Axiom 22: The Law of Parsimony
The final axiom in Steve's e-commerce axioms series: embrace the simplest, most economical solution when the outcome is comparable. Why parsimony isn't the same as being cheap.
Steve Simonson
On-air link:awesomers.com/237
Show notes
Closing out the axioms mini-series, Steve explains axiom twenty-two: the law of parsimony, or choosing the simpler, more economical solution when two options produce comparable results.
He ties it to Occam's razor and a travel story where a team member took "cheap" too literally, making the case that parsimony is about maximizing value and ROI, not just minimizing cost.
For entrepreneurs making purchasing, forecasting, or operational decisions who want a decision-making principle to lean on.