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>People nowadays often ask me how much money we get per bottle sold. My answer is that we were paid about £3,000 all-in for the development This is an awful pa
by Larrikin 9y ago
>People nowadays often ask me how much money we get per bottle sold. My answer is that we were paid about £3,000 all-in for the development
This is an awful part of a great read.
- sogen 9y agoIt’s the same for graphic designers, make a logo and get paid once, no matter how large the company...
- irrational 9y agoSometimes you get paid more than once. http://www.dailymail.co.uk/news/article-2004273/Woman-designed-Nike-swoosh-explains-story-inception-40-years-ago.html http://www.dailymail.co.uk/news/article-2004273/Woman-design...
- sogen 9y agoOutlier, had her in my mind her when I was writing my previous response. That’s why Basecamp(37 signals) stopped doing graphic design.
- jacobush 9y agoBecause swoosh?
- irrational 9y agoThey stopped doing graphic design because one designer got 500 Nike stock shares?
- wlesieutre 9y agoSimilarly, Brooklyn Brewery’s branding was done for a 5% stake in the company back before they had any money https://www.fastcodesign.com/3059055/the-true-story-of-milton-glasers-greatest-client https://www.fastcodesign.com/3059055/the-true-story-of-milto...
- hbosch 9y agoSame for anyone who works on contract, in any industry. Designers will obviously charge more money depending on the size and budget of the client...
- WalterBright 9y agoI was an engineer at Boeing, designing airplane parts. Was I ripped off because I don't get an ongoing royalty for every 757 sold? Engineering is creative work, too.
- sangnoir 9y agoPer-plane sold? That's underselling yourself. Go the song-writer way: demand to have your royalties calculated based on flight-hours or per-passenger ticket /s.
- WalterBright 9y agoI like the cut of your jib!
- archagon 9y agoI honestly think that in a just society, you would deserve a fraction of the profits, yes. Even if it's some percentage of a cent.
- WalterBright 9y agoI was paid for my time spent there, an amount freely agreed upon by myself and Boeing. How is that not just in every way? I did want a piece of Boeing, though, and I did it the usual way - I bought BA stock. It's now worth something like, 100x what I paid for it. Anyone can get a "piece of the action" of any public corporation by buying shares of it. It'll cost you less than $10 in commission if you use one of the online brokers. Many corporations will also sell employees stock at a discount (usually called an "employee stock purchase plan"). Or they may grant you some stock options.
- archagon 9y agoYou made a thing that is now part of someone's capital. That person is getting exorbitantly rich far out of proportion both to the effort you put in and to the risk they took in bringing you on. In what ways would the world not be a better place if some of that capital defaulted to its creator? Would this arrangement be any stranger than some of the Byzantine corporate laws we already have to deal with? I'd say that a great number of our societal ills are caused by the top 1% hoarding over 40% of the wealth, and it would be great if we could take steps to correct this injustice systemically. Maybe not even with new laws. Maybe by simply incentivizing more companies to organize as cooperatives. I dunno! But the current system seems unfair, and even if some employees make bank, most of that bank is only human scale — not corporate profit scale, which is what the executives see. Shares aren't really the same thing since they don't grant you royalties; they're really more like supplemental income. IMO.
- kristiandupont 9y ago..and for everything else. Several of companies that I have worked for are still using code that I wrote without continuously paying me for it. That was what we agreed on so I don't see any injustice.
- mehwoot 9y agoWell that's the trade. You get a guaranteed pay, the company assumes the risk and gets the reward. In dollars today it would be about $45,000- and think of all the times they would have done that development and the product didn't take off.
- WalterBright 9y agoIdeas aren't really worth that much. Everybody has ideas. It's the execution, and the risk taking, where the money is.
- jk2323 9y agoMy professor always said: "ideas are like hemorrhoids, every asshole sooner or later gets some"
- ryguytilidie 9y agoIt reminds me of the scene on The Wire with the chicken mcnuggets: https://www.youtube.com/watch?v=xyg_v7Vxo4A https://www.youtube.com/watch?v=xyg_v7Vxo4A
- taneq 9y agoIf you want to get paid more than a one-time flat fee, don't sell your IP. It's that simple.
- esquivalience 9y agoDespite appearances, there's no IP in a recipe.
- spodek 9y agoYou can keep it as a trade secret -- https://en.wikipedia.org/wiki/Trade_secret https://en.wikipedia.org/wiki/Trade_secret. Let the potential buyer taste it without sharing the recipe, then negotiate the terms of sharing how to make it, plus your not disclosing it.
- eru 9y agoThough be careful, some people are crazy good at telling what's in some food just by taste and smell. (I know some. In a restaurant they can tell you exactly where the kitchen staff put in the extra work to do things 'properly', and where the chef took a shortcut.)
- esquivalience 9y agoYes, that's the other option. But secrecy is contractual, fragile (see other reply above) and only really protects you vis-a-vis the sampler, not the wider world.
- alistairSH 9y agoYou missed the second part of the sentence... * ...though the company did keep employing me for another 30 years.* Sounds like he parlayed the Bailey's idea into a career-spanning contract (or full-time gig, not sure which). That's far from a bad outcome.