I was checking my AGLOCO stats today and noticed a new stat that shows where you rank among the membership (if you don’t know what AGLOCO is, go here for an explanation). According to the new feature, I am ranked in to top 0.03%. What does this mean? The easiest way to explain it is with a few examples.
The 0.03% is affected by the number of people you sign up and tells where you rank among the AGLOCO population. If we assume that AGLOGO has 10,000 members, I would be among their top 3 members with the most referrals (10,000 X 0.03% = 3). If AGLOCO has 100,000 members, I would be one of their top 30 members (100,000 X 0.03% = 30).
Another way to express this is by flipping the number upside down. By being in the top 0.03%, I am doing better than 99.97% of the AGLOCO population. Likewise, I can say that 0.03% of the AGLOCO population is doing as well as me.
I did some checking with other AGLOCO members to get an idea on how the membership is doing. One member has 5 direct and 2 extended referrals and is in the top 3.56%. Another has 10 directs and 3 extended and is in the top 2.25%. A member with zero sign ups is in the top 15.97%. This last one requires more explanation.
Being in the top 15.97% means you’re doing better than 84.03% of the population, which sounds good. The only problem is, you can’t do worst than signing up zero. That means you are part of the 84.03%. In other words, 84.03% of the AGLOCO population has signed up nobody. Sounds bad, doesn’t it? Not at all.
This is a classic example of the 80/20 rule, which states that 20% of the population produces 80% of the results. In almost every field you can imagine, the 80/20 rule applies. On the Internet, 80% of the website owners make next to nothing, 20% make money. If you own a manufacturing business, you’ll discover that 80% of your sales comes from 20% of the customers. If you were to break down Google’s biggest publishers, you’ll find that the top 10 accounts for nearly half of Google’s income. In a nutshell, the 80/20 rule means most of the results are produced by a minority.
The cool thing about the 80/20 rule is you can choose which side of the fence to be on. You don’t need to be born into it, marry it, inherit it, or win it (but that does help). It’s all attitude. Do you want to be part of the 20% that makes things happen or part of the 80% that wonder what happen?
The fact that over 80% of AGLOCO members signed up nobody means you’re not in as much competition as you first thought. This was the same with AllAdvantage. The majority of the population signed up nobody and just ran the toolbar to make some pocket change (or plan to promote it “some day”). The same thing will happen to AGLOCO – most AGLOCO members will make very little while a small percentage will make a lot. This is true no matter what venture you’re in. It’s been stated that my blog makes more money than 99.9% all blogs on the Net. It’s probably true.
If AGLOCO (or the Internet) was a game of chance, then the odds are really stacked against you. However, this isn’t a game of chance. What you make online is directly determined by what you produce. The people who do the work are the ones who will be reaping the rewards. That applies to everything in life.
Oh, for those wondering, to be ranked in the top 0.03% of AGLOCO requires 1,400 people to sign up.