- Wheeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee! 10:13
- How to hire great people 11:11
- Microfinancing 11:49
- Traffic 12:36
I just talked to the grad office. They were waiting for me to give my approval, oops. :) An offer letter should be going out to you shortly.
Mark Chignell wants me there by mid-May!
We will have a watermelon party later. Yay yay yay yay yay!
E-Mail from Mark Chignell
2. How to hire great people
joelonsoftware has interesting insights on hiring the best people. He pokes holes in hiring fallacies like super-selection: "We're so good we hire only 1 out of 200 applicants!" Big news: the best people _aren't_ scrambling for your vacancies! Joel said:
By the way, it's because of this phenomenon—the fact that many of the great people are never on the job market—that we are so aggressive about hiring summer interns. This may be the last time these kids ever show up on the open market. In fact we hunt down the smart CS students and individually beg them to apply for an internship with us, because if you wait around to see who sends you a resume, you're already missing out.
The best experienced software developers WILL NOT BE LOOKING FOR WORK. They will be under lock-and-key at software companies that know how to take care of them. Unless you can get at them through personal or intellectual reasons, they're not going to apply to your job ad. Screw experience. Cherry-pick students, offer them great internships, CHALLENGE THEM WITH INTERESTING WORK (not just your usual OJT gofer duties), and mold them into the developers you want them to be.
Something to keep in mind if I start my own tech company.
Read technobiography: OT: Jun-jun the Parking Man and think about the poor.
I think microfinancing is a good idea, BUT it must also come with financial education. Most people are financially illiterate. Heck, _I_ still don't think I can start up just any company and make it successful. People with little money have less education. They need guidance and they need followup. They need to learn not to use windfalls for consumption, but rather think of ways to make money with it.
I wonder what would have happened if the group lent the money instead. Edwin thinks it would have encouraged Jun-jun to use the money responsibly, and I think so as well. It would be very tempting for Jun-jun to go and buy things first and then just try to pay back the loan, failing eventually because his income hadn't increased proportionately. He would need to be taught not to use the money to buy things right away but rather put money into something that could yield more money later--a bananacue business, if that isn't saturated yet.
But yes--you need to teach a man to fish.
What _would_ I do if I had extra cash? I should always keep business ideas in mind so that I can take advantage of windfalls. I can save extra money in the bank so that I can make decisions when I have more money (an investment fund for myself). You need to have a certain amount of money to take advantage of some opportunities. There are also ways of making money on top of borrowed money, but I'm not confident enough to risk that yet.
Tala's recent "Argh" entry inspired me, and one of the businesses I'd like to put up is an anger release place. ;)
Hmmm. You know, it _is_ actually a viable business idea. Buy cheap plates, have people pay a small amount (cost of plate + small margin) to draw faces on plates and SMASH THEM! SMASH SMASH SMASH SMASH!
You can also have stuffed toys for cuddling–or ripping the stuffing out of! Mwahaha... Voodoo dolls and the like, too.
I wonder where we can put up a small shop like that. We can call it "Rage" or something...
I remember reading about the business idea somewhere. It sounds like something one can set up easily. Get satisfyingly fragile plates, black markers, a punching bag, paper and tape (put faces on the punching bag), cheap stuffed toys, maybe even a photoprinter after the shop is successful (and scissors and lighters, too)... Set it all up, have space so that you can throw things a satisfying distance, and market it as a cheap way to protect your valuables from your tantrums! If my sister's anyone to go by, there's a market for a place like that! ;)
On Technorati: business
Nagje-jaywalk na suso
Nakita ko sa Quiapo
Kay bilis nyang tumakbo
Naunahan pa ako
Thanks to Clair for getting tanaga into my head (I have Last Challenge Syndrome, like LSS) and my mom for suggesting Quiapo instead of Recto. =)
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