526 karma · joined April 12, 2013
Precisely boring holes into the Earth (or other planets!) is critical to humanities survival and expansion. We make hardware and software tools that allow for precise real-time control of borehole construction.
Our tools are used in the Oil and Gas, Geothermal, Plug and Abandonment, and Horizontal Directional Drilling Industries.
We're always hiring: https://www.erdosmiller.com/careers
PS…we’re hiring firmware engineers to bring hardware to life.
Polishing my new Electron app which is a data viewer for the time-series data that my companies products produce.
Spinning up another side project with Tauri/Rust as a background data collector service.
How could the budget possibly be tight if this thing makes $20M a year?
Even at a 5% R&D budget you should be able to hire at-least a couple more devs.
Do you mean to say the whole company makes $20M? If not, what other costs are associated with producing this revenue?
I don’t see any out there that indicates they beat the original idea to the market by way of breached NDA or non-compete.
Why aren’t employees at Apple asking for a piece of their massive cash horde?
If the only thing keeping an employee from asking or demanding they be given some of the companies property is the knowledge that property exists then you probably don’t want them in your company.
Excluding private HR data obviously.
I think anyone who credits stealth mode with their success probably doesn’t realize they would very likely have also been successful without it.
Putting together a team of competent engineers, developers, etc and having them create something meaningful is hard enough as it is. Trying to copy someone else’s tech doesn’t lower the bar all that much.
Is it as simple as having information and experience?
I have read everything on being a carpenter but I have never practiced, so therefore I am “book smart” when it comes to carpentry?
I guess this doesn’t really cut it because when someone claims their “steet smart” as a way to combat feeling inferior to someone else they have credited as “book smart” what they’re really trying to say is that they have knowledge that’s more useful in different situations? Or more practical situations?
The more I think about this the more it seems like claiming to be “street smart” is just saying “hey, I’m smart too, just in a different way” when you’re feeling a bit less than someone.
I have never seen transparency hurt the productivity of these employees. They know they can look and see the big picture any time, they just don’t bother to look:
If you were telling everyone you were broke, asking them to believe in the mission and endure low pay for the cause, and then it leaks out that you have plenty of cash, then yeah, I can see this question coming up.
They ask for clarification, you provide it, and they are that much more effective.
A soldering technician on our team can literally see how we’re doing on cash and collections at any time.
We have company-wide updates 2-4 times a month where we brief all employees on important ongoings for 30 minutes.
I have made the claim in support of transparency before that it matters little if even my competitor would be able to get ahold of my road map as an extreme example of transparency. My forecast is that sure, they might zig or zag a bit differently but the reality is that their road map is already full of the things that they need to build next as well as their best ideas. They are my competitor, and generally they are going to consider their ideas superior to my own, so why would you expect them to change and copy my road map?
At your small size you will benefit from the additional trust and alignment this will bring. You may find yourself delighted in finding that many of your team can see and solve problems that you may have missed.
You can be super secretive to combat the BigCo mentality like Apple when you have the first class problem of being a BigCo.
I am not calling out the previous reply.
I don't understand your point. Isn't there a massive chunk of people who are passionate about "software development and electronics" that make a living off of it?
I am into product development, particularly products that are what I would call “full stack.”
Electronics, firmware, software, and web stack all developed for the product.
I’m in my 30s now and if I had waited until I settled down and had kids I would have been very tempted to make the “safe choice” and missed out on my dream of entrepreneurship.
Atleast, until the kids were out of the house anyways.
Then again I’ve rarely had the discipline to stay put and make a short term sacrifice for long term gain when it comes to my daily work.
It is critically important to me to be fulfilled daily in my work and explore my ideas and passions.
To me, even if I was never financially well off, but I got to pursue my passions and creativity, that would be a life well spent.
Remember, the journey is the reward, not the end.
Disclaimer: I am a college drop out, couldn’t even be patient long enough for that.