Unfortunately, student loans constrain the freedom of action of many recent graduates. They have to have that income to make the payments, which can be quite high. This of course favors upper middle class people as young company founders.
Yes, that is a real problem. I thought of mentioning this in the essay. The problem is the same as with visas: the government's definition of work is a job working for someone else. I hope eventually they'll wise up and change the rules about student loans, because the intent of the rules about repayment is not simply to get the money back as soon as possible, but to discourage people from merely slacking after colle…
You weren't meant to have a boss
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Re: You weren't meant to have a boss
#202I am a veteran of the tech industry. Started a few companies and consulted for a twenty year period. I haven't had boss (the wife excluded) during the entire time except for a stint with Shell Oil out of school. Just recently graduated from law school (went back as an "old man") and am in the process of launching a "digital law practice" that feels in many ways like a tech startup. We are doing it completing "on the cloud" with virtual offices in a couple of states.It has gotten a lot easier (still not "easy") to do!
Re: You weren't meant to have a boss
#203Earlier quoted context omitted.
Oddly the thing that stood out in those comments was the discussion of living expenses, and specifically health insurance. Everyone is quoting things like $700/mo and $1100/mo. Even the guy with the high deductible plan alluded to paying $116/mo for a $5k deductible. Am I the only one that pays $55/mo for a $1k deductible plan? I must be lucky or something. And that aside, seriously, you buy insurance for catastrophe…
My first major job out of school was with CitiBank. I hated the corporate culture there, and the immense inertia. When I left I had health insurance through the federal COBRA plan, but it cost me $400 monthly. I don't recall the deductible offhand. That was a double-whammy because not only did I no longer have the steady income from that job, but I now had an additional $400/mo expense. Fortunately I had some small s…
Re: You weren't meant to have a boss
#204Amen. I like to state here my 2nd law of corporate's immutable entropy: individual intelligence times somewhere between 50 to 150 leads to collective stupidity. It's a rather sharp s-curve, really.
Great stuff Mr. Graham, thanks. Jurgen
Re: You weren't meant to have a boss
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#209Earlier quoted context omitted.
The subsidies follow the disproportionate voting power and political influence of the relevant mid-west states, not the inherent marketability of corn. Veggies and nuts are mostly grown at massive industrial operations in California with desert sunshine and irrigation systems. It's definitely a scalable operation not much different from corn and soy. Not to nit-pick, but carrots keep really well even at room temperat…
Another related movie (was on Sundance this past weekend): http://www.we-feed-the-world.at/en/film.htm
For example, I thought it was bullshit to claim that Brazilian farmers are starving because other countries are buying all the soy beans. Clearly it is a political problem, otherwise Brazil would use the money it gets for the soy beans to buy other food for the farmers.
Re: You weren't meant to have a boss
#210I can so much relate to this one. I work for a medium size business (~500 employees). I have been termed cowboy, SWAT and such - it took me around 5-6 years to realize I am more of an entrepreneur than a big team player. I have an idea and I want to execute it to full extent.
Problem is, after all, software is for a business and to run a business you need non-technical business mind, one that understands customers, their needs, marketing, sales & support. Thus a need for that other half. I am still trying to find one :)
Kapil Tundwal http://ktundwal.blogspot.com