We examine the HI-based star formation efficiency (SFE_HI), the ratio of star formation rate to the atomic Hydrogen (HI) mass, in the context of a constant stability star-forming disk model. Our observations of HI-selected galaxies show SFE to be fairly constant (log SFE_HI = -9.65 yr-1 with a dispersion of 0.3 dex) across ~5 orders of magnitude in stellar masses. We present a model to account for this result, whose main principle is that the gas within galaxies forms a uniform stability disk and that stars form within the molecular gas in this disk. We test t