Offtopic: this title seems to mess with the title AutoCapitalizer
Don't work with assholes
11–20 of 75 posts
Re: Don't work with assholes
#12this is sort of besides the point of the article, but why do people make businesses to sell them? as a scientist, i am not terribly interested in giving away the ideas that i have worked on for, typically, years. i become quite invested in them and continue to pursue them and evolve them until the funding runs out or new interests pop up that are worth replacing the old ones (typically this is an evolution as well).…
ADHD :)
But seriously I love building things but support is tiring. I don't build a business to sell them, but I sell a business once I am not passionate enough anymore.
Re: Don't work with assholes
#13this is sort of besides the point of the article, but why do people make businesses to sell them? as a scientist, i am not terribly interested in giving away the ideas that i have worked on for, typically, years. i become quite invested in them and continue to pursue them and evolve them until the funding runs out or new interests pop up that are worth replacing the old ones (typically this is an evolution as well).…
> but why do people make businesses to sell them
Building something and maintaining it are two different things which require different skills, different finances and different partners. Innovation requires a curious, scientific mind. Making something profitable requires engineering and an MBA.
Re: Don't work with assholes
#14> With a young family and a new life beginning, I did not want to ruin the limited time I have on this earth with my loved ones being a dad whose head is somewhere else, rather than enjoying these moments together. This a*hole wasn't worth it. I paid him off to leave us alone. While understandable from his POV, I'm disappointed to see the guy getting paid for services not rendered, and so reinforcing his tactics.
True, but from my point of view OP won because he was able to see through the aholes true plans causing the ahole to only get the crumbs of a much larger piece of the pie at the end.
To us and others it may seem to be a large sum, but to him it was definitely only a pittance of what he intended to take.
Re: Don't work with assholes
#15What is M&A that is referenced in article?
Re: Don't work with assholes
#16this is sort of besides the point of the article, but why do people make businesses to sell them? as a scientist, i am not terribly interested in giving away the ideas that i have worked on for, typically, years. i become quite invested in them and continue to pursue them and evolve them until the funding runs out or new interests pop up that are worth replacing the old ones (typically this is an evolution as well).…
> why do people make businesses to sell them?
Think of it as specialization. Some people are best in the wear-many-hats start up stage where everything is scrappy and there aren't a lot of rules and structure. And if they want the business to continue to grow and prosper, eventually that environment needs to change.
And sometimes people who are good at the startup stage have trouble transitioning into a more mature phase of a business's lifetime. In which case, it's probably more responsible to sell it to someone who can properly nurture it.
Re: Don't work with assholes
#17What is M&A that is referenced in article?
Mergers & Acquisitions (I think)
Re: Don't work with assholes
#18this is sort of besides the point of the article, but why do people make businesses to sell them? as a scientist, i am not terribly interested in giving away the ideas that i have worked on for, typically, years. i become quite invested in them and continue to pursue them and evolve them until the funding runs out or new interests pop up that are worth replacing the old ones (typically this is an evolution as well).…
never get married to a position. whether I bought shares in my trading portfolio, or created shares in a new business, its all to sell them at a higher price.
your unfamiliarity with that concept is because you are segregated from the market almost completely in your scientist example, you are subsidized by programs where it’s completely mystical why the funding runs out when it does, as opposed to rapidly iterating on marketable things as a means to an end
I also have a couple of non-profit entities now, those are specially incentivized to dump otherwise sunk cost ideas into, but they are not sunk cost in a non profit. there is no reason to ever do this outside of that structure
privatize the gains, socialize the losses, thats the whole philosophy. it is predicated on actually having gains to begin with.
Re: Don't work with assholes
#19What is M&A that is referenced in article?
Mergers & Acquisitions
Re: Don't work with assholes
#20> With a young family and a new life beginning, I did not want to ruin the limited time I have on this earth with my loved ones being a dad whose head is somewhere else, rather than enjoying these moments together. This a*hole wasn't worth it. I paid him off to leave us alone. While understandable from his POV, I'm disappointed to see the guy getting paid for services not rendered, and so reinforcing his tactics.
I kind of get it and as I am aging I get it more and more. You are avoiding headache and actually putting cost to that time spent and stress added to your life. Sometimes it's just not worth it to engage. Not same, but I will put it in the direction of paying a bribe (again, I didn't say same or even same level).