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A Conversation with Paul Graham [video]

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Re: A Conversation with Paul Graham [video]

#41

Earlier quoted context omitted.

Sales is grim work for introverts, you can do it but if it's most of what you are doing then you need to question what the point of it is.

This seems to be the issue with me. I am more like 'laptop' guy who is rather good in researching. I am also keen on observing things. But sales stuffs, cold calling give me chills. How do I overcome it?

Don't start a business where you have to cold call people, play to your strengths.

Re: A Conversation with Paul Graham [video]

#42
post #28

Earlier quoted context omitted.

Cryptocurrency, obvs.

I actually once offered some guy in India $100 to summarize a list of articles of for me. Sending the money internationally was by far the biggest pain point. So yeah, cryptocurrency could be the key ingredient that makes this idea work.

Sending money internationally is very easy. Sending money to countries with capital controls is a hustle.

Re: A Conversation with Paul Graham [video]

#43

Earlier quoted context omitted.

For popular, public content, you could split the price amongst many buyers, like Kickstarter.

I wish I could do this with subtitles! I hate waiting years for subtitles to TV series and obscure movies to become available. Ones in European languages mostly e.g. Cordon season 2 has been out for years, no English subs available. Latest season of Rita , out for a year, no English subs. The Colombian Ugly Betty , impossible to find many years later. I waited a couple of years for the latest season of Engrenages etc…

That already exists in a more private form, on sites specialized in smaller movies there’s usually a “subtitle pot” where people can donate their points / upload credit and the person who does the subtitles then receives that bounty once work is done. Usually they leak out to the rest of the internet pretty quickly after that.

Re: A Conversation with Paul Graham [video]

#44

Earlier quoted context omitted.

Sales is grim work for introverts, you can do it but if it's most of what you are doing then you need to question what the point of it is.

This seems to be the issue with me. I am more like 'laptop' guy who is rather good in researching. I am also keen on observing things. But sales stuffs, cold calling give me chills. How do I overcome it?

Meet customers in-person at trade shows or festivals things where you aren’t inturrupting them

Re: A Conversation with Paul Graham [video]

#46
post #42

Earlier quoted context omitted.

I actually once offered some guy in India $100 to summarize a list of articles of for me. Sending the money internationally was by far the biggest pain point. So yeah, cryptocurrency could be the key ingredient that makes this idea work.

Sending money internationally is very easy. Sending money to countries with capital controls is a hustle.

It’s easy, but leaky in terms of fees and delays as compared to US-to-US transfers. When I send money to EU hobbyists, it’s often 3 days and ~10% eaten up by fees.

Re: A Conversation with Paul Graham [video]

#47
post #42

Earlier quoted context omitted.

Sending money internationally is very easy. Sending money to countries with capital controls is a hustle.

It’s easy, but leaky in terms of fees and delays as compared to US-to-US transfers. When I send money to EU hobbyists, it’s often 3 days and ~10% eaten up by fees.

There are gateways like PayPal (which is why it skyrocketed in the first place). So you send $100 PayPal and he gets $100. He then goes and spend his full money to buy something online without any other fees.

Re: A Conversation with Paul Graham [video]

#48
post #47

Earlier quoted context omitted.

It’s easy, but leaky in terms of fees and delays as compared to US-to-US transfers. When I send money to EU hobbyists, it’s often 3 days and ~10% eaten up by fees.

There are gateways like PayPal (which is why it skyrocketed in the first place). So you send $100 PayPal and he gets $100. He then goes and spend his full money to buy something online without any other fees.

The problem is most people have a bank account in their local currency, so PayPal is in their local currency and takes several bites at the apple before passing the core to the recipient.

People doing an hour of work online for a few bucks are likely interested in buying something locally rather than spending $100US on something online.

Re: A Conversation with Paul Graham [video]

#50

Earlier quoted context omitted.

How much are you all willing to bid? I'll do it for $10. That's cheaper than any AI on the market.

Startup idea: "Summarize it for me" - Upload any document/video/url and pay $x for the cliffsnotes.

You're 5 years late - fiverr and MTurk ate your lunch.
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