Think better Pareto principle or 80/20 rule for startups

Think better: Pareto principle or 80/20 rule for startups

Tl;dr: The Pareto Principle or the 80/20 rule states that 80% of effects come from 20% of causes. Identify the causes and focus on those. 20% work is about doing the right things, as opposed to doing a lot of things. Working more hours does not necessarily increase the likelihood that you will succeed. Work is overrated. Working hard with …

Too busy and busy defined

Too busy and busy defined

When I was a junior M&A banker, I worked crazy hours. 20 hours a day was pretty regular for me. When I build startups I work pretty long hours and encourage staff to do the same. Only, I wouldn’t dream of making staff work a minimum of 16 hours a day (every day). The banking world is a little different. …