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As a new parent, I was planning on leaving my current stressful startup for Google, as I hear it’s must more intentional and slower paced. Not sure what my opt

by leoqa 4y ago

As a new parent, I was planning on leaving my current stressful startup for Google, as I hear it’s must more intentional and slower paced. Not sure what my options are now but I’m running out of steam during a recession that is projected to last for 1-2 years. I’m the sole provider for a young family and also my aging mother whom didn’t plan for retirement. Hopefully this all blows over quickly or I can harness resolve to keep grinding it out.

blindfolded_go 4y ago
In a similar situation myself. No option but to keep going..
poulsbohemian 4y ago
>a recession that is projected to last for 1-2 years What leads you to believe this will be the case?
- arvinsim 4y ago
  Do you believe it will last longer?
  - poulsbohemian 4y ago
    No, I don’t think it will be more than a few months at most, which is why I was curious to understand why someone would think in terms of several years.
    - aiisjustanif 4y ago
      What makes you believe it’ll be a few months?
      - poulsbohemian 4y ago
        I'm not an economist, I'm just a guy, but when I look at the big picture, I see nothing but opportunity. We need more houses, which means construction and jobs. We don't have enough skilled labor, yet we have loads of people who say they want better paying jobs, IE: it's a training / skills problem and it's a pay problem, it's not entirely a bodies problem. We're at the start of a mass switchover to renewable energy in the world economy, and that's only going to mean jobs, revenue, innovation, etc. It's easier and cheaper than ever to innovate with software, meaning entrepreneurial opportunities. While college is expensive, access to education and information is borderline free, meaning more people can be more knowledgeable than at any time in history. Point is - all of these things should be economic catalysts and any recession is bound to be short-lived, especially since in the big picture the past few have all been relatively brief and there were clearer reasons for those to have occurred. Someone will probably talk about cost of capital and that kind of thing, but there's always money sitting on the sidelines somewhere and the market has a way of adapting to these things too.
        abdabab 4y ago
        > We need more houses, which means construction and jobs. So construction needs labor but also lumber, land and financing. We don’t have the last three enough right now. We don’t have enough land to build near the bigger cities where housing is needed most, due to absurd zoning laws. We don’t have easy financing because of higher interest rates. None of these are short term problems. Basically, I’m saying labor is unusable when you can’t actually construct. > but there's always money sitting on the sidelines somewhere That’s cute but still that’s an assumption.
        abdabab 4y ago
        NYTimes summarized it better [1] > What’s causing the shortage itself is complex. The home-building industry lost about 1.5 million workers in the Great Recession of 2007-9 and has been in a labor shortage since. Land has grown more expensive. Lending tightened for builders, just as it did for home buyers after the bubble. The cost of lumber and other materials has risen. [1] https://www.nytimes.com/2022/07/14/upshot/housing-shortage-us.html?smid=nytcore-ios-share https://www.nytimes.com/2022/07/14/upshot/housing-shortage-u...
nly 4y ago
Here in the UK figures were announced today that show the economy bounced back to marginal GDP growth in May.
bordercontrol 4y ago
Don't forget to get a really good insurance in case you lose the ability to work in the industry.

by leoqa 4y ago

blindfolded_go 4y ago

In a similar situation myself. No option but to keep going..

poulsbohemian 4y ago

>a recession that is projected to last for 1-2 years What leads you to believe this will be the case?

arvinsim 4y ago
Do you believe it will last longer?
- poulsbohemian 4y ago
  No, I don’t think it will be more than a few months at most, which is why I was curious to understand why someone would think in terms of several years.
  - aiisjustanif 4y ago
    What makes you believe it’ll be a few months?
    - poulsbohemian 4y ago
      I'm not an economist, I'm just a guy, but when I look at the big picture, I see nothing but opportunity. We need more houses, which means construction and jobs. We don't have enough skilled labor, yet we have loads of people who say they want better paying jobs, IE: it's a training / skills problem and it's a pay problem, it's not entirely a bodies problem. We're at the start of a mass switchover to renewable energy in the world economy, and that's only going to mean jobs, revenue, innovation, etc. It's easier and cheaper than ever to innovate with software, meaning entrepreneurial opportunities. While college is expensive, access to education and information is borderline free, meaning more people can be more knowledgeable than at any time in history. Point is - all of these things should be economic catalysts and any recession is bound to be short-lived, especially since in the big picture the past few have all been relatively brief and there were clearer reasons for those to have occurred. Someone will probably talk about cost of capital and that kind of thing, but there's always money sitting on the sidelines somewhere and the market has a way of adapting to these things too.
      - abdabab 4y ago
        > We need more houses, which means construction and jobs. So construction needs labor but also lumber, land and financing. We don’t have the last three enough right now. We don’t have enough land to build near the bigger cities where housing is needed most, due to absurd zoning laws. We don’t have easy financing because of higher interest rates. None of these are short term problems. Basically, I’m saying labor is unusable when you can’t actually construct. > but there's always money sitting on the sidelines somewhere That’s cute but still that’s an assumption.
        abdabab 4y ago
        NYTimes summarized it better [1] > What’s causing the shortage itself is complex. The home-building industry lost about 1.5 million workers in the Great Recession of 2007-9 and has been in a labor shortage since. Land has grown more expensive. Lending tightened for builders, just as it did for home buyers after the bubble. The cost of lumber and other materials has risen. [1] https://www.nytimes.com/2022/07/14/upshot/housing-shortage-us.html?smid=nytcore-ios-share https://www.nytimes.com/2022/07/14/upshot/housing-shortage-u...

nly 4y ago

Here in the UK figures were announced today that show the economy bounced back to marginal GDP growth in May.

bordercontrol 4y ago

Don't forget to get a really good insurance in case you lose the ability to work in the industry.