198 karma · joined August 31, 2007
Comments should get more thoughtful and substantive, not less, as a topic gets more divisive.
Please don't post shallow dismissals, especially of other people's work. A good critical comment teaches us something.
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Id like you to consider what is the true value-add here not from the perspective of getting paying customers, but from the perspective of the final end customer (the reader). Putting more low quality ai-generated content on the web degrades the experience.
Its nice when you can buy $60/bushel wheat. Its not so nice when your dealer cuts you off.
The extra $40/bushel you pay to produce in-house, thats your insurance policy against having your supplies cut off. In a world where geopolitical lines are shifting, it's a matter of national security and optionality to have your own food production capacity. Risk management.
- You need to learn more about the value proposition of your product so you can best align price with value. If your product saves me $1m/year, that will have very difference pricing than if it saved me $100/year
- If adoption is what you're optimizing for, I'd be in favor of having a completely free tier (even free of transaction costs) up to a certain level, then billing turns on after you reach that threshold. This means customers invest in wiring into your product because it makes them money. By the time they reach the billable threshold, they already see the value prop and happily pay instead of rewiring everything to a new platform.
- If early revenue is what you're optimizing for, start charging immediately to get some intelligence about what customers are willing to pay. If you get some early customers on an underpriced version, thats fine. Grandfather them in under goodwill (for now) and adjust the pricing for net new customers.
My question is, “Why do you care what other people spend money on?”
So yes, there is coverage of the stock market, but it is a very narrow slice of the pie when you're talking about an entry level personal finance class.
Hope this helps.
In the US, If you can get 500k from friends and family, you can buy a $5m company with a strong balance sheet and strong cash flow. It will give you a live Petri dish to test your ideas on how to do things better.
My advice: Get them in a room, co-located, with a clear directive. Standups and retros can and should happen organically if we're talking about 2-3 people (or even 6). Thats a small enough group of people such that they can actually talk to each other throughout the day (think about how startup engineering works... 5-7 people, at a table, coding, talking whiteboarding, testing, deploying concurrently, beautiful mess style.
It's not clear the real problem you're trying to solve.
The purpose of Scrum is to highlight issues and bottlenecks in the 'system' so they can be addressed.
"Wide skill variances in team members skillsets" is one such problem, and a fairly common one. One remedy is to drop the dead weight, either through management/hr action or natural attrition. Another remedy is to upgrade the skills of the people who are "behind" using the people who are "ahead" as mentors.
- The Consulting Company