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RE: Startup Blabber #004: The Hamptons Five
From my personal experience, working in a team that knows how to work with each other is great. Getting to the point where you actually have such a team though can be remarkably painful.
During the time it takes to get to that point, chances are that you found ways to become an actual leader by yourself. God knows, opportunities for making that a reality exist, probably now more than ever.
You make a lot of valid points! Seems like you have a lot of experience with this. Could I ask you to share some?
People here in germany have a very weird mindset when it comes to finances and business. Especially in the area I am living in.
For the most part, nobody is happy with their jobs or their job conditions, people moan and complan constantly about this and that or just. Now if you come along having some kind of idea or concept that could break that cycle, they will still reject it or make up apologizes for not wanting to participate.
TThe time and effort it would take for building a functioning team in order to create a flourishing business would be tremendous and the payout, if any, minimal.
I know a couple people who managed to create nice lifes by themselves and most of them managed to get to that point by relying on themselves and improving constantly while those that tried to find success by building and relying on teams ended up having to babysit people who were never really willing or caring in the first place.
Thanks for the information. Is the startup culture alive and happening in Germany? I know of the Rocket guys, but other than that, I haven't been aware too much of what is happening in Europe.
I think you hit the nail. Ultimately, people who "rely on themselves and improve themselves constantly" are the guys to ultimately find success at a much higher clip.
That is an interesting question. There are a couple of people who try to do something else than just 9to5ing in someone elses business. Which sounds good in theory, but these people usually fail because they either start doing things that have been tried and failed plenty of times before by other people, like opening diners and restaurants of sorts.
Just a week ago, I met a man who wanted to apply for a call center job where he would earn basicly close to minimum wage. Talking to the guy, I found out that he actually used to have two restaurants in the area, but sold them off because it was too taxing for him physically and mentally and apparently, they weren't doing too good financially either.
Starting a business in germany is possible, but it's hard and most people get discouraged long before ever reaching the point this man left behind,
That being said, I do notice that the younger generation is a bit more open towards all sorts of topics. Probably one of the percs of having been grown up with the internet. Met a 20 year old guy just a couple days who was able to tell me things about topics like Dropshipping which I never knew much about.
That being said, there may still be hope for the future.
I think I see that in Korea as well. Most of the stats on Korea on "startups" are actually people who retired from the workforce between the ages of 50 and 60. These people still have 20+ years of life ahead of them, but cannot sustain their lifestyle based on their current retirement income. As a result, they are prone to opening cafes, restaurants, or other food-related businesses that they actually have no experience in, which probably would not end well. As a result, most "startups" fail within their first year.
That being said, I think there is more promise for people that are younger. They are still fresh with ideas, with no dependents, and have the stamina to go through the vigorous stages of a startup. They might make much more mistakes, but then again, they can make those mistakes, as long as they plow through it all with perseverance.
Talking about retirement and retirement plans would be an entirely different beast to tackle. That topic looks rather dire in here as well, but from what I have heard, that seems to be the case almost everywhere.
To be honest, I find topics like these very tiresome. If I had my will, I would be able to just live without having to waste thought on getting, having, saving or making money in any way, shape or form and could focus on things that are much more interesting or promising. But that is probably a form of luxury no money can buy.
Regarding the youth, the next generation, I do agree that they have a lot of potencial going for them and them making mistakes is a good thing because with every mistake that is being made comes a lesson. The only thing I wish for all the youths on this planet would be better rolemodels and teachers.
I described how people look at themes like work and finances and of course, these views are being pushed onto the next generation. I consider that to be actual damage being done to them and it is damage that is very hard to repair.
I know a girl, an actually passionate and dedicated writer. I told her about steemit and that this platform is a great way to post some of her things, get feedback from interesting people from all kinds of places with the added benefit of maybe being able to make some extra money on top of it.
Obviously, she rejected because she thinks that the idea of making money off of such things is wrong. Occurances like this makes me wonder what some people are being thought in their homes.
As much potencial as the upcoming generation has, they need much better rolemodels and teachers that help them embrace and utilize said potencial.
Actually, I don't think I will talk about retirement plans at all. My knowledge on such matters is so low that I'm not sure if I can formulate a good opinion on those topics.
With regards to steemit, I do see a lot of good from this platform, which is why I decided to join and even blog in the first place. There are some grounds to the girl in your response. Ideally, in some utopian society, you would not want to be "paid" for your opinions, but I'm not sure I am in the same boat as hers. The contribution from incentivized work and from unincentivized work is fundamentally different.
I am pretty practical when it comes to these things.
If you are good at something, never do it for free.Doing so will only devalue everything you do and represent and that kind of behaviour and thinking will be very hard to get rid of and hold you back for a very long time.
Regarding the topic of having opinions compensated, one must note that this isn't anything new either. We live in times where corporations pay huge amounts of money and try to cheat the systems in many a way in order to get informations about people, their preferences etc.
Google and Facebook being the more prominent examples, but also things like reviewing apps that compensate you with all sorts of percs do qualify here.
The thing with steemit is that it takes a different approach, one that I particulary enjoy as far as I can tell.