The Art of Thinking Long-Term Even When Money Is Running Out
medium.dave-bailey.com
The Art of Thinking Long-Term Even When Money Is Running Out
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Re: The Art of Thinking Long-Term Even When Money Is Running Out
#2down for me
Re: The Art of Thinking Long-Term Even When Money Is Running Out
#3"Developing new features versus refactoring existing code"
I like to do minor refactoring as part of any given new feature (even if unrelated). It helps take bites out of the larger pieces over time.
"Tolerating a bad employee versus firing and rehiring"
Inversely this also gets into something I often see where companies sit and wait for the best possible candidate (everyone claims to hire the best...) and so rather than hire and try people out they take a long time and hire someone and hiring being a non exact science.... doesn't work out. Maybe people need to try folks out, even maybe the person who doesn't have every bit of alphabet soup on their resume?
Re: The Art of Thinking Long-Term Even When Money Is Running Out
#4I was under a lot of pressure to increase sales. To boost the next month’s sales, I pushed the button on a big marketing campaign in which we reached out to a hundred potential clients with a time-limited promotion. The results were disappointing. [..] I realised that sales are about relationships
3) Tolerating a bad employee versus firing and rehiring. There is always a short-term reason not to fire someone who’s underperforming
Soooo you encouraged the board to fire you and hire someone who understands sales already, yes? And/or you understand that underperforming can lead to learning which can improve performing which you tolerate in yourself, so you tolerate in your employees, yes?
Re: The Art of Thinking Long-Term Even When Money Is Running Out
#5"Developing new features versus refactoring existing code" I like to do minor refactoring as part of any given new feature (even if unrelated). It helps take bites out of the larger pieces over time. "Tolerating a bad employee versus firing and rehiring" Inversely this also gets into something I often see where companies sit and wait for the best possible candidate (everyone claims to hire the best...) and so rather…
There's a stigma that offering a candidate a 3-month temporary offer (or any such short time length) will make them not want to accept. However, I've had success is using temporary employment as a great way to figure out if the candidates would work out or not.
Re: The Art of Thinking Long-Term Even When Money Is Running Out
#6I was under a lot of pressure to increase sales. To boost the next month’s sales, I pushed the button on a big marketing campaign in which we reached out to a hundred potential clients with a time-limited promotion. The results were disappointing. [..] I realised that sales are about relationships 3) Tolerating a bad employee versus firing and rehiring. There is always a short-term reason not to fire someone who’s un…
I don't think that a bad employee is someone that lacks experience. The article is not so clear on that point but I don't think it is what the author meant... That said, in my opinion, a bad employee is someone that gains nothing from experience and that is not going forward, and this can easily be detected after some time.
Re: The Art of Thinking Long-Term Even When Money Is Running Out
#7"Developing new features versus refactoring existing code" I like to do minor refactoring as part of any given new feature (even if unrelated). It helps take bites out of the larger pieces over time. "Tolerating a bad employee versus firing and rehiring" Inversely this also gets into something I often see where companies sit and wait for the best possible candidate (everyone claims to hire the best...) and so rather…
There's a stigma that offering a candidate a 3-month temporary offer (or any such short time length) will make them not want to accept. However, I've had success is using temporary employment as a great way to figure out if the candidates would work out or not.
Main issue is not for the company, but the candidate. If he is a senior developer currently working elsewhere and you are trying to convince him to join, a 3 month temporary offer is a hard sell.
Re: The Art of Thinking Long-Term Even When Money Is Running Out
#8I was under a lot of pressure to increase sales. To boost the next month’s sales, I pushed the button on a big marketing campaign in which we reached out to a hundred potential clients with a time-limited promotion. The results were disappointing. [..] I realised that sales are about relationships 3) Tolerating a bad employee versus firing and rehiring. There is always a short-term reason not to fire someone who’s un…
Are you saying that this guy should fall on his sword because he messed up once (and learned from it)? Or that, having messed up once, he's obviously not qualified to make firing decisions? I'm failing to find a charitable interpretation here that makes any sense at all.
Bad employees fail often, never try anything outside their comfort zone, and don't learn from their mistakes or take responsibility for anything. He didn't give an in-depth version of what he considered a bad employee to be, but it's fairly obviously implied by "not pulling their weight" to the degree that they eventually demotivate the rest of the team.
Re: The Art of Thinking Long-Term Even When Money Is Running Out
#9Earlier quoted context omitted.
There's a stigma that offering a candidate a 3-month temporary offer (or any such short time length) will make them not want to accept. However, I've had success is using temporary employment as a great way to figure out if the candidates would work out or not.
Main issue is not for the company, but the candidate. If he is a senior developer currently working elsewhere and you are trying to convince him to join, a 3 month temporary offer is a hard sell.
Yeah, not a chance I'd leave my current job for that kind of instability.
Re: The Art of Thinking Long-Term Even When Money Is Running Out
#10I was under a lot of pressure to increase sales. To boost the next month’s sales, I pushed the button on a big marketing campaign in which we reached out to a hundred potential clients with a time-limited promotion. The results were disappointing. [..] I realised that sales are about relationships 3) Tolerating a bad employee versus firing and rehiring. There is always a short-term reason not to fire someone who’s un…
Are you saying that this guy should fall on his sword because he messed up once (and learned from it)? Or that, having messed up once, he's obviously not qualified to make firing decisions? I'm failing to find a charitable interpretation here that makes any sense at all. Bad employees fail often, never try anything outside their comfort zone, and don't learn from their mistakes or take responsibility for anything. He…
I wasn't being charitable; but I completely missed that he said "one of my earlier businesses" and read "one of my earlier experiences (in this business)".