How to Pareto Principle
In this "open door" session for Fundrise employees, Ben Miller, Fundrise's co-founder and CEO, delves into the Pareto Principle, explaining its significance and how it can be applied to improve productivity and decision-making.
The famous principle suggests that 80% of outputs result from 20% of inputs, a concept that challenges our natural inclinations towards symmetry and even distribution of efforts. Through examples from tech investing and Fundrise's history, the discussion highlights common misunderstandings about work and suggests ways to identify and focus on the most impactful tasks.
This recording is from March 13, 2024 and was left largely unedited.
The information provided in this video is for general informational and educational purposes only and is not intended as financial or investment advice. Investments and strategies mentioned may not be suitable for all viewers and do not take into account the individual viewer's financial circumstances, goals, or risk tolerance. Fundrise does not offer financial advice through this video. Viewers should consult with a qualified financial advisor before making any investment decisions.