The 80/20 principle for founders

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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