The Law of Diminishing Returns: Why Perfection Hurts Productivity
Have ever spent hours tweaking something which was already at a very good standard? Upon reflection was your extra effort and time worth it?
More often than not the pursuit of perfection is the enemy of productivity. At some stage the extra effort returns smaller and smaller benefits.
Instead of chasing perfection, let's chase efficiency.
Law of Diminishing Returns: Perfection v Productivity
The Law of Diminishing Returns means that the more time, effort, or resources you keep putting into something, the less extra benefit you get back.
Have you ever tried to pour concrete? From my experience, the more you try to make it perfectly smooth the worse it gets.
Or, If you spend one hour preparing for a presentation, the quality improves a lot. If you spend two hours, it gets even better. But if you spend ten hours obsessing over small details, the improvement is so small and does not actually change the nature of the presentation.
How to overcome the Inefficiency of Perfectionism
1. Set deadlines to complete tasks. Parkinson’s Law outlines that work expands to the time given.
SET a limit → finish faster → move on.
2. Craig Groeschel has a saying GETMO (Good Enough to Move On). When working on a task ask yourself "is this good enough to move on?"
"The pursuit of excellence will motivate you, but the pursuit of perfection will eventually limit you." - Craig Groeschel
3. Identify the big tasks that create the most impact. See my blog on "Creating the Big 3"
Caveat
There is a caveat to this. If you're a surgeon, please aim for perfection. If you're bridge engineer, please don't think "close enough is good enough".
Conclusion
Remember perfection is the enemy of productivity.
GETMO isn’t about being sloppy — it’s about being strategic.
Next time you’re tempted to over-polish, ask yourself — is this good enough to move on?
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