“Hofstadter’s law, conceived by the cognitive scientist Douglas Hofstadter, goes like this: any task you’re planning to complete will always take longer than expected – even when Hofstadter’s law is taken into account. Even if you know a project will overrun, and build that knowledge into your planning, it’ll simply overrun your new estimated finish time, too, Hofstadter says. We chronically underestimate the time things take: that’s why Sydney Opera House opened 10 years later than scheduled, and why the new Wembley stadium opened last year, not in 2003, 2005 or 2006, each of which had been, at various points, the predicted completion date. It’s also why the list-makers among us get up each day and make to-do lists that by the same evening will seem laughable, even insane.”
Author Richard Banfield
As CEO, Richard leads Fresh Tilled Soil’s strategic vision. He’s a mentor at TechStars and BluePrintHealth, an advisor and lecturer at the Boston Startup School, and serves on the executive committees of TEDxBoston, the AdClub’s Edge Conference, and Boston Regional Entrepreneurship Week.