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This argument considers the downside risk (85% chance of not getting paid anything) but does NOT consider the upside risk (small chance of getting filthy rich b
by mcherm 15y ago
This argument considers the downside risk (85% chance of not getting paid anything) but does NOT consider the upside risk (small chance of getting filthy rich but still much bigger than the chance if you work as a $150/hr consultant). That makes the math wrong, even if the idea has merit.
- WalterSear 15y agoFurthermore, even if the premise is right, the strategies suggested are wrong. 'Working more than is healthy' never makes sense (except in short, >healthy < doses) and hiring support staff only makes sense if you have the cashflow or the increased productivity is worth the increasd burn rate - you haven't made that money yet.