Are you a perfectionist who works endlessly on a task, believing that one more edit, resource or minute will improve it? Leon Ho, founder and CEO of LifeHack, borrows a rule of thumb from the field of economics to help you decide when good enough is good enough. Stop striving for flawlessness, he says, because once you pass the point of diminishing returns, the cost of the work you inject into a project exceeds the return on investment. Learn to apply the law of diminishing returns to your advantage so you don’t needlessly spin your wheels.
About the Author
Leon Ho, founder and CEO of Lifehack, launched the website in 2005 to offer simple productivity tips to readers. The website attracts more than 12 million readers each month and covers a wide range of topics, including work, parenting, relationships, and more.