The thing is,the most profitable businesses are often the boring ones. Unlike online businesses, the competition they face is decreasing daily as everyone chases after some glamorous business where they can work from the beach.
I'm not sure thats the exact reason. This guy is subbing out work to other companies; he's not making 53k/month by picking up litter. He's running a business with nominally 1 employee but contracts out the excess work to other companies who I doubt are all making 53k/month.
That said, having seen snow plow ads it does sound like good money. Not as good as fang.
I always roll my eyes when I see people only highlighting revenue with no other context. I always assume the margins are small.
In the article when it talks about a "six figure operation", I think they are referring to the $650k in revenue, which would be a six figure operation. I don't see any clues into what he's taking home.
Yeah... I went to also read the website where he's selling a guide, and there he is saying
"All it takes is a few minutes each day, at each property to keep the sites litter-free. If you’re looking for a simple, low-risk business with the potential to earn you a 6 figure income, order the manual right now."
So I had this in mind, because here he mentioned income, but I used the wording from the article.
It always irks me as well when people say "figures" like that because it's a range of 1 to 10x, and it seems he really enjoys doing that.
Another quote from him "I’ve been cleaning up litter in and around commercial properties for over 30 years and I’ve been earning a 6 figure income from it."
There is no way that climbing the stairs to the 10th floor will be as fast as climbing to the 1st or 8th floor, let alone the 10th floor. The same applies to working hours. There's no way you'll be as productive in the 10th hour as you were in your first hour.
I’m of two minds on this a. It depends if we are building or thinking - building definitely benefits from more time, and feel like I get momentum (as you described), implementing something over 12+hr sprint is hugely productive for me. On the other hand if I have a problem to solve I’m completely unproductive trying to do it at 3am.
I don't fully get the analogy. 10th floor is higher than 1st or 8th, so then you would get more work done? You can certainly climb 10 floors with the same speed as 1 or 8..
People tend to support David against Goliath. I've never been there, and I had no idea what was happening. All the information I have (and most of what you have) is propaganda, from both sides.
This is basically the crux of the matter. Traditional automakers are a complex supply chain that standardises and goes to extra-ordinary lengths to reduce costs. Tesla build a tonne of their own stuff and aren't as price sensitive. The question is "Why don't we just redesign all this stuff" and the answer is "We're Ford, we make tiny margins and we can't afford to redesign our entire car every year and even if we could we get half our components from Bosch anyway". Not to mention the difficulty in convincing FuSa people your arbitrary ethernet network is safe.
Why would OpenAI employees want to jump ship to Microsoft, especially when Microsoft's been slashing jobs and freezing pay? Doesn't really add up for me.
Being the CEO's pet AI lab is one of the best positions to be in, as it's actually the rare combination of being able to do innovative work but getting all the resources of big tech to do it. Satya is no muppet; he knows that if he were to absorb them he'd have to keep anyone from messing with them. They would be the most protected class of employee at MSFT.
The main reason why you'd not want to do it is that Startup Funny Money stock options won't be as high as they might be if you'd stay independent.