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Craftsmanship – The Alternative to the Four Hour Work Week Mindset (2018)

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Re: Craftsmanship – The Alternative to the Four Hour Work Week Mindset (2018)

#21
post #5

Appreciate the content, but not sure that "craftsmanship" is what is needed, it's a "generalist" approach rather than "specialist" that entrepreneurs need. Craftsmanship is about a dedication to a single activity, so a master cabinet maker, or a Wall St quant, or a "rock star" programmer (titles may vary).

Well capitalism is about arbitrage, so yeah you can buy low and sell high somewhere else. Problem with that is everyone does it and there's no market differentiation.

I absolutely think you need craftsmanship. If you don't have it you have to pay for it or find someone who does. If you open a restaurant you need a chef if you release music you need a singer if you write code you need some developer to give you an edge.

You can be some generalist who's good at raising money and coding at the same time to save some pennies or you can be really good at raising money and hire someone to deal with the coding. The second is way more likely to succeed. Not to mention you can usually tell what startups will succeed by one simple test. Walk around their shop after hours and on the weekend, the ones that will succeed have people (persons) working after hours. At least, that's one way of telling.

So there is no avoiding your craft if you build a product. Yes you can be generalist in your approach and solve general problems but to build a big enough box to catch everyone you have to be very, very good at building boxes.

The alternative is to constantly raise as much money as possible and hire everyone under the sun but eventually you will run up against a wall. If you can raise Series A B C D E F H ad infinitum rounds and become the next Uber sure you can hire "generalist" programmers who only know algorithms and nothing domain specific or technology specific but then you are just shifting the problem... Instead of guy who has 30 years of C++ you hire guy (or girl) who can raise so many money bags your company takes over the world.

So you always need craftsmanship of some kind and the less you have the more money you need (which is a craft itself).

Re: Craftsmanship – The Alternative to the Four Hour Work Week Mindset (2018)

#22

I guess if we're going to discuss this article again, I should get to say my piece about it again: > To lounge on a beach or travel the world and not actively engage in building your arsenal of expertise is professional malpractice. I've seen this thought expressed before in writing about Startups. If you're not burning your life down 24/7 in the struggle to make it Big, you're doing it wrong. But that's silly. The e…

Balance and sustainability are so important. Do you mind sharing the name/url of your SaaS business?

Click on his username: https://news.ycombinator.com/user?id=jasonkester

Many of his older comments about SaaS, freedom and business are gold.

Re: Craftsmanship – The Alternative to the Four Hour Work Week Mindset (2018)

#23

becoming a craftsman and getting to the 99th percentile has major trade offs. In order to survive as a business you need to create value and capture the market faster than your competition can. To do that you need to do more than your craft . You have to operate a business or you’ll get swallowed up by competition who doesn’t follow your mantra. I also believe the cheapification of so much of society and the shallown…

If you want authentic and high quality you need craft.

If you're not building a lifestyle business you need craft to operate as a business.

Who do you really think has a chance at success the guy who works 4 hours a week or the guy who puts time in their work?

You need more but you need different kinds. There's no way to avoid the work, and you got to be good at the work to get anywhere. Marketing is a craft so is sales so is raising money so is writing. There's no way around it and "4 week work week" is probably more applicable to the time of dropshipping, blogging, affiliate marketing and other lifestyle business than anything concerned with "time to market".

Ignore craft at your own peril (cannot go anywhere without a very experienced CTO).

Re: Craftsmanship – The Alternative to the Four Hour Work Week Mindset (2018)

#24

I guess if we're going to discuss this article again, I should get to say my piece about it again: > To lounge on a beach or travel the world and not actively engage in building your arsenal of expertise is professional malpractice. I've seen this thought expressed before in writing about Startups. If you're not burning your life down 24/7 in the struggle to make it Big, you're doing it wrong. But that's silly. The e…

This is a way. But you still focused on craft. You just took much longer to do it and in smaller chunks. Also you probably underestimate your own skill or have some perfect combination of skills to makeup for lack of focus.

It's possible that for most people your way wouldn't work and the alternative way (putting in a lot of time) works better. Also at the start you could not have put in only 4 hours. You put in hundreds if not thousands of hours and only in maintenance mode do you go down to nothing. There's probably time you aren't counting either. All your life led up to that moment and all that.

So I think you and people like you are the exception and saying what the OP says is much more realistic and widely applicable. It's simply not possible to get where you want to go without putting in time (talent luck market and perseeverence could lower time to near zero but that's the exception).

Re: Craftsmanship – The Alternative to the Four Hour Work Week Mindset (2018)

#25
A question to HN: reading this and other discussions, it seems to me that "craftsmen" are being rated by how good a business they run (or are contributing to). Similarly with the word "professional". I'd like to ask, what then would be the word for a "craftsmen" by rated how good the work is at its purpose (and without the usual cop-out of redefining "good" as value in dollars)?

Optimization for "good work" is only partially aligned with "good business"; frequently, the two are at odds. A good product, in my view, is one that lets the user achieve their goals as efficiently as possible, endures for as long these goals need to be achieved (often lifetime or more), and - after meeting these constraints - is also optimized to minimize the price and use of materials. It's the kind of product that you buy once, are happy about it, and when you no longer need it, give or sell to someone else. It's your grandfather's watch, passed on to you by your parents, and who you'll one day pass on to your kid. It's the furniture you've inherited with the house that remembers World War II, but is still almost as good as new. It's the forever repairable Soviet-era sound amplifiers or irons for clothes. It's the web page your bank had three redesigns and two SPA frameworks ago.

A good "professional" would take a look at one of such products and declare them bad. Overengineered. Because what's "professional", what's good for business, are products that break fast (ensuring recurring revenue) and are as cheap as possible to make. Do they solve 100% of the problems it was supposed to? Doesn't have to, customers don't know that when buying, and when they figure it out, it'll be easier for them to learn to deal with missing part of functionality, or learn to be extra careful around the product, than it'll be for them to spend money on something else. Whatever other defects there may be, we can cheaply cover for with sales&marketing. What a "professional" does is ensures their work makes them (or their employer) maximum amount of money for minimum amount of effort.

So, HN, I'm looking for a word that describes the person, the art, of doing good work and good products, as defined above, in contrast to being a "professional", which I increasingly despise of.

Re: Craftsmanship – The Alternative to the Four Hour Work Week Mindset (2018)

#26
post #23

becoming a craftsman and getting to the 99th percentile has major trade offs. In order to survive as a business you need to create value and capture the market faster than your competition can. To do that you need to do more than your craft . You have to operate a business or you’ll get swallowed up by competition who doesn’t follow your mantra. I also believe the cheapification of so much of society and the shallown…

If you want authentic and high quality you need craft. If you're not building a lifestyle business you need craft to operate as a business. Who do you really think has a chance at success the guy who works 4 hours a week or the guy who puts time in their work? You need more but you need different kinds. There's no way to avoid the work, and you got to be good at the work to get anywhere. Marketing is a craft so is sa…

I don't see why you think the "4 hours a week guy" doesn't have a chance at success.

Presumably, his definition of success is building a business that can be run in 4 hours a week while making enough money to fund his desired lifestyle.

So if he managed to do that, he's already successful.

I don't get this contempt for lifestyle businesses.

Re: Craftsmanship – The Alternative to the Four Hour Work Week Mindset (2018)

#27

A question to HN: reading this and other discussions, it seems to me that "craftsmen" are being rated by how good a business they run (or are contributing to). Similarly with the word "professional". I'd like to ask, what then would be the word for a "craftsmen" by rated how good the work is at its purpose (and without the usual cop-out of redefining "good" as value in dollars)? Optimization for "good work" is only p…

Perhaps "artisan", although in practice I don't think there is a single word. Instead, people tend to use the domain-specific term for whatever type of true craftsman they are referring to. "Welder" "Machinist" "Watchmaker" "Tailor" "Woodworker" etc.

Also as an aside, I think the whole "craft" term was co-opted by people who wanted to cash in on the perception of quality and care when really they just wanted better small business margins. It used to mean something more.

Re: Craftsmanship – The Alternative to the Four Hour Work Week Mindset (2018)

#28
"4 hours work week" mindset and a craftsman mindset are not at odds with each other.

If you can build a business that you can maintain in four hours a week while generating enough profit to pay the bills, why not?

That would free up a lot of time that you can then spend pursuing interests that are unlikely to ever pay the bills (mathematics, music, painting, creative writing, whatever).

If your business is a means to that end, are you still a hack or are you a craftsman?

This disdain for lifestyle businesses is absurd. It's both sad and gross that some people are unable to see that it's possible to have ambition that is not tied to making money. A lifestyle business can give you an experience similar to that of being independently wealthy.

It might be hard for some to imagine, but not everyone is an Elon Musk wannabe, there are people who see building a business as a means to an end, not an end in itself.

I understand that he didn't address the scenario I propose, presumably because he can't even conceive of it, but I don't get the traveling the world criticism either.

I mean, I myself am very critical of the digital nomad lifestyle, but "Spending time on something that you find enjoyable is professional malpractice" is not among my list of criticisms.

Re: Craftsmanship – The Alternative to the Four Hour Work Week Mindset (2018)

#29

A question to HN: reading this and other discussions, it seems to me that "craftsmen" are being rated by how good a business they run (or are contributing to). Similarly with the word "professional". I'd like to ask, what then would be the word for a "craftsmen" by rated how good the work is at its purpose (and without the usual cop-out of redefining "good" as value in dollars)? Optimization for "good work" is only p…

You've built a false dichotomy between over-engineering and planned obsolescence. Outside of a few cases you can still buy the watch that will last 60 years or the amp that will last 20.

The problem is that most people don't want to pay $2k for an amp when it's only benefit over a $400 one is that it'll work 16 more years. Most folks don't care to buy a $400 watch when you can get a nice one for $40. And, a lot more folks can afford watches and amps these days as a result.

Re: Craftsmanship – The Alternative to the Four Hour Work Week Mindset (2018)

#30

becoming a craftsman and getting to the 99th percentile has major trade offs. In order to survive as a business you need to create value and capture the market faster than your competition can. To do that you need to do more than your craft . You have to operate a business or you’ll get swallowed up by competition who doesn’t follow your mantra. I also believe the cheapification of so much of society and the shallown…

I'm going to bring up a concept that you might not have considered called 'break-even'. And perhaps one called 'never run out of cash' ;)

You've got a fundamental error in your reasoning here. To a craftsman, the market is _irrelevant_. They cannot necessarily scale anyhow. To a craftsman (I know what I'm talking about as I run a Patreon-based open source business along just these lines) the only thing that matters is cash flow and whether you've got your own clientele doing enough business with you to keep the doors open.

You're certainly still creating value, and operating a business just as much as publically held companies, but the market is irrelevant to you and you may even benefit from repudiating the market and claiming you're not confined by its expectations (I do this, quite successfully).

It is still possible to be killed by competition doing this, but only through illegal acts (such as buying your building and kicking you out, or colluding with all your suppliers and making them refuse to sell to you, or killing you outright). If you aren't publically held and you have a clientele that you can service, you cannot get swallowed up by competition no matter what they do: in fact, it's possible to manipulate hostile actions by a larger competitor to your own benefit, by crying foul or claiming they are trying to eradicate a superior option.

These things are, yes, more than 'your craft', but they're completely realistic. I've run Airwindows for over ten years in a really nasty industry along these lines, and as long as I stayed over break-even (or hung in there through lean times!) I ended up just fine :)

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