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.

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I'm a full-time Micropreneur based in Fresno, California and I run the Micropreneur Academy, an online learning environment designed to get one-person web startups from zero to launch in four months.

I use the term Micropreneur to describe an entrepreneur who creates the lifestyle of their choice through a portfolio of one-person technology businesses (MicroISVs, SaaS websites, e-commerce sites, etc...).