32 karma · joined March 26, 2010
Just a little more background for anyone still reading this: I was trying to pay off my debt for 3 years at $1000/month at my last job, and finally realized that it couldn't be done and that the rat race was destroying any chance I had at doing something relevant, which is why I quit.
It turns out that bootstrapping with my repair biz actually provides enough income to live on at the proverbial 4 hours per week than all of my previous jobs provided at 40 hours per week, because of self employment leverage. Instead of earning $15-20 per hour in wages for the $100/hr that the business charges, I can just keep the whole $100. Without that leverage, there is little to no hope of getting ahead as an entrepreneur IMHO.
So right now I am working on some apps to steadily replace my repair income so I can transition to a sustainable income from software, and then I will settle my debts as a four year consolidation or whatever.
What frustrates me most is the timescales involved in this: 12 years in the school of hard knocks after the 16 years of mainstream school, and now another 4 or 5 years to pay for the mistakes I've made. I have the potential to make world-changing concepts like facebook, but odds are, I'll spend half my life just working as hard as I can to break even, and I see this pattern repeated over and over in our society.
Something is fundamentally broken, I think we can all sense that, but I'm not sure I can simply blame rich people who don't do anything cool anymore, because many of them realize that capital is so difficult to obtain that it can't be given away lightly.
Your final sentence is true, where "close to zero capital outlay" is in terms of technology cost, but that's overshadowed by time and cost of living. The general public overvalues security so I think it's important for hackers to shut that out to some degree, and find a way to be left alone and do their thing, because the reward/risk ratio of making something epic is so high that it outweighs the risk of austerity.
I finally realized that I can make more money freelancing on my own, since they charged $99/hr but only paid $15/hr. The levels of inefficiency at that job were staggering, and I muddled through for 3 years.
Now I am living the dream coding on my own and don't look back. The funny thing is, based on my pay stubs and commission, I know I was making them on the order of $100,000 per year. They only acted like they wanted me around...the day I gave notice.
If your employer doesn't understand these concepts, then you may have to think about finding other work with people who are more at your level. You won't regret it.
Disclaimer: this is my site, sorry for the shameless plug.
Like you, I have hundreds of ideas just like this one that are eating me up inside. This is beyond the scope of what I can do myself, so I decided to just throw it out there with the hope that it comes into existence in two or three years, because I could really use it.
Technical issues like databases, servers and networking are trivialities. The real work requires large warehouses and staff in every major city, so it's really beyond the scope of what geeks usually do, and falls into the realm of venture capital. Somebody will make a killing.
Dunno if you have ever been to this site, but I think of startups about once a week, like he thinks of inventions:
http://iotd.patrickandrews.com/
When I read Hacker News, I can't help but think that the intellectual capital here is not just worth millions or billions, but trillions of dollars. You will all be the pillars of industry someday.
I have another idea like this, but I've decided that it's within the scope of what I can do locally. I guess if you live in Boise, drop me a note haha.
I'm massively in credit card debt and work at a job that pays the bills but withers the soul. There's nothing quite like acute suffering to focus creativity.
Unrealized potential is the challenge of our generation.
As an experiment, I just tried saving this in a file called stylesheet.css, and setting it as the default style sheet in Safari under Safari menu->Preferences->Advanced->Style sheet:
td.title a:visited { visibility: hidden; }
It's a hack to make the read items disappear. Ideally, the whole row could be hidden under a turn-down arrow, or the site could somehow track which links have been read by the user and skip them (although that's not ideal for privacy, so would be best as an option).
P.S. I wasn't expecting the first reply to be from PG! This site is awesome.