5 ms·
Hmmm, I smell a general case... Our best estimates put the number of x in the world at around y. Applying the 80/20 rule you can estimate: Of those, 20% (y(.
by edw519 16y ago
Hmmm, I smell a general case...
Our best estimates put the number of x in the world at around y.
Applying the 80/20 rule you can estimate:
Of those, 20% (y(.2)) want to z
Of those, 20% (y(.2)(.2)) have enough motivation to start educating themselves about the process
Of those, 20% (y(.2)(.2)(.2)) will actually start building something
Of those, 20% (y(.2)(.2)(.2)(.2)) will actually finish building something
Of those, 20% (y(.2)(.2)(.2)(.2)(.2)) have prepared themselves enough to achieve some measure of success
- pingu 16y ago>20% (y(.2)(.2)(.2)(.2)(.2)) have prepared themselves enough to achieve some measure of success What does this prep entail? What more needs to be done apart from having the motivation,starting and finishing building the damn thing?
- Benjo 16y agoYeah, the last factor I didn't quite follow. Seems like the original author felt like 8000 was too large, so he needed a bullshit excuse to scale it down one more time.
- tastybites 16y agoI believe what he meant was the stuff in between 'starting' and 'finishing', i.e. doing the work. Lots of people start and do some of the work and never finish. Many also start, do a huge amount of work, but also never finish. It's 3 distinct phases, each of which represents a progressively smaller proportion of people.
- adamtj 16y agoGeneral, yes, but useful? You can easily get wildly different numbers by arbitrarily adding and removing steps. "Of those, 20% don't get too discouraged after educating themselves about the process" Now there are 320. Or combine start and finish building into simply "20% actually build something". Now it's 8000. It was clearly meant to be motivational, not something you should bet your house on.