Passive Promotion

Geoff Snyder is Intoxicated by Possibility

Geoff Snyder is Intoxicated by Possibility

I hope the following passive promotion below gives you insight into my drive, passion, and desire to find the next adventure. The world is full of haven’t stance and maybe I’m a person that can help you or maybe you are a person that can help me. Let’s see what we can do together for the world.

I’m a guy who once spent 5 years as a recording industry executive (only because of sales under my watch for our market that had increased by a mere %10,300+ percent across 6 months and sustained a 93% retention rate for the 4 years in a market established across 20 years), from the school of Hard Knocks.

I’m a guy who somehow followed a technical ‘passion’ and opened a small, multi-office IT consulting firm (which cost me less than $100 to start) on a tropical island that focused on servicing healthcare, legal, and financial verticals and burned it down to the ground because I grew too big, too fast.

If any of the above is of any interest to you, I might be a guy you’d like to connect with.

With that said, my current professional pivot consists of the following: 9AM-5PM Monday thru Friday, 75% of my eggs are in a Technology Read more

The 80/20 Principle

80/20 principle“The best people are always underpaid and the worst people overpaid.” – Richard Koch

Over the years, I’ve found that many people settle for being mediocre at their jobs. According to Richard Koch, author of The 80/20 Principle, mediocrity is rampant. The 80/20 principle is based on statistical analysis that you can measure anything and find that 80 percent of the results are produced by 20 percent of the effort.

Take a look at your current workplace and observe who is or isn’t pulling their weight. If 80 percent of the work is being done by 20 percent of the people, what can you do about it? If you are one of the 20 percent, chances are you are being underpaid. If this is the case, learn as much as possible in your job and start looking to move on. If you aren’t enjoying job enough to provide the company with real value, chances are you are in the nonproductive, unhappy part of the 80/20 equation. In this case, it might also make sense to look elsewhere for work.

Many of us are currently in a very interesting situation. As with any economic cycle, there are upsides and downsides. Currently, most employees are feeling very disengaged at their current workplace. This is why we are going to see a lot of job shifting take place, as well as new entrepreneurial ventures begin. Employers and their management will begin to grow more and more frustrated and will start to ask “why can’t we keep any good help?” – realizing they no longer have the upper hand in today’s job market.

Apply the 80/20 principle to your workforce if you are a business owner. Determine who are the 20 percent “rockstar employees” and compensate them by giving out bonuses for productivity. Productive employees will feel grateful that their performance is acknowledged. If you don’t, someone else will. Next, weed through the 80 percent that are overpaid and don’t pull their weight. The entire value of your business will grow exponentially.