110 karma · joined May 27, 2010
I saw a comment in this thread about syntax highlighting and that's kinda correct, it's like having syntax highlighting in your inner eye.
I don't focus on it that much when I read, it's subtle but I think it helps me remember things and associate things in my mind. I also sometime visualize words in my mind (like one word at a time subtitles) when people talk to me and i see the colors then too. The first letter of the word usually has more influence on the overall "color" of the word than the other letters in the word.
He's young and making mistakes, but if he operates on a long time horizon I think he's doing pretty good. He realizes the he needs to research a market before creating a product (customers own the problem, you own the solution).
His mistake here is that he's angry about YC (which is unjustified, they were right to deny him) so he wants to make an "incubator". That's probably not a good idea, but he's only 20 so has plenty of time to fail more.
I think he knows what to do though. Research an idea first before building. So, the smart thing to do would be to find a vertical that intrigues him and start engaging with people in that industry trying to identify problems they may they need solving. B2B (specifically B2SmallB) is always easier than B2C for a solo founder.
Despite it being a satire and taking capital allocation and tax avoidance to absurd extremes it actually imparted on me a better appreciation of what it is to run a business from a finance perspective (I have a software background and find myself too focused on product at the expense of focusing on the entire business)
I also recently read The Outsiders, that new book about 8 CEOs that are great at capital allocation and created incredibly high returns for shareholders. The Outsiders is almost like a real life serious version of JR.
I'm looking for some feedback on it:
Do you find it useful?
Are there features you'd like to add?
Are there other products that do a better job of this?
All the budget data is stored in localStorage, nothing is being tracked, there's no server just a backbone app on S3.
Thanks!
Do you know if there's one time setup forms I need to file for employment at the federal level, like forms to tell the IRS that you now have an employee or register as an employer. Or do you just start paying payroll taxes each quarter?
I uploaded a copy to my s3 bucket: https://www.mindlessflash.com/FormulaCalc.wdgt.zip remove the .zip extension before opening on it.