[HN Gopher] When the 80/20 Rule Fails: The Downside of Being Eff...
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       When the 80/20 Rule Fails: The Downside of Being Effective
        
       Author : colinprince
       Score  : 11 points
       Date   : 2024-10-27 19:44 UTC (3 hours ago)
        
 (HTM) web link (jamesclear.com)
 (TXT) w3m dump (jamesclear.com)
        
       | helph67 wrote:
       | "The 80/20 Rule would recommend that the most effective course of
       | action would be to focus exclusively on serving these clients
       | (and on finding others like them) and either stop serving others
       | or ". Whereas my understanding is to know which of your clients
       | are regularly contributing to your profits while also trying to
       | improve profits coming from remainder. Those in the remainder may
       | appreciate your help, improving your future results.
        
       | bentocorp wrote:
       | In summary, it can be hard to know what the 80% of things you
       | should concentrate on actually are.
       | 
       | Especially in startups and certain endeavours (e.g. Marketing) it
       | really it is a case of continually trying a lot of things to see
       | if something works.
       | 
       | Once you've discovered what works, you could focus all of your
       | time on that one thing. The problem then is that you have no
       | further opportunities to discover something that is even better.
       | You may have hit a local limit.
       | 
       | So you need to keep trying new things, and potentially wasting
       | time on them, until you can evaluate properly to see if they move
       | to the 80% of things to focus on in the future.
        
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       (page generated 2024-10-27 23:01 UTC)