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The Million Dollar Question

sebastianmarshall.com

41–50 of 75 posts

Re: The Million Dollar Question

#41
post #9

Earlier quoted context omitted.

I think you might be misunderstanding the post - or at least interpreting it differently than me. I dont' think it's so much about success as it's about being different. Once you step over the cliff into the unknown there aren't that many people that will follow you. You become a loner, a misfit and a stranger to many people. Your desires, goals and interests drift away from normality, and thus you will eventually fi…

That was a fantastic story; I'm wondering if it was completely true, or just an awesome metaphor? Either way, very nice and rather inspiring! Has that been posted to HN yet? I'd love to see it on the front page! Edit: I submitted it just to be sure ( http://news.ycombinator.com/item?id=2946884 ). I think many will really enjoy it. Cheers!

Thanks for the kind words...

The story is true, but somewhat exaggerated to make it a worthy read.

Re: The Million Dollar Question

#42
post #38

I really liked this post. Sebastian continues to develop his conversational style. Very nice. Asshole consultant inside of me kept nodding early on: "You just don't get it, Sebastian! Charge more!" You see, there's a very sad truth consultants learn early on: it doesn't matter how much you know that can help somebody. All that matters is how much influence you can have. The reason some consultants charge ten times wh…

"If you walk in the door at 10K per day, bet your bottom dollar people are going to listen to you." Maybe. Or maybe they're just executives with enough clout and lack of scruples that they'll spend 10k per day of the company's money to have someone make pretty powerpoint slides in which carefully massaged data "proves" that a certain course of action (that will help the executive's career) is best for the company. An…

You're absolutely correct. I had to generalize to make the point, but you have identified one of the flaws in my generalization.

The other flaw is that the amount doesn't really matter. What matters is the pain that it causes the client. Many large corporations can and do write large checks for consulting that they never intend to follow -- for various reasons. Just because the amount seems big to you doesn't mean it's even noticeable by the client.

But still, rates are a signaling mechanism. Even with higher rates, there's still a lot of careful screening you should do before accepting a client. Assuming you're in that position, of course.

There's a whole school of thought that says that even when clients are playing political games with consultants, it's still possible to have positive influence. But that's completely off the track from the simple point about people accepting advice. People are more likely to accept advice if it is done as part of some reciprocal arrangement or trade. Free advice is mostly worthless.

Re: The Million Dollar Question

#44
post #9

Earlier quoted context omitted.

I think you might be misunderstanding the post - or at least interpreting it differently than me. I dont' think it's so much about success as it's about being different. Once you step over the cliff into the unknown there aren't that many people that will follow you. You become a loner, a misfit and a stranger to many people. Your desires, goals and interests drift away from normality, and thus you will eventually fi…

That's one of the ideas presented, and one that I agree with. That's part of why I think it's important to have people around you who are supportive in general, but also people who have similar goals and dreams. No matter how abnormal you are, there are probably many out there who can relate. But that's only part of the post, and Sebastian seems to indicate that "being different" means not living the idyllic suburban…

Totally agree, the perspective Sebastian has indicates that he really doesn't have a lot of money- this kind of post is just way too immature.

I've done years of world traveling and met so many people that remind me of this guy its uncanny. They like to talk big, but that's about it. From an interview with this guy, question is "what is your profession?" Answer: Entrepreneurship. Current company does technology, engineering, and business processes for a few different high margin fields. Two sets of business cards - one with "General Manager", the other with "CEO"

Oh really? What's your company? Do they have a website? What are the "high margin" fields? You write 8 million word blog posts about crows cawing in Miyagi prefecture but when it comes to what you do it's extremely vague and there's usually a reason for that. The huge numbers are for show and attention. $1k an hour! $40 million! Yeah. Right. Whatever, man.

Re: The Million Dollar Question

#45
post #16

Almost every millionaire I know is married with kids and living in the suburbs. Unless you win the lottery or are a professional skateboarder, becoming rich is more like boring suburban reality than being an international flaneur. (Interestingly, the rich pro skaters I know all live in the suburbs with their kids, too) As someone who has also floated around a lot, even through Japan, it's an interesting lifestyle but…

I don't think he's talking about being rich, although he does reference money a lot. I interpreted the money references as a simple way to keep score (and one deeply ingrained in many cultures).

I think he's talking about the modern entrepreneur. Specifically, the people who are creating new markets, or are disrupting old markets. In order to do that, you need to be different than other people. I think he's saying that separates him from others because the drive for being fundamentally different (not the "color your hair" type, but the "visionary entrepreneur") is at odds with the human need for commiseration or comparability.

Re: The Million Dollar Question

#46
Holy shit, yes. But you don't even have to talk about the kind of skywalking he's engaged in. Anyone from a blue-collar or lower-class background who does non-manual labor is automatically alienated from everyone and everything they knew. See Limbo: Blue-Collar Roots, White-Collar Dreams by Alfred Lubrano. http://www.wiley.com/WileyCDA/WileyTitle/productCd-047126376...

Re: The Million Dollar Question

#47
post #39

"Why won't you?" Indeed. I created this HN user almost two years ago, before I applied to YC. In these two years I did pretty much nothing towards my goal, except reading HN, nodding in agreement over good posts, and bookmarking stuff on Delicious, adding to the hundreds I already have. What stops me? Fear? No, I just know I can be successful with my idea. Laziness? Maybe, but I've worked 18 hr days on projects I lik…

This is exactly what I feel too! I'm generally lazy when there is no goal and no pressure, but I do work hard on things when there is a need, interest, deadline or even peer pressure. But when it comes to the big dreams, I procrastinate, and I don't know why.

I just up-voted and bookmarked this article.

Re: The Million Dollar Question

#48
There are lots of bugs in peoples' brains that prevent them from doing things that seem like good ideas, and I don't think the fear of becoming illegible (http://www.ribbonfarm.com/2011/07/31/on-being-an-illegible-p...) is anywhere near the most important one.

My vote for the most important bug is as follows.

It looks as though human brains were architected to think in two modes: "near" mode and "far" mode. The reason for this is that early human tribes had important rules that directly impacted survival and reproduction (for example, "don't take more than your share of the food", "don't sleep with another man's wife"). It was critical for us to tell others that we were going to uphold these rules or we would get kicked out of the tribe. At the same, time our genetic fitness would increase massively if we could find a way to covertly break those rules while still upholding them verbally (more food and more descendents for successful rule breakers).

The upshot of this is that even if something looks good when processed using far mode it's not necessarily easy to translate it into near mode where it actually gets done.

In my view, this is an explanatory factor for procrastination as well. For example, the popular Google Chrome extension Chrome Nanny (https://chrome.google.com/webstore/detail/gpdgmmdbbbchchonpf...) requires the user to enter 64 random alphanumeric characters before visiting a distracting site--which moves the idea of visiting this site from near mode (where it might actually happen) to far mode (where it won't).

For more on near and far modes you can read http://www.overcomingbias.com/2010/06/near-far-summary.html. Note that novel tasks and desirable risky acts are both associated with far mode.

Re: The Million Dollar Question

#50

This is a great post, but what I really want to know is how to make a million bucks without Sebastian Marshall mentoring you and no real connections. Actually, maybe I start by trying harder to make connections.

how to make a million bucks without Sebastian Marshall mentoring you

I think it's exactly his point -- why don't you just take his advice? He seems like he's perfectly happy to help.

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