51–60 of 300 posts
Many men discovered over the course of the pandemic how much they actually loved spending time with their family and how unrewarding office life is. Unfortunately the powers that be have decided that this realization is incompatible with how the economy is set up to work, commuting office space work lunches and dinners etc. and so back to the office we will be forced to go.
Many men discovered over the course of the pandemic how much they actually loved spending time with their family and how unrewarding office life is. Unfortunately the powers that be have decided that this realization is incompatible with how the economy is set up to work, commuting office space work lunches and dinners etc. and so back to the office we will be forced to go.
The work attire for technical professionals shifted from suits and ties to jeans and t-shirts because the power shifted from Wall Streeters to Silicon Valley hippies as the value added to the economy by computers grew.
This smells like another work-cultural element that could shift easily if several startup-types declare four-day work weeks and find themselves enough runway money to get to revenue-positive.
Maybe it's impossible. But if the folks who champion productivity-through-focus are to be believed, those firms should be X times more productive than five-day firms or crunching firms, the numbers will show it, and the industry will follow.
Controversial opinion: Men are concluding that women don’t care about money as much as they used to, and having an amazing career to snag a great woman is no longer the best (or even a good) strategy. In some ways, being a dedicated corporate employee makes you unattractive as a person. I know a lot of guys in their late 20s that think this. And I know a lot of broke bar tenders dating great women. Unless you are mak…
Being a broke bartender is maybe cute in your 20s and maybe they are enjoying the "great women" they are dating.
The problem is - once you hit 30 and beyond, being a broke bartender ain't that cute, and the kind of women stuck dating them aren't that *great" either.
And there's no easy leap from a broke bartender in your 20s to someone who can buy a house and support a family in your 30s.
So what I hear in this story, is maybe someone who would otherwise do 130% to go from "director" to "senior director", doing 120% instead so they can play with their kid and extra few hours a week.
It's a very different choice than opting into broke loserdom.
Controversial opinion: Men are concluding that women don’t care about money as much as they used to, and having an amazing career to snag a great woman is no longer the best (or even a good) strategy. In some ways, being a dedicated corporate employee makes you unattractive as a person. I know a lot of guys in their late 20s that think this. And I know a lot of broke bar tenders dating great women. Unless you are mak…
What do women care about instead?
Beyond a certain threshold, throwing money at women doesn't really yield more results. Or at least not the kind of results you'd want.
> That translates to 1.5 hours less time on the job each workweek, or a 3% reduction in hours. A search for “statistically significant” yielded no results. So why am I not to assume, especially given the source, that this is more of that “Americans are lazier and less productive” thing that plays out daily in right-leaning media?
Many men discovered over the course of the pandemic how much they actually loved spending time with their family and how unrewarding office life is. Unfortunately the powers that be have decided that this realization is incompatible with how the economy is set up to work, commuting office space work lunches and dinners etc. and so back to the office we will be forced to go.
I think there's a lot of value in face to face interaction with coworkers, but it's hard to want to go into a office when the trade off is less time spend with my family.
Many men discovered over the course of the pandemic how much they actually loved spending time with their family and how unrewarding office life is. Unfortunately the powers that be have decided that this realization is incompatible with how the economy is set up to work, commuting office space work lunches and dinners etc. and so back to the office we will be forced to go.
Women have done the same. The dirty little secret of the current "labor shortage" is that the worker bees are no longer willing to over do it, for the same pay. The commitment to work is still there, but now more and more have reasonable boundaries.
Key phrase: The top-earning 10% of men in the U.S. labor market. So nowhere near the top 10% of income earners. The real top earners don't do much traditional "work", instead earning money thorough investment and/or family income streams. I would also quibble with the definition of "work", as many activities of top earners would not be considered work by the majority of people. I've been to my fair share of "conferen…
The article talks about top 10% – $175k+/year https://www.investopedia.com/personal-finance/how-much-incom... That’s a fun grey area where you’re making a lot but not a lot . And the path to making more is paved with leverage, not with hours. You absolutely cannot get to the top 1% by just grinding away. I can’t find the study right now, but I remember reading that “work for money” tops out at about $400k. The highes…
> The highest average income in USA goes to car wash owners. Is that an euphemism for money laundering (Breaking Bad) or make car wash owners really that much money?
The market is super fragmented and localized so it doesn’t really matter how many other successful car washes exist. People won’t drive too far out of their way just for a car wash. This puts a ceiling on competition.
Starting a car wash is a big but not huge investment. This also puts a ceiling on competition, but remains accessible to fairly regular people. Starting a car wash also doesn’t require any specialized knowledge.
And because the business is profitable, but not that profitable, it has (afaik) escaped the clutches of private equity consolidation. This keeps money in the hands of local owners thus improving average/median outcomes and keeping variance low.
Earlier quoted context omitted.
Your quibble is addressed via the word “earning.” Money made via investment or inheritance is unearned.
>> Money made via investment or inheritance is unearned. I think a great many startup founders might feel that their stock-related income is "earned", especially those who don't pay themselves much of a salary in early years. And every actor/singer/songwriter earning passive income from past artistic works. So too every homeowner or pensioner taking money without actually clocking in on a factory floor. I don't have…
I'm curious to see your numbers, because I can't imagine how this could possibly be the case. I think you may be living in a bubble.
I wonder even how many of these top non-income earners get their money from inheritance rather than your examples of startups and artists.