New Article: How To Burn $6,540 a Week: Indecision and Software Development

From my new article How To Burn $6,540 a Week: Indecision and Software Development:

“These kinds of decisions come up constantly during development. Let’s say we have five developers working on a project and between them we encounter 10 in a week . If a monkey flipped a coin he’d choose the right answer half the time. Giving the manager the benefit of the doubt, let’s say he chooses correctly 60% of the time. 6 out of 10 times we break even, the other 4 we lose $420, for a total cost of $1,680 per week.

If we decide not to make any decisions we lose 10 times $822, for a total of $8,220 per week.

Let me say that again: blanket indecision loses $8,220 per week; making decisions (including bad ones) loses $1,680 per week. That’s a difference of $6,540 per week.

Give that a few minutes to sink in.”

You can read the full article here.

Startups for the Rest of Us...
If you're trying to grow your startup you've come to the right place. I'm a serial web entrepreneur here to share what I've learned in my 11 years as a self-funded startup founder. Luckily several thousand people have decided to stick around and join the conversation.

For more on why you should read this blog, go here.