Is This the New 80/20 Rule?
It's an emerging rule of thumb that suggests that if you get a group of 100 people online then one will create content, 10 will "interact" with it (commenting or offering improvements) and the other 89 will just view it.
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July 20, 2006
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MATT HOMANN
Matthew Homann is a lawyer, mediator, blogger and entrepreneur who’s an innovative and passionate thinker about changing the practice of law in ways that benefit both lawyers and clients.
Described as an “Innovational Speaker,” Matthew shares innovative billing strategies, creative marketing techniques, proven customer-service principles, and cutting-edge ideas from other industries and professions with lawyers to help them tap into their own creative reserves and make dramatic improvements in their businesses and their lives.
Matthew is the founder of LexThink LLC.
Ah, the 80/20 rule. If we're not careful, we'll have the misuse of the 1% rule as much as we misuse the Pareto Principle.
A classic example would be Jason Calacanis paying the top DIGG users to come over to NetScape.
He wants to buy the top 1%. It's like the managers who think that because 20% of the people do 80% of the work, why not fire 80% of your staff.
You can't improve these numbers. That's the beauty of it.
Posted by: Jim Durbin | July 21, 2006 at 08:20 AM
Maybe it is. I think that it depends on one's creativity and how people react to it. If it is the new 80/20 rule then I guess MicroISVs have something to look forward to.
Posted by: Clair Ching | July 21, 2006 at 01:03 AM
I stumbled across your blog while I was doing some online research. These statistics were fascinating but I sincerely hope they're not accurate. I hope that more people will become actively involved in blogging if they're not already.
Posted by: panasianbiz | July 20, 2006 at 07:19 PM