421–430 of 741 posts
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People will wail and cry and scream about their freedom being taken from them...
Because it is in fact taking away their freedom
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Smaller trucks are available for those who want them. Most buyers prefer larger trucks.
Where are they? Look at these explicitly 'small trucks': https://www.motortrend.com/news/best-small-trucks/ What am I supposed to search for, small small trucks? Trucks that are actually small? Looking for cheap trucks still delivers large vehicles, just with fewer features: https://www.motortrend.com/news/cheapest-pickup-trucks-frill... I even searched 'smallest trucks' and...guess what. The Honda Ridgeline seems li…
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As I finished writing that comment (and I truly tried to be constructive as the author is young and inexperienced) I remembered another traumatic event of that era. Every order we received was like precious molecules of much needed oxygen. We got this order from one of our resellers (we had about fifty all over the world at the time) for about half a million dollars in product. This needs to be in the right context:…
Maybe the real lesson of the whole thread is to require customers to pay in advance with a non-reversible wire transfer, or at least via an escrow service contingent on delivering the goods. Or alternatively, somehow buy insurance against the customer failing to pay.
Not so easy. This is particularly true as you start to get into higher dollar amounts. Also, it tends to be far more common with international orders than with domestic business. I can say that nearly 100% of our international business was prepaid. Sadly, during the 2008 downturn, all business came to a halt. There were very we places where you could find income that could sustain the prior state of business.
In the case of the the five million dollar contract I mentioned, we did get a $500K deposit with the order. Well, the $500K was spent on components pretty much as soon as it hit the bank, within a week. It's very hard to escape something like what happened in 2008 if all your cash in in a warehouse filled with parts and product you just can't sell.
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This is a really common misconception that buyers have. Just stop and think for a second - put yourself in the dealer's shoes - why do you think the dealer would want cash? No reason. They don't want your cash. A cash buyer is a pain. They want to sell you a loan. The last time I bought a car I offered cash, and they countered with a four-figure discount (on total cost of ownership) if I took part of it as a loan. I…
Yes, and the smart move there is to take the offer and pay it early, which is still stupid on the dealer's part.
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I don't know but maybe one of the factors is that given how cheap microntrollers have become it's not uncommon to use an "overpowered" integrated chip just for ease of development. Suppose that you have to drive some LEDs on a washing machine, do you bother developing some optimized bespoke circuitry with discrete components or do you just slap a ~2$ 100+MHz 32bit Cortex controller that will let you implement all the…
You can also put a 16MHz 8bit which can cost you a few dozens of cents max (Outside of shortage)
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I don't disagree, but there would be a political shitstorm if you tried to take away their trucks.
True. In Florida, 1/3 of trucks are raised so there occupants have to literally climb in. These are commonly adorn with "Trump" and "Don't tread on me" bumper stickers and even massive flags (because you know, big truck means big flag...) I once drove one to move something (the cab/bed being five feet off the ground wasn't as helpful as you'd think \s). The experience was somewhat surreal, like driving in an air traf…
I think a lot of folks underestimate how fabulously complicated it is to fab a chip. Yes, you can diy it in your garage, here's a wonderful implementation. http://sam.zeloof.xyz/first-ic/ But take a look at the specialized tools they used. Heck, think about proper handling of https://en.wikipedia.org/wiki/Hydrofluoric_acid and this is just a simple amp. imagine trying to make something with lots of gates? Making a si…
For years I've been asking: Why does my toothbrush have to connect to bluetooth? Why does my refrigerator twitter? These were always useless mis-features and we can hope some of them can get pared down now with the shortage. Bring back old style dumb appliances!
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I'm sincerely sorry for offending you so badly.
You did not offend me at all. I'm not a kid. I am just offering a mirror from the perspective of someone who has actually lived the kind of thing you are proposing. Look at it a different way: Back then I thought what you are proposing was sensible enough that I spent two million dollars to execute precisely that strategy. I ended-up losing a business that I built over ten years because of that decision at a time whe…
I did intend the comment to be about the dog washing startup that I assumed to be a fairly small business. Not buying the (presumed to be in the 10,000 quantity range) MCUs they needed ahead of time, knowing that they will be the single linchpin chip that there will be no pin-compatible replacement for, is what I found to be ridiculous.
I hope you find that perspective to clarify my intent some.