135 karma · joined January 17, 2017
But in seeing all these $50/60K salaries on here, I guess what I'm wondering is I'd happily pay a fixed retainer of say $25K a year for 10-15 hours of work per week. I don't have enough work to keep a $60K a year developer busy, but I could keep a part of one busy all year and make a commitment to pay at least $X / year.
Maybe I'd have better luck hiring someone full time for $50k, and just fill the pipeline? Would love any thoughts on best moves here.
Seems like we are missing the whole potential of the digital (infinitely scalable one to many lectures) by constantly reinventing the wheel.
To be clear and in response to other comment, you can't expect everybody to be rational. In my first mock negotiation in that class I got completely hosed. Turns out I totally trusted the other party not to lie. Lesson learned from the b-school *holes.... Part of the class was you have to know your own biases and anticipate some of the other counterparty's.
I did the math and realized that I had "enough"; anything more would just be working to enlarge my kids inheritance. So there was nothing really stopping me except peer pressure. Given that cultural pressure, it was one of the hardest things I've ever done, and all my peers were simultaneously jealous and incredulous.
On the risk, I think you are really over-weighting the downside scenarios. I realized that given my track record and resume, in the worse case scenario I could always "get a job" if things didn't work out. You will never starve.
And if you are bootstrapping something with low capital costs, you will be able to monitor and see in advance if it's working or not. The decision is not binary. You get to adjust as you go!
An opinion piece is kind of like a Medium post- the view of an author with a clear point of view. Often explicitly by someone in the field or with an "axe to grind". This is a feature not a bug. They are giving experts a forum for debate.
An "article" should be more neutral, more widely sourced, and reports the opinions of others vs the author. (It goes without saying that this is clearly messy and you can't remove all bias.)
I see this frustration about "opinionated articles" incredibley often in critiques of opinion pieces in major newspapers and I can only assume that is because "how to read a newspaper" is a skill which is not taught and also because the web with its direct links makes identifying the differences harder.
The clue here that this is an opinion piece is the "Review" section of the NYT, and the identifying bio at the end about the author.
I tell you this just to help you understand what you describe. But in my observations of failure modes in business, it is rarely because one follows the wrong analysis, but more because most are unwilling to make any changes unless confronted with overwhelming evidence. (And that hurdle always gets higher no matter how much evidence you give.)
I did note that many of my peers where COMPLETELY freaked out by my decision that I mentioned above. My choice to step back from the game freaked them out. No over aggression but a mix of outright confusion as well as somewhat confused jealousy.