61–65 of 65 posts
Earlier quoted context omitted.
I didn't have a plan and things have been going great so far. So it's a little different when you're not in a zero-sum adversarial situation like a boxing ring.
Thank you for your one data point.
Not to down play the usefulness of this, but be careful not to follow others ideas that your ultimate goal in life is X career plan. I have more of a "life plan" than a "career plan" since money and hacks/resourcefulness is pretty easy to the HN crowd relative to many other groups. Especially in the west, it takes talent to starve here. A work/life balance is what some people enjoy, while others want a work/work or l…
This is a good post. I was just having a discussion with someone on HN who considered $200k pre-tax to be affluent, and suggested that if you couldn't save $80k post-tax annually, you're doing it wrong. Having lived at $30k, $200k, and now more, I know that $200k isn't as lofty as it sounds. The dollars never seem long enough. It's all about living a life worth living. Part of that is buying time by paying for servic…
It is very rare to hear of anyone who successfully sold an IP portfolio, and I'm guessing you were either the inventor, or the overall price was quite high for you to get such a large amount for selling them.
Do you assist people to sell their IP today?
Not to down play the usefulness of this, but be careful not to follow others ideas that your ultimate goal in life is X career plan. I have more of a "life plan" than a "career plan" since money and hacks/resourcefulness is pretty easy to the HN crowd relative to many other groups. Especially in the west, it takes talent to starve here. A work/life balance is what some people enjoy, while others want a work/work or l…
This is a good post. I was just having a discussion with someone on HN who considered $200k pre-tax to be affluent, and suggested that if you couldn't save $80k post-tax annually, you're doing it wrong. Having lived at $30k, $200k, and now more, I know that $200k isn't as lofty as it sounds. The dollars never seem long enough. It's all about living a life worth living. Part of that is buying time by paying for servic…
It is very rare to hear of anyone who successfully sold an IP portfolio, and I'm guessing you were either the inventor, or the overall price was quite high for you to get such s large amount for selling them.
Do you assist people to sell their IP today?
I can't help but feel career plans, even inherently flexible ones such as the 80000 hour plan, discourage serendipity and encourage sunk-cost thinking. I'm not saying this is a bad idea, just that for the specific HackerNews demographic it may be a bit of an anti-pattern.
Related question, what's the opposite of sunk cost / escalation of commitment? In this context, your comment made me think about the counter point, i.e. "I'll be able to make that decision later". Is there a name for procrastination bias?
Earlier quoted context omitted.
This is a good post. I was just having a discussion with someone on HN who considered $200k pre-tax to be affluent, and suggested that if you couldn't save $80k post-tax annually, you're doing it wrong. Having lived at $30k, $200k, and now more, I know that $200k isn't as lofty as it sounds. The dollars never seem long enough. It's all about living a life worth living. Part of that is buying time by paying for servic…
I'm curious about your experience selling patents. Are you an attorney or the founder of a startup? It is very rare to hear of anyone who successfully sold an IP portfolio, and I'm guessing you were either the inventor, or the overall price was quite high for you to get such a large amount for selling them. Do you assist people to sell their IP today?