Criminal businesses must by necessity adopt some of the work of governments because they are outside the scope of what the actual government does provide. You can't take your rival drug dealer to court over a dispute. You have to settle it in other ways. The threat of force isn't always a business model. Sometimes it's a substitute for legal recourse.
1. When I talk to someone about a new project, I do it in person or on the phone, not email. This is important.
2. The first call is always to see if the work would be a good fit, and I'm clear about that. If the client or the project isn't a good fit, I just say so. "I'm not the best guy for this work right now, you might want to talk to so and so".
That's pretty reasonable. Although I didn't explicitly SAY so in the article (and I really should have), the "Listen to them" step is intended to be via phone or in-person.
Regarding #2, is it always clear to you on the spot if a project isn't a good fit? That's kind of awareness is rare, IME, and kudos to you for having it!
A lot of the freelancers that I've mentored need a bit of time & space to ponder and re-play the tape in their head, so to speak, before they can come to that conclusion.
I hadn't really thought about it, but yes, I generally know right away. I sometimes need a little time to assess the project's scope or technical detail, but personality wise, I know almost instantly if the client is going to be a problem.
Clues:
Does the client respect your time? Texting me at 11:00 PM to talk about your project isn't going to work. Bad. Do not let the client intrude like this. It will drive you mad.
Does the client want to defer payment because they're talking to a big customer who needs to sign on? That's utterly unrealistic. Bad. Clients who are about to sign big customers are well past the dev hiring stage. This speaks to poor business management skills.
Does the client have leave a wake of unreliable developers in his path? If so, tread carefully. One is ok- there are a lot of flakey devs out there. Two is not. I once had a guy ask me if I could asses his previous dev's work as support for a small claims case. Um. no.
Does the client want to offer equity instead of cash? This is almost always bad. People who know what they're doing generally have some cash to get started, and generally prefer to use it. You might find a good client doing this, but it's very rare in my experience.
Does the client want to talk about entrepreneurship or does he have something to build? I get a lot of talkers. See the part above about respecting my time.
Has the client actually thought about what it is he wants?
Does the client have wildly misplaced sense of the technical scope of his project? Just say no.
Does the client come off as lacking in confidence? This isn't horrible, but they tend to be short lived, one off projects.
Can the client communicate clearly? This can be a real problem if they can't.
Does the client want you for crunch time because he planned poorly? <- Reread the last 4 words of this sentence.
Does the client want you to work with some cheap overseas code because they blew half their budget on what they thought would be a good deal and don't realize they have to start over now?
The theme is people in over their heads. Sometimes it's just not going to work, and if you pay attention, you can tell pretty easily.
Right! Those are all perfect examples of the mental process that goes on when evaluating a client. I often manage to go through that process myself on the spot, but there are many other times when I don't or can't.
And more importantly, new freelancers rarely have the ability to make those evaluations on the fly.
I might take for granted that I have an MBA, and worked quite a bit in other fields before I started freelancing. Might be entirely different for a younger person just starting out.
I think the point the parent is getting at is that nothing about business guarantees constant, compounding growth. It's not just mathematics, it's population growth, productivity, capital distribution, etc. - lots of stuff that we take for granted that results in constant growth rates, but that doesn't necessarily have to.
Compounding interest could continue at the upper right part of the S-surve. If the interest decreases every year, and sufficiently fast, it could give rise to a convergent infinite product. So total wealth would never exceed the threshold of the possible.
The approach was more novel when he first started beating this drum well over a decade ago. You have to compare it to 1999-era corporate powerpoint practices. We've come a long way in terms of expectations of the medium.
It's all relative. Compared to Dresden, small guided missiles are positively humane. Heck, the hammer that was dropped on Fallujah makes a drone look meek. War is by design very ugly.
You can replace nothing with this, though, which is what most people have access to. I don't think anyone expects these to spit out Kubrick films. But I bet it records better than I do.
As a parent it would be a very welcome thing to be able to watch something your kids are doing and record it at the same time without sacrificing the quality of either experience.
I think this is one of the best use cases outside of the sports market. I really dislike sitting behind a lens for lots of subtle experiences with kids, but at the same time I want a nice recording of it afterwards. It seems like this would help with that situation.
