3 ms·

There is a huge difference between 37Signals and us form business point of view. 37Signals is a product company having successful products in the market alread

There is a huge difference between 37Signals and us form business point of view. 37Signals is a product company having successful products in the market already. We are an IT service company whose revenue literally and linearly dependent on the number of hours we work. So need optimized solution for company and for developers.

Retric 16y ago
In the short term your revenue is linearly dependent on the number of hours worked, but in the long term it's a function of productivity. The focus should be on creating value not putting in hours because you can always increase your hourly rate, but you can not work 25 hours in a day. And revenue is meaningless, the only important number for a company is profit. PS: You can add employees but foxconn's 920,000 employees generate around ~100 million in profit per year. Google's 26,316 employees generate around 80 times that much profit meaning they are generating ~ 2,800 times the profit per person.
- abhishekdesai 16y ago
  Yes so for that only, we were thinking of investing 2 Saturdays in growth of individuals. This will require dedicated time and efforts from our side. We are willing to do that. Everyone has chance of improvement and we believe by investing our own time may help individuals to improve themselves. For e.g. Not every programmer has good writing skills or spoken english skills which is required for communicating with overseas client. We can spend time in improving that. I am just arguing here to have fruitful discussion. I am just taking the opposite side right now so that we can uncover more points.
triviatise 16y ago
you will eventually need to go fixed fee and use intellectual property to do things faster. This will let you get bill rates in the 300-500/hour or higher range. The downside is that you are solving the same problems over and over again.

Retric 16y ago

In the short term your revenue is linearly dependent on the number of hours worked, but in the long term it's a function of productivity. The focus should be on creating value not putting in hours because you can always increase your hourly rate, but you can not work 25 hours in a day. And revenue is meaningless, the only important number for a company is profit. PS: You can add employees but foxconn's 920,000 employees generate around ~100 million in profit per year. Google's 26,316 employees generate around 80 times that much profit meaning they are generating ~ 2,800 times the profit per person.

abhishekdesai 16y ago
Yes so for that only, we were thinking of investing 2 Saturdays in growth of individuals. This will require dedicated time and efforts from our side. We are willing to do that. Everyone has chance of improvement and we believe by investing our own time may help individuals to improve themselves. For e.g. Not every programmer has good writing skills or spoken english skills which is required for communicating with overseas client. We can spend time in improving that. I am just arguing here to have fruitful discussion. I am just taking the opposite side right now so that we can uncover more points.

triviatise 16y ago

you will eventually need to go fixed fee and use intellectual property to do things faster. This will let you get bill rates in the 300-500/hour or higher range. The downside is that you are solving the same problems over and over again.