I Am Your Korean Mom
282. The cost of complexity
Feb 19, 2024
Explore the hidden costs of complexity in business and the impact it has on decision-making. Learn how adding complexity can lead to unforeseen burdens and risks, affecting productivity and focus. Discover the importance of prioritizing personal happiness over following traditional paths to success in business.
16:34
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Quick takeaways
- Underestimating the cost of complexity leads businesses to sink daily.
- Balancing complexity and simplicity in business is crucial for long-term success.
Deep dives
Complexity in Business
The podcast emphasizes the importance of understanding the impact of complexity in business operations. It highlights how adding layers of complexity, while seemingly beneficial, can lead to overwhelming challenges and emotional stress over time. By providing the example of creating multiple products at different price points, the episode illustrates how complexity can increase administrative work and hinder the business's core focus.
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