Development is a crucial stage for the success of just about anything, and is often mathematically described using a sigmoid curve. The development of a technology is the most common example of something that follows this pattern. A new technology will stumble out of the gate slowly, but eventually reaches a turning point, which accelerates…
Month: March 2014
The Pareto Principle and How it can Apply to Life as a Student (and beyond)
In 1906, Italian economist Vilfredo Pareto was taking a leisurely stroll in his garden. He was examining his pea plants, and he noticed a pattern: 20% of the pea pods contained 80% of the peas. He developed a mathematical model for this pattern, and he produced what is now known as the Pareto Principle, or…
Fall in Love with the Process, not the Product
An issue that I see at university is that many students are pursuing a career that is not the right fit for them, and by that I mean that they’re misled as far as the character required for that particular career. Ask any first year science student what they want to be, and most will…