What It's About
Do some efforts drive most returns—and if so, how do we find those efforts?
Notes from Chris
Episode 3027
Not all efforts in a business are created equal—some products, strategies, or clients will generate the majority of your success, while others barely make an impact. This uneven distribution is known as the power law, and understanding it can help you work smarter, not harder. Today’s question comes from Vanessa in Toronto, who wants to know how to identify the most valuable parts of her side hustle and cut what’s not working. Let’s dive into how power laws shape side hustle success—and how to use them to your advantage."Hi Chris, this is Vanessa from Toronto. I recently came across the term ‘power laws’ in relation to side hustles and small businesses. From what I understand, it means that a small percentage of efforts or products often generate the majority of results or income. I’m curious—how does this concept apply in real life, and how can I identify which parts of my side hustle are worth doubling down on versus the ones I should let go?"Listen to today's episode to learn more...
SEE ALSO:
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- Role-Playing Pastor Rolls The Dice On $2800/Month Hustle: Listener success story! This Presbyterian minister turns to his lifelong interest in role-playing games to set up a sustainable second income source.
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