Conservative Political Forum

General Category => Financial => Topic started by: taxed on April 24, 2021, 02:56:05 PM

Title: Great commentary on "skin in the game" by Steve Jobs
Post by: taxed on April 24, 2021, 02:56:05 PM
This is so true...

https://www.youtube.com/watch?v=4n6LrehCPOQ
Title: Re: Great commentary on "skin in the game" by Steve Jobs
Post by: Owebo on April 24, 2021, 06:56:46 PM
Cliffs for us anti-YouTubers?
Title: Re: Great commentary on "skin in the game" by Steve Jobs
Post by: Hoofer on April 24, 2021, 10:55:19 PM
Without R&D ... do you ever learn to appreciate the innovators?   Two wastebaskets, packed with "mistakes", learning how to make a very tiny mechanism, over years.

Heard some guy mutter, "I could do that...".    :thumbdown:  I don't think so.

That "thin layer" Jobs mentions, IMO, is the appearance of the finished product.  The time spent doing R&D - looking back - had I known back then, what I know now - forget it.  The money spent... OMG, I could have been fishing!

What's really strange, to hear someone say they desperately want to "start a business", with some innovative, unique, new idea or product - but, can't think of anything to develop (and probably lack the patience).  "Help me come up with some ideas & can market... you know, something you don't want to mess with, that I could make money at."    :rolleyes:  Do I just hand them my credit cards?
Title: Re: Great commentary on "skin in the game" by Steve Jobs
Post by: dickfoster on April 25, 2021, 01:22:55 AM
Quote from: Hoofer on April 24, 2021, 10:55:19 PM
Without R&D ... do you ever learn to appreciate the innovators?   Two wastebaskets, packed with "mistakes", learning how to make a very tiny mechanism, over years.

Heard some guy mutter, "I could do that...".    :thumbdown:  I don't think so.

That "thin layer" Jobs mentions, IMO, is the appearance of the finished product.  The time spent doing R&D - looking back - had I known back then, what I know now - forget it.  The money spent... OMG, I could have been fishing!

What's really strange, to hear someone say they desperately want to "start a business", with some innovative, unique, new idea or product - but, can't think of anything to develop (and probably lack the patience).  "Help me come up with some ideas & can market... you know, something you don't want to mess with, that I could make money at."    :rolleyes:  Do I just hand them my credit cards?
As a veteran of 8 startups and developer of 2 or 3 innovations that touch almost everyones life today I think I just might have some skin in the game. But I don't know how I could have done anything else with my life. It wasn't a choice that I was free to make. You do what ya gotta do.
Title: Re: Great commentary on "skin in the game" by Steve Jobs
Post by: Hoofer on April 25, 2021, 02:01:34 AM
Quote from: dickfoster on April 25, 2021, 01:22:55 AM
As a veteran of 8 startups and developer of 2 or 3 innovations that touch almost everyones life today I think I just might have some skin in the game. But I don't know how I could have done anything else with my life. It wasn't a choice that I was free to make. You do what ya gotta do.
I'm with you!   3 startups, working on the 4th, and with this one, 3 things that are entirely unique, I produce at home & sell.

Some ideas are just, too good to pass on - and I gotta admit, the best ideas come from idiots (not stupid people, but, people who still have unpolluted, raw ideas, which trigger greater ideas).  I *wish* I could do... "this" - hmmmm.....

The WORST are the armchair engineers, IMO, who never successfully designed or built anything.  Leaving nothing to chance, everything is over-engineered to the point of unworkability & impracticable - definitely beyond the price anyone would pay.
Title: Re: Great commentary on "skin in the game" by Steve Jobs
Post by: dickfoster on April 25, 2021, 02:57:31 AM
Quote from: Hoofer on April 25, 2021, 02:01:34 AM
I'm with you!   3 startups, working on the 4th, and with this one, 3 things that are entirely unique, I produce at home & sell.

Some ideas are just, too good to pass on - and I gotta admit, the best ideas come from idiots (not stupid people, but, people who still have unpolluted, raw ideas, which trigger greater ideas).  I *wish* I could do... "this" - hmmmm.....

The WORST are the armchair engineers, IMO, who never successfully designed or built anything.  Leaving nothing to chance, everything is over-engineered to the point of unworkability & impracticable - definitely beyond the price anyone would pay.
I'm not real sure but I think you just called me an idiot. Crazy l am but stupid I'm not.
Title: Re: Great commentary on "skin in the game" by Steve Jobs
Post by: Solar on April 25, 2021, 03:03:37 AM
Quote from: dickfoster on April 25, 2021, 02:57:31 AM
I'm not real sure but I think you just called me an idiot. Crazy l am but stupid I'm not.
Yeah, but you're our idiot! :biggrin:  J/k.

I don't think you're an idiot, though his reference was poorly chosen, crazy, enlightened, or pissed off or hyper focused? But idiot? Nah.
Title: Re: Great commentary on "skin in the game" by Steve Jobs
Post by: Hoofer on April 25, 2021, 06:19:38 AM
Quote from: dickfoster on April 25, 2021, 02:57:31 AM
I'm not real sure but I think you just called me an idiot. Crazy l am but stupid I'm not.
Idiot / ignorance = doesn't know, no working knowledge - for me, they've been quite valuable for fresh ideas.
Stupid = willful ignorance.
Lazy = all of us to some degree, some are lifetime experts.
You're in good company.

Arm Chair Engineer ... somewhere between Stupid & Lazy.   :ttoung:  I QUIT asking for their advice, because it's *always* been the same, "It won't work".  When it *does* work, "That's not the same idea we talked about."   :confused:
Title: Re: Great commentary on "skin in the game" by Steve Jobs
Post by: dickfoster on April 25, 2021, 06:42:20 AM
Quote from: Hoofer on April 25, 2021, 06:19:38 AM
Idiot / ignorance = doesn't know, no working knowledge - for me, they've been quite valuable for fresh ideas.
Stupid = willful ignorance.
Lazy = all of us to some degree, some are lifetime experts.
You're in good company.

Arm Chair Engineer ... somewhere between Stupid & Lazy.   :ttoung:  I QUIT asking for their advice, because it's *always* been the same, "It won't work".  When it *does* work, "That's not the same idea we talked about."   :confused:
That's funny, we both use the very same definition of stupid.
I'm used to being called crazy but I've been vindicaded more than once in my own time when I was proven in time to be absolutely on target and correct, the people calling me crazy simply lacked the necessary foward vision. 
Title: Re: Great commentary on "skin in the game" by Steve Jobs
Post by: Hoofer on April 25, 2021, 06:50:04 AM
Quote from: dickfoster on April 25, 2021, 06:42:20 AM
That's funny, we both use the very same definition of stupid.
I'm used to being called crazy but I've been vindicated more than once in my own time when I was proven in time to be absolutely on target and correct, the people calling me crazy simply lacked the necessary forward vision.

Well said.  I've been willing to invest the time & money to try for success.  And been called "high risk".
How do I wish to be found dead - staring at a TV, or chasing a dream?
Title: Re: Great commentary on "skin in the game" by Steve Jobs
Post by: dickfoster on April 25, 2021, 06:56:37 AM
Quote from: Hoofer on April 25, 2021, 06:50:04 AM
Well said.  I've been willing to invest the time & money to try for success.  And been called "high risk".
How do I wish to be found dead - staring at a TV, or chasing a dream?
If it isn't high risk, there's no money to be made. Anybody can do the easy and obvious therefore there's no money to be made doing it. 
Title: Re: Great commentary on "skin in the game" by Steve Jobs
Post by: Hoofer on April 25, 2021, 10:36:30 AM
Quote from: dickfoster on April 25, 2021, 06:56:37 AM
If it isn't high risk, there's no money to be made. Anybody can do the easy and obvious therefore there's no money to be made doing it.

:ohmy:  You know, if Marxists ran this nation, innovation would cease.  Equal outcome, they are anti-innovation, anti-technology - unless it's performed under the watchful eyes of "geniuses" like AOC.
Title: Re: Great commentary on "skin in the game" by Steve Jobs
Post by: dickfoster on April 25, 2021, 11:02:46 AM
Quote from: Hoofer on April 25, 2021, 10:36:30 AM
:ohmy:  You know, if Marxists ran this nation, innovation would cease.  Equal outcome, they are anti-innovation, anti-technology - unless it's performed under the watchful eyes of "geniuses" like AOC.
If those idiots had their way this nation would never have been. History tells us that they've never built any nation, they've only managed to tear them down.