418 karma · joined December 2, 2010
2) Read about marketing people with technical skills to understand what they do. Decent but dated example: http://okdork.com/2010/10/14/how-mint-beat-wesabe/ Many other examples blur lines too (patio11, SEOMoz, etc)
3) Couldn't tell if they had investors but that might be a source too. As hackers can find hackers, I bet investors can find marketers.
4) Find a successful competitor who filled the position. Write a job description based on that person's bio.
5) Consider trying out a contractor or consultant first. If having that person in the office would destroy culture, maybe you don't need them.
Made me wonder what would happen to volume if markets were open 24/7...but I'll leave that thought for another day.
In a quick Google search, it seems circuit breakers do not kick in for first 15 minutes of trading: http://www.nytimes.com/2012/08/02/business/unusual-volume-ro...
I imagine the people best able to predict my next purchase issued my debit card, no?
1) Pay can be high with win/lose stakes
2) Different pay models (contingency)
Good luck!
"Buffett generally reads five newspapers a day -- the Journal, the Financial Times, the New York Times, USA Today and the Omaha World-Herald. Make that six -- he reads the American Banker every day too."
That said, most people will not be able to replicate.
There are many more complicated systems, but this one was very difficult to game.
My two cents: Remember contracting is a decent bridge / fallback; maintain corporate relationships.
Get a revenue problem - multiple friends failed by obsessing over business structure.
Change attitude on risk/analysis; corporate often analyzes how things can fail while many successful entrepreneurs take uncertain gambles and pivot.
Why started: 1) Age: Start now or never 2) Independence: Prove I could scratch out my own living 3) HN: Seemed possible
Happiest: 1) Any "go live" part of projects 2) First inbound wire transfer 3) Meeting interesting people and so much free help 4) Running errands mid-day without crowds 5) Being available for family 6) Realizing survived a year; feels like experiment worked
If kids see how math is needed to trade in Chicago, to gamble in Vegas, to optimize at Google or to solve the German tank problem kids will want to know more.
I remember every guest speaker in K-12 math classes -- only about one per year. And I'm probably exposed to more math from HN links than I was as a non-technical undergrad.
According to WSJ, the unemployment rate for computer programmers (5.7%) is much lower than many professions, such as construction workers (~20%).
According to BLS, the unemployment rate for college grads is 5.4%; for Master's is 4%.
Sources: http://online.wsj.com/article/SB1000142405274870379190457607... http://www.bls.gov/emp/ep_chart_001.htm
Most helpful book to me has been the Gallup research detailed in "12" or "First Break All The Rules". Important piece is the twelve principles of job satisfaction/performance: your employees know what's expected of them, have tools to do their job, have a buddy at work, etc.
Could also try Harvard Business Reviews on Leadership. Example: http://www.amazon.com/HBRs-Must-Reads-Leadership-ebook/dp/B0...
Or blogs: http://www.realsoftwaredevelopment.com/the-one-minute-softwa...
FWIW, in Corporate America the most people I managed was 4 contractors. I'm aware of an entrepreneur in another state who has ramped to 500+ employees in less than a year.. that's way too fast for my style.
If I have ambition after that I've got a few quick ideas (a short e-book on an area I've developed expertise, an obscure niche how-to site, fixing up my rental property, etc).