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Nono, don't get me wrong. The point with rich people (which I've reused because I thought it fit those conversations) is that even if you have millions in your

Nono, don't get me wrong. The point with rich people (which I've reused because I thought it fit those conversations) is that even if you have millions in your bank account, you imagine businesses with their own 'pots'. I.e. even if I can invest say £100,000 into this business to jumpstart it, I'll first see if it can make some money by itself, just as if I've have had nothing. So I won't buy the £5,000 hardware (just an example) until I made £5,000 profits. That means whatever expenses the business made are paid from the same pot — the one with money the business generated. Maybe after the business reached a certain threshold (and thus proof of concept), these millionaires that I've known will properly invest. If that still didn't make sense, imagine you'll be looking for investment. You won't go and ask for it until you've got proof. In the millionaire case, it just happens to be the same person who's becoming an investor. Regarding the second bit, I'm saying this: it can also be freemium and at the same time a premium plan. Or more premium plans

gnicholas 8y ago
IMO, the example would be clearer if you left off the cofounder bit. Otherwise it puts the focus on their relationship and makes the rich guy seem like a jerk. I still don't see how this anecdote is particularly responsive to the various comments it was used in reply to. So you're saying millionaires want to grow businesses responsibly? Great! What does that have to do with whether you feel joy in paying them money — which was what my original comment was about?
- chdaniel 8y ago
  Oh I understand what's unclear now. So here's what I'm trying to connect 1. These rich people like to start lean (some of them) 2. This way of conducting business gives equality of opportunity 3. Therefore, these lean-starters will be drawn unto them and use them. Eventually, when they invest in their own ideas (remember what I said that it just so happens that the investor is themselves?), they bring their big money to this company Makes sense now?
  - gnicholas 8y ago
    Honestly, not really. I've read it a couple times and run it by a friend, and we don't understand what you're getting at. But thanks for taking the time to try to explain.

gnicholas 8y ago

IMO, the example would be clearer if you left off the cofounder bit. Otherwise it puts the focus on their relationship and makes the rich guy seem like a jerk. I still don't see how this anecdote is particularly responsive to the various comments it was used in reply to. So you're saying millionaires want to grow businesses responsibly? Great! What does that have to do with whether you feel joy in paying them money — which was what my original comment was about?

chdaniel 8y ago
Oh I understand what's unclear now. So here's what I'm trying to connect 1. These rich people like to start lean (some of them) 2. This way of conducting business gives equality of opportunity 3. Therefore, these lean-starters will be drawn unto them and use them. Eventually, when they invest in their own ideas (remember what I said that it just so happens that the investor is themselves?), they bring their big money to this company Makes sense now?
- gnicholas 8y ago
  Honestly, not really. I've read it a couple times and run it by a friend, and we don't understand what you're getting at. But thanks for taking the time to try to explain.