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The 80/20 principle for founders
- Authors
- Name
- AbnAsia.org
- @steven_n_t
Founders have a million of things to do. You need to focus on important things. The rest is just noise.
The "80/20 principle" for founders
Traction: 80% distribution, 20% product
Growth: 80% retention, 20% acquisition
Revenue: 80% existing customers, 20% new leads
Pricing experiments: 80% positioning tweaks, 20% actual price changes
Brand building: 80% customer experience, 20% logo design
Sales: 80% listening, 20% pitching
Community building: 80% empowering users, 20% company-led initiatives
Product: 80% core features, 20% nice-to-haves
Time: 80% executing, 20% strategizing
Insights: 80% user feedback, 20% user behavior
Pricing: 80% value perception, 20% actual costs
Marketing: 80% word-of-mouth, 20% paid ads
User onboarding: 80% aha moments, 20% feature tutorials
UI/UX: 80% intuitive flow, 20% aesthetic appeal
Viral growth: 80% reducing friction, 20% incentivizing sharing
Roadmap: 80% market pull, 20% vision push
Team management: 80% context setting, 20% direct orders
Customer interviews: 80% observing, 20% asking
Market positioning: 80% owning a niche, 20% broad appeal
Founder time: 80% working on the business, 20% in the business
Prioritize the 80% that moves the needle.
The rest is just noise.
Guest post by Greq.
Author
AiUTOMATING PEOPLE, ABN ASIA was founded by people with deep roots in academia, with work experience in the US, Holland, Hungary, Japan, South Korea, Singapore, and Vietnam. ABN Asia is where academia and technology meet opportunity. With our cutting-edge solutions and competent software development services, we're helping businesses level up and take on the global scene. Our commitment: Faster. Better. More reliable. In most cases: Cheaper as well.
Feel free to reach out to us whenever you require IT services, digital consulting, off-the-shelf software solutions, or if you'd like to send us requests for proposals (RFPs). You can contact us at [email protected]. We're ready to assist you with all your technology needs.
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