Joe FierHead of Builds, Delphi · Scaling expert knowledge with AI

How Much Time Are You Wasting?

Name: How Much Time Are You Wasting?
Uploaded: 2024-08-22T22:45:42+00:00
Duration: 38 s
Channel: Joe Fier
Description: A short spoken segment from a YouTube video arguing that most businesses carry significant waste in how they spend time and effort. The speaker connects…

22 Aug 2024 · 1 min

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A short spoken segment from a YouTube video arguing that most businesses carry significant waste in how they spend time and effort. The speaker connects their personal experience of stress to treating too many tasks as important, invokes the 80/20 (Pareto) rule—claiming ~80% of results come from ~20% of inputs—and recommends simplifying, cutting non-essential work, and making hard decisions to free capacity.

Chapters

Every single business has a ton of waste. And when I look at the times where I was super stressed out and overwhelmed and I look at what I spending my time on, I was making everything pretty important. When in fact, like the 8020 rule is real. 80% of our results come from only 20% of our inputs or efforts. Right? So that means that most of what we're spending our time, energy, effort, and effort on is not necessarily waste, but pretty darn close to it. Right? And if we can simplify and cut things out and make some of those hard decisions of what's not really necessary, what's not essential, that just creates so much capacity.