Amazon has about 1,608,000 employees.

Estimated reading time: 2 minutes

But just 1,269 of them do HALF the work.

Just ask Derek Price.

Derek Price analyzed an abundance of research and found that within a company, half of the work is done by the square root of the total number of people - Price’s Law.

With a small company of 25, it’s no big deal that 5 people are doing half the work - it’s expected.
Those 5 are your executives and directors who SHOULD be doing more. employees

But scale up to 10,000 people and it’s 1% doing 50% of the work.

By the time you reach Amazon, it’s entirely out of control.

While a company is small it has:

✅ Less operational drag
✅ More cohesive teams
✅ A more efficient budget
✅ And the ability to innovate MUCH faster

Small companies actually have an ADVANTAGE over bigger companies,
Not the other way around. employees

--
🔔 Follow Brian on Linkedin: Brian Pillmore

#BigBusiness

#SmallBusiness

#speed

• Banking is the simplest business in the world.<br>“Before the quarter starts, you know where 90% of your income is coming from.<br>All you have to do is get the final 10% right.”
• “Starting a bank” was never on my to-do list.
• Success in banking doesn’t come from hitting home runs.
• Community Banks rely too much on Sneaker-ware, Not enough on Software.
• How much tech do you need to know to start a tech company?