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The author at The Club for Growth Blog in a related article titled Thursday's Daily News writes:
The author at Stumbling and Mumbling in a related article titled Signaling in education writes:
COMMENTS (16 to date)
Maestro writes:
I know you said not to ask, but what's the deal with the cushion? I pretty much agree with everything else you said, so don't think I'm ignoring your ideas, it's just that's the only thing you wrote that I don't understand. Posted March 2, 2005 10:49 PM
B. Scot writes:
You're right Bryan; while I do enjoy reading your posts because you like to "stir the pot," your "signal" makes me wonder how you managed to land your job? :) Posted March 2, 2005 10:54 PM
Xavier writes:
You mention internships as an example of employees working for free, but it's also often an example of a free trial period before a longer-term job. The difference between that and what you suggest is that the arrangement is proposed by the employer rather than the employee. Even if free trial ideas were more widespread, I don't see employees initiating it. First, when employers do it there isn't as much risk of appearing weird. Second, employees are less likely to be innovative than employers. There are a lot transaction costs in designing a program like that and it would be much more efficient for an employer to do it because a large number of employees can use the program once it's established. Also, I think employers are naturally more inclined to be innovative. Creative, gutsy people are more likely to be entrepreneurs than employees. Posted March 2, 2005 11:42 PM
Danno writes:
Uhm, you're probablly already aware of this in some sense, but for the edification of anyone who reads the comments, what's being talked about here is simply the idea of Social Proof as applied to economics. Plainly, that the more people do something, the more people consider it acceptable and appropriate and the opposite as well. Posted March 3, 2005 12:27 AM
jaimito writes:
Weird and creative people find employment, sometimes even well rewarded employment. Many employers are not afraid to try and in a tacit non-public way, recognize and reward productivity. But being weird has its costs: you are kept in the back room, you are forbidden to talk to clients, your letters out are scrutinized, you are not treated as an adult mature person during meetings, people make faces behind your back. I am talking from personal experience. Posted March 3, 2005 1:13 AM
Chris Yates writes:
Some guy was hired by Warren Buffett after offering to work on a reverse salary basis. Columbia Business School graduate, maybe he proved he was otherwise normal. Posted March 3, 2005 3:37 AM
Bob Knaus writes:
Bryan, are you sure you aren't a UNIX system administrator? The description of your appearance certainly matches the profile. Of course, that's a back-office function. UNIX sysadmins never see customers, or daylight for that matter. Doesn't matter how weird they are. Ditto for many programmers, network admins, and other IT support staff. Surely IT isn't the only industry that tolerates, maybe even encourages, weird workers. Can anyone else name examples from their experience? Posted March 3, 2005 7:34 AM
Randy writes:
Though I never offered to work for free, I did get the job I have by offering to work for less during a trial period. I told them I would ask for a raise once I had learned the job and that I would expect to get it. I got the job - and 6 months later I got the raise. I think this is a sound strategy, especially in the IT field with several hundred highly qualified applicants for every position. You have to get your foot in the door. Posted March 3, 2005 9:26 AM
Jim Erlandson writes:
You have described the consultant or contract employee both functionally and by appearance. In the next 30 days, I will do X and in exchange, you will pay me Y.It is understood that if X doesn't get done, no check for Y will change hands. The IT industry is full of people who work this way for lots of reasons. One is that they can work wearing shorts and flipflops while sitting on anything they want to -- often at home. Posted March 3, 2005 9:45 AM
mark writes:
My dad said somthing similar, that going to college showed you were smart enough (or persistent enough ) to learn. Posted March 3, 2005 12:49 PM
Lawrance George Lux writes:
Bryan, Posted March 3, 2005 12:59 PM
Butterfield writes:
I think the reason a person selling labor doesn't normally offer a money-back guarantee even though most businesses offer them on what they sell has more to do with employees not wanting to offer them than employers not being open to accepting them. Single employees are not well diversified. If they get called on their guarantee after say, two months, it is very costly. Business, on the other hand, are composed of a number of people and generally have sufficient capital on hand. The risk of offering a guarantee is more spread out, thus they are more able to do it. Posted March 3, 2005 2:05 PM
Patrick R. Sullivan writes:
"Do minimum wage laws forbid this?" Yes. As well as a lot of other labor regulations. As someone else pointed out, it can effectively be done by hiring yourself out as a 'consultant', but the IRS has tests they apply that can make it difficult. Another variation is the low salary + a piece of the action (revenue--profit sharing, straight commission sales). Or what this group did. http://www.columbia.edu/~xs23/invest.htm Posted March 3, 2005 5:59 PM
Dan writes:
I'm an entrepreneur. The group that is angel investing in me basically finds smart weirdos and invests in their work. Essentially, they're arbitraging those biases against weirdos. Granted, this sort of thing is a bit more acceptable in Silicon Valley. I don't know any exact numbers, but I'm they're averaging much higher returns than most of the venture funds (they are a smaller player, though). Posted March 3, 2005 8:19 PM
Bernard Yomtov writes:
I think I've got some good arguments for wearing shorts and flip-flops in the winter I'd first be interested in hearing why you think you need a good argument to dress the way you prefer. Posted March 5, 2005 7:47 PM
Tim Worstall writes:
Youve just about described the way entrepreneurs work...run with an idea and only get anything if it works....or alternatively, only get paid if you do it well. Posted March 9, 2005 3:53 AM
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