Elon Musk is using "The 80/20 Principle" at Twitter right now Episode 25
Manage episode 347590517 series 3377579
I was sharing with Nate how Elon Musk is taking a lot of criticism right now about how he is reducing Twitter's workforce, but in reality it is brilliant because it brings the Principle of 80/20 into it. The rule which I personally think should be a "LAW" would show that 20% of Twitter's workforce before the takeover are probably responsible for 80% of the results. Removing the 80% of the workforce that is only getting 20% of the results is key to a healthy business.
I also related back to my own business and a recent decision to cull/sell some of my accounts using the same 80/20 Principle.
Whole point is not to talk about my business, or Elon's, but to look for stories every day and things that happen to relate back to a teaching lesson from Prodigy Kid or Life in general. That's what I do with Nate!
60 ตอน