I work at a similar company (less than 10 employees, no deadlines, (almost) no meetings), but unlike Gumroad we actually have health insurance, 401K with matching, donation matching, etc. So it is possible to to have "freedom" without laying everyone off and removing all benefits. You can read more about it here: https://simpixelated.com/two-year-work-retrospective
Are all of your employees there for true flexibility (ie spending more time on their own project than work?)
No meetings, no deadlines, no full-time employees
461–470 of 543 posts
Re: No meetings, no deadlines, no full-time employees
#462Earlier quoted context omitted.
I work for a small company (less than 10 employees) that follows a very similar working process. No deadlines, one (very short) weekly meeting. We don't try to stay competitive with similar products. That's impossible with VC funding flooding the market. What we do instead is focus on making our current customers happy. Everyone is involved in support. We follow up with customers when we do launch features they reque…
I'm glad to hear that works for you. I'm a customer of several smallish (but bigger than 10 employees) services and if I'm paying something like $120/year for something even remotely useful, I'm not going to switch unless the competition solves a specific problem or I'm really mad at the current provider. In the former case I would at least have told support about my problem. I do believe that there is "enough" money…
Re: No meetings, no deadlines, no full-time employees
#463Earlier quoted context omitted.
I work for a small company (less than 10 employees) that follows a very similar working process. No deadlines, one (very short) weekly meeting. We don't try to stay competitive with similar products. That's impossible with VC funding flooding the market. What we do instead is focus on making our current customers happy. Everyone is involved in support. We follow up with customers when we do launch features they reque…
Signal?
Re: No meetings, no deadlines, no full-time employees
#464Earlier quoted context omitted.
Your underlying assumption is that companies where employees work more hours are more successful on the market place. I would say this is a deeply flawed assumption.
If two equally capable entities are competing, the one who puts in more time will almost always win. The Chinese may be lacking the (social and physical) infrastructure that the Europeans have a head start on for productivity, but they are catching up or have already caught up. This probably applies less to big conglomerates who exist and will continue existing regardless of what happens (honestly most of their emplo…
Re: No meetings, no deadlines, no full-time employees
#465Earlier quoted context omitted.
Bingo. Saying that the employees are paid well enough to buy their own health insurance is a red herring because it's not an apples-to-apples comparison, companies get far better rates on insurance products. Gumroad could probably save a significant amount of money by providing health insurance to their employees and just not paying as high of a salary.
Company provided health insurance creates incentives for employees to delay leaving and stay in jobs they don't like anymore. This lowers the quality of life for everyone involved.
Re: No meetings, no deadlines, no full-time employees
#466As with other gig economy jobs, it's sold by virtue of its "flexibility", but you can still offer flexibility and health insurance.
You can also pay for employee benefits, have them work fewer hours, have no meetings and no deadlines.
Re: No meetings, no deadlines, no full-time employees
#467Earlier quoted context omitted.
A related factor: US sugar subsidies make sugar expensive, so a lot of manufactured foods in the US contain High Fructose Corn Syrup (HFCS) instead. On a kilojoule-for-kilojoule basis, excessive intake of HFCS is a lot more harmful to health than excessive intake of sugar is. By contrast, Australia has a long history of being anti-agriculture subsidies, and fewer foods here include HFCS (most of those that do are imp…
>On a kilojoule-for-kilojoule basis, excessive intake of HFCS is a lot more harmful to health than excessive intake of sugar is. Do you have a source for that? I don't see how sucrose from sugar cane is any healthier than HFCS, which is the same thing, just split by an enzyme.
There's chemical differences and some HFCS is a lot more fructose than sucrose. But, yeah, I also haven't been able to find any conclusive evidence that it's any worse with your garden-variety HFCS
Re: No meetings, no deadlines, no full-time employees
#468Earlier 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…
> 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 families who want to be self-employed or contractors. I don't want to be dismissive, but with a full remote job why not go live in a country where healthcar…
Re: No meetings, no deadlines, no full-time employees
#469Earlier quoted context omitted.
Seems to be the case with Facebook that just acquired all their competitors once they became a threat.
Not all companies desire to be acquired, even when offered. Not all deals go through, even when desired. We often hear of those that do get acquired, more rarely those that don't - Facebook has notably failed making attempts. Those companies are still going strong. Facebook didn't kill them.
I wonder if they have in mind an IPO instead
Re: No meetings, no deadlines, no full-time employees
#470Earlier quoted context omitted.
Seems to be the case with Facebook that just acquired all their competitors once they became a threat.
Maybe it's not what you would prefer but the owners of those companies probably saw themselves as winners. Unless Zuckerberg forced them to sell at gunpoint?