the day that is unfocused.
My Dad used to say “busy little hands are happy little hands”, well I figured out later in life that his saying wasn’t necessarily true. Busy doesn’t necessarily equal happy, busy just equals busy.
Ever feel like you’re just running circles? You probably are.
What’s the big secret?
Pareto’s Principle, or the 80/20 rule.
This one rule has simplified untold area’s in my life, and de-stressed just as many. Basically it states that every output is the result of 20% of the input. I’m sharing a link to describe this further, but here are a few area’s in my life that this really helped.
Number one was understanding ROI, or return on investment. If you’ve ever spent time trying to perfect something, you know a lot happens in the beginning of a project, but as things get closer to perfection it becomes exceedingly more difficult to improve the end result. At some point your return on investment diminishes to the point you are now using far more resources to gain ground than at any other part of the project. You can quickly go broke trying to perfect anything. Putting out a nearly perfect project is far better than not putting out something because you went broke trying to create perfection.
80% of your revenue probably comes from 20% of your customers, now you know who to focus your advertising on.
You may enjoy only 20% of the time you spend with certain people, stop putting time into those (family is an exception for most) and put that time into finding others you enjoy being around more.
Time you spend after hours with your family may only be 20% productive enjoyable time. What are you doing during that 20% that you could do more of with that 80% that is currently wasted?
Figure out how to apply this principle to your time, your relationships, your money, your work, your hobbies, and all of the sudden the map starts to appear.
My goal here isn’t to give you full understanding, but to just get you interested enough to learn more about this. Whether a Google search, books, or table talk, experiment with this. Its been pretty amazing for me, and I think it could be for you too.
How does this apply to equipment rental? Well you could dig that ditch by hand, or buy a piece of equipment you seldom use but end up having to maintain. A better choice might be to rent, complete your project, return and move on.
Have a tool or equipment need coming up? We’d appreciate your business