4 ms·

Oh is it that easy? /s

falcolas 5y ago
It is. In the scope of "how do I hire people" it is as simple as "pay them what they want". How you work that into your business plan is harder, but you need employees for the business plan to work as all, so it still boils down to "pay them more".
- hellisothers 5y ago
  While 100% on its face this seems a bit reductivist, it sounds like the argument I make about “just deal with the 30% App Store take or don’t make a business” which I guess I should revisit. Sure this small bar could literally pay more but if that means their business model doesn’t work then that probably means many small bars/restaurants business model won’t work in the area (unless they have old/low rent). So does that mean you’re ok with all small places being replaced with TGI Fridays?
  - falcolas 5y ago
    It's a harsh truth that businesses are not guaranteed that their business model will work. It's part of the reason that in my hometown (50k population, $600k townhomes) some 90% of restaurants (and small batch brewers/distillers) fold within a year. But the 10% that succeed, are succeeding in the same environment as everyone else. They do so by offering food and an atmosphere that people want, and that you don't find in another restaurant in the area, even though the price is higher (significantly higher than TGI Fridays). Sure, there's also a good bit of luck involved, but that's hardly unique to starting and maintaining a business. And what else would you suggest? Forcing people to work for $14? Prevent them from being sniped by other businesses for more money? They're already getting loans from the government to hire more people...
  - threatofrain 5y ago
    While traveling around to a few big and medium cities I get the sense that the market is already rationally killing off mom and pop shops in favor of Chain Burger, and I also get the sense that whether you’re in a small or big town, metaphorical Habit Burger is actually favored and more trusted to deliver a good burger. It’s even more true with little apps on the App Store. Most tiny little apps actually hurt the Apple experience because they are unworthy and don’t have the reputation but still want your data. Small shops don’t economically make sense except for very local concerns.

It is. In the scope of "how do I hire people" it is as simple as "pay them what they want". How you work that into your business plan is harder, but you need employees for the business plan to work as all, so it still boils down to "pay them more".

hellisothers 5y ago
While 100% on its face this seems a bit reductivist, it sounds like the argument I make about “just deal with the 30% App Store take or don’t make a business” which I guess I should revisit. Sure this small bar could literally pay more but if that means their business model doesn’t work then that probably means many small bars/restaurants business model won’t work in the area (unless they have old/low rent). So does that mean you’re ok with all small places being replaced with TGI Fridays?
- falcolas 5y ago
  It's a harsh truth that businesses are not guaranteed that their business model will work. It's part of the reason that in my hometown (50k population, $600k townhomes) some 90% of restaurants (and small batch brewers/distillers) fold within a year. But the 10% that succeed, are succeeding in the same environment as everyone else. They do so by offering food and an atmosphere that people want, and that you don't find in another restaurant in the area, even though the price is higher (significantly higher than TGI Fridays). Sure, there's also a good bit of luck involved, but that's hardly unique to starting and maintaining a business. And what else would you suggest? Forcing people to work for $14? Prevent them from being sniped by other businesses for more money? They're already getting loans from the government to hire more people...
- threatofrain 5y ago
  While traveling around to a few big and medium cities I get the sense that the market is already rationally killing off mom and pop shops in favor of Chain Burger, and I also get the sense that whether you’re in a small or big town, metaphorical Habit Burger is actually favored and more trusted to deliver a good burger. It’s even more true with little apps on the App Store. Most tiny little apps actually hurt the Apple experience because they are unworthy and don’t have the reputation but still want your data. Small shops don’t economically make sense except for very local concerns.