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Three Ways to Get Paid (2018)

jasonzweig.com

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Re: Three Ways to Get Paid (2018)

#111

Post by xoxolian »

tim-projects wrote: post #26
tweakimp wrote: post #14

Earlier quoted context omitted.

and they are?

Day trader Garbage collector Zoo keeper Tennis player Lifeguard

- Day traders: Usually get rich "lying" — as influencers. As I hear, very few successful traders have day trading as their only income (and very few are successful), so they supplement it with other income streams. And those income streams, when relevant to daytrading, tend not to inform audiences that they'll best earn maybe 20% per year, and maybe only be able to live off capital above $100-500k.

- Garbage collector, zoo keeper, lifeguard: As honest jobs, you can hopefully make a living doing these. To leverage these skills to become rich.. I don't know, but would imagine there might be some big lies along the way.

- Tennis player: How do they become rich, endorsements? Does associating yourself with a racket, shoe or energy drink count as telling truth or lying? Since ads aren't an analysis of the racket's technical properties, nor its contribution to your playing... I'd say it's lying.

Re: Three Ways to Get Paid (2018)

#112

Post by MDCore »

apprentice7 wrote: post #76
beej71 wrote: post #58

When I was a dev working with my business-oriented business partner, I had to get used to sitting in meetings where we promised the client the world having no idea if I could accomplish it or not. Made a lot more money than I could have on my own. "Ray, when someone asks you if you're a god, you say 'YES'!!"

This is often the advice given by senior folks and I think it is somewhat similar to say that you have to "lie a bit on your CV". Still, I always wonder what would I do if I make these big promises to clients/bosses/management and I fail to deliver. Wouldn't that be worse than having said "no, I won't be able to make it in time" from the beginning? For context, I'm early in my career (3 YOE) and I don't deal with man…

Aside: start getting that exposure to management people now. You can book regular skip levels with your bosses boss and the PMs boss. Better than waiting until you get promoted and having to learn how to do it with a weight of expectation.

Re: Three Ways to Get Paid (2018)

#113

Post by tchock23 »

This hits home. I started my career in market research after someone told me that it was the only part of the business world where you’re paid to tell the unvarnished truth, which I thought was cool.

It wasn’t until many years later that I realized the clients actually wanted to be lied to, and that if you weren’t willing to do that you wouldn’t succeed.

Re: Three Ways to Get Paid (2018)

#114

Post by gowld »

beej71 wrote: post #58

When I was a dev working with my business-oriented business partner, I had to get used to sitting in meetings where we promised the client the world having no idea if I could accomplish it or not. Made a lot more money than I could have on my own. "Ray, when someone asks you if you're a god, you say 'YES'!!"

This is also how trillion-dollar megacorps get contracts signed.

Re: Three Ways to Get Paid (2018)

#115

Post by ngriffiths »

nostrademons wrote: post #107
gonzalohm wrote: post #90

Earlier quoted context omitted.

The downside is all the stress from unrealistic objectives

That's what I experienced early in my career, and then I independently discovered Rule 3: "Tell the truth to people who want to be lied to, and you'll go broke." The key to surviving in such an environment is to let go of your ideas of the truth . The customer doesn't want to hear it, and doesn't want to know it. Deliver the lies that will make them happy and only those lies. The lies themselves are usually reasonabl…

> The key to surviving in such an environment is to let go of your ideas of the truth. The customer doesn't want to hear it, and doesn't want to know it.

This is exactly it!

Like you might think "the promised features are not feasible." No, the features you will soon deliver are feasible, on account of you're about to go build them! If you fail, that is still very bad. But the point of rule 1 is you don't have to act like you signed up to deliver exactly X feature on exactly Y date. Instead you can think a little bit, and then you calmly set off on a process that should reasonably end up with the customer being happy. To many people this strategy feels like lying.

Re: Three Ways to Get Paid (2018)

#116

Post by gghh »

dewey wrote: post #49
gghh wrote: post #35

Earlier quoted context omitted.

Can you please spell out the spell out? You're linking 1300 words.

Cmd +F "Paywall" > Are paywalls ok? It's ok to post stories from sites with paywalls that have workarounds. In comments, it's ok to ask how to read an article and to help other users do so. But please don't post complaints about paywalls. Those are off topic. More here.

Thanks

Re: Three Ways to Get Paid (2018)

#117

Post by jolmg »

Gualdrapo wrote: post #40
jolmg wrote: post #17

Earlier quoted context omitted.

The URL: #replace-with-the-found-url From searching the text, it seems it hasn't been published on the WSJ.

So the author lied and they are trying to get rich?

If they're a writer there, I would assume it's simply still in the pipeline.

Re: Three Ways to Get Paid (2018)

#118

Post by fzn7 »

prmph wrote: post #87
tombert wrote: post #48

I've told this story before, but it's relevant. When I worked at BigCo [1], we were interviewing a candidate for a position. He was pretty good, and we were in the process of making him an offer, but he was asking for more money and trying to negotiate his salary higher. I don't have an issue with this, BigCo has plenty of money, but other people, including a manager, were complaining. They felt that this is a good j…

Yeah, this tendency of people to believe a collective lie, to try very hard to believe it, or at least make it look like they believe it, even when everybody knows its a lie, astounds me to no end. Some examples: - Russians (or insert any other dictatorship trying to appear otherwise) faking "democratic" elections. Who are you kidding, yourselves? No one believes it. Just tell the west: to hell with your democracy. L…

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