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No meetings, no deadlines, no full-time employees

sahillavingia.com

361–370 of 543 posts

Re: No meetings, no deadlines, no full-time employees

#361
post #311

Earlier quoted context omitted.

Do Canadians and Australians need as much healthcare as aging and obese Americans do?

I just looked into it now. As of 2018, apparent 38% of Americans are obese and 28% of Australians. So it's probably a difference that _does_ factor into costs, but I wouldn't know how much.

That is such a big difference. Is it food suply related or lifestyle? The states with larger cheese production tend to be heavier than hotter states which could mean location might be the cause but it might be genetic.

Re: No meetings, no deadlines, no full-time employees

#363
post #44

In years to come we will look down on the 5 day working week in the same way we currently do with 15hr factory shifts during the industrial revolution. It absolutely blows my mind that 99% of office roles are still 5 days / week, Monday to Friday - why is there basically no variation on this model? I'd be more than happy to work a job for 80% salary for 4 days per week... So much so, I'm about to launch a website lis…

Similar to you, I'm building a part-time jobs website. https://parttime.careers

I feel that the part-time jobs trend now is like the remote jobs trend in 2007. It's still in the early days.

Re: No meetings, no deadlines, no full-time employees

#365
post #361
post #311

Earlier quoted context omitted.

I just looked into it now. As of 2018, apparent 38% of Americans are obese and 28% of Australians. So it's probably a difference that _does_ factor into costs, but I wouldn't know how much.

That is such a big difference. Is it food suply related or lifestyle? The states with larger cheese production tend to be heavier than hotter states which could mean location might be the cause but it might be genetic.

Food is more expensive in Australia and serving sizes are smaller.

Re: No meetings, no deadlines, no full-time employees

#366

Earlier quoted context omitted.

> I make more than enough to afford proper health insurance on the open market. Everyone at Gumroad is paid very well and should be able to afford the same. This might be true for everyone at Gumroad , but I wouldn't be so sure. You also seem dismissive (probably unintentionally) of one of the biggest problems we have in the US right now: health care and insurance is ridiculously expensive–especially for people with…

When I lived in Ireland I paid 51% of my income in taxes. Imagine that!

I don't have to imagine it, I live in California.

  Top federal income tax: 37%
  Top California income tax: 13.3%
  Federal Medicare tax: 1.45%
  Additional federal medicare tax*: 0.9%
The "additional" Medicare tax is only on whatever income is over $200k/$250k for single/joint filers. Call it "0.55% effective".

Adds up to 52.3%.

There's also a sizeable additional capital gains tax for three lucky ones who live in California.

Re: No meetings, no deadlines, no full-time employees

#368

Earlier quoted context omitted.

> In Canada the waiting lists for mri and other advanced testing can be long where the same tests/operations can be done as a walkin option that day in the US. Are there no private MRI machines in Canada? In many countries with free healthcare, you can still "just walk in" to any private hospital/clinic and get an MRI done.

Sure, but you're already paying for a public service

We all pay taxes that build and maintain our roads, but that's no reason to not shell out for an airline ticket if we want to get somewhere faster.

In my country I can see a doctor for free after a 0-4hr queue in a hospital waiting room or pay USD$10 to immediately see any of the dozen private doctors within a 5 min drive of my home.

My taxes already pay for free healthcare, but I'm more than happy to pay more to avoid wait times.

But I live in the "third world", so I understand your experience might be different.

Re: No meetings, no deadlines, no full-time employees

#369

Earlier quoted context omitted.

> I make more than enough to afford proper health insurance on the open market. Everyone at Gumroad is paid very well and should be able to afford the same. This might be true for everyone at Gumroad , but I wouldn't be so sure. You also seem dismissive (probably unintentionally) of one of the biggest problems we have in the US right now: health care and insurance is ridiculously expensive–especially for people with…

As another data point, I pay ~$350/mo for a low-deductible, high-quality HMO ACA plan as a single male in Maryland. (It would have been $550 in California). I'm incensed at the idea we leave families out in the cold like that - IMO healthcare should be free - but I don't find my care to entirely unaffordable.

  I pay ~$350/mo for a low-deductible, high-quality HMO ACA plan
That's the total amount the provider gets, or just your out of pocket before ACA subsidy?

Re: No meetings, no deadlines, no full-time employees

#370
post #319

Earlier quoted context omitted.

Agreed. Really inspiring story. I'm not as far along on my entrepreneurial dreams as the CEO but as a freelancer, I'd be interested in working at a firm with a similar set up as Gumroad. I'm very much a mercenary and I find it's hard to be honest about this while still maintaining a good working relationship with colleagues.

I think the person you replied to was being sarcastic but I'm not even sure anymore

Even if sarcastic, it really is an amazing model and the execution was great. Vincent Woo of Coderpad had this exact question, why not raise a seed or series A round, then never raise again? There's no legal reason stopping you from doing so, given you still own the majority of the company. It's just frowned upon.
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