The 80/20 Rule: Unlocking True Profitability for a Family Business
Crowne Plaza Louisville Airport
830 Phillips Ln
Louisville KY , 40209
View additional information
Wednesday, May 10, 2017, 9:00 AM - 12:00 PM EDT
Professional Advisor Member - $65
*Non-Members are allowed to attend two FBC events before you are asked to join. Click here to learn more about joining the FBC.
Approximately 80% of a company’s value (measured by revenue) is derived from only 20% of its resources or efforts (its product lines and customer base). Pareto called it the law of the "trivial many and the critical few."
The Pareto Principle has been widely touted as a business axiom for over a century, but few people appreciate its implications or implement it correctly. Unfortunately, 80/20 is often discussed at length, applied selectively, or even misunderstood. Consequently, few companies who believe they're following the principle see any benefit.
Learn Why You Can't Grow Your Way to Profitability
Find Out Why Lean is Great, But It's Not Always the First Solution
Hear From Successful Family Business Leaders How 80/20 Works for Them
We will open check-in and a networking continental breakfast at 8:00 a.m.
The event will begin at 9:00 a.m.
* Please note the new event start time and breakfast time *
* We have strict non-solicitation and confidentiality policies for all FBC events.
This is the first event in our 2017 Series: How Will You Grow? Mark your calendars and join us for the next three great events:
If you need any assistance or have any questions, please contact us!
Contact: firstname.lastname@example.org or 502-852-8874
MAY 10, 2017:
“The 80/20 Rule: Unlocking True Profitability for a Family Business.”
Bill Holl, Strategex and Steve Diebold, WireCrafters
Click here for more information and to register.
June 14, 2017:
Lunch & Learn - Lexington
JULY 12, 2017:
Lunch & Learn - “Shareholder Buy-Sell Agreements and the Uses of Life Insurance in Making Them Work,”
with Michael Faurest of Brown-Faurest and family business guest
AUGUST 23, 2017:
“Silver Spoons and Golden Handcuffs: Compensation as a Tool for Growth.”
Lisë Stewart, President and Founder, Galliard International & Galliard Family Business Advisor Institute
SEPTEMBER 12, 2017:
Lunch & Learn – “Why A Sales Plan is not A Growth Plan”
with Amy Romines of Impact Sales Systems and family business guest
September 20, 2017:
Lunch & Learn - Lexington
SEPTEMBER 24, 2017:
FBC Harvest Picnic
October 10, 2017:
“Doing Well by Doing Good: How a Next Gen Successor Achieved Radical Growth.”
Scott Koloms, Facilities Management Services Inc.
November 29, 2017:
Annual Family Business Summit:
Featuring Dave Zilko of Garden Fresh Gourmet