Summary of Your 80 20 Voice Acting Clients are HURTING You!
Clients who take up 80% of your time but only account for 20% of your income are called 80/20 clients.
It is important to recognize and deal with 80/20 clients in order to maximize your time and income.
Signs of 80/20 clients include demanding job descriptions, unreasonable requests, and low pay for high demands.
When encountering an 80/20 client, it is important to assess the situation, maintain professionalism, and potentially end the business relationship.
It is crucial to value your time, negotiate from a position of power, and focus on projects that value your time more.
The Pareto Principle, discussed by Tim Ferris in his book "4-Hour Work Week," can help reduce stress and maximize fulfillment in life and business.
Presenters/Sources
- Joe ZJ, voice actor and founder of learnvoiceacting.com
- Tim Ferris, author of "4-Hour Work Week"
Notable Quotes
— 00:26 — « clients dont just pop up in the voice acting industry but in all businesses and they can be the bane of efficiency and your stress and you know Im all about efficiency and not about stress »
— 00:50 — « thats someone I call an 8020 client »
— 03:04 — « if they balk at the price of 8 hours in the booth then theres a definite sign youre dealing with an 8020 client »
— 03:54 — « your time is better spent finding other clients that will pay you fairly for your time and wont make such stressful demands »
Category
Wellness and Self-Improvement